Scotiabank Changes Mortgage Rates

    TORONTO, Sept. 26 /CNW/ - Scotiabank announced today the following
changes in residential mortgage interest rates, effective September 27, 2008:- three-year closed      7.04 per cent      (increases by 0.35 per cent)
    - four-year closed       7.04 per cent      (increases by 0.35 per cent)
    - five-year closed       7.20 per cent      (increases by 0.35 per cent)
    - seven-year closed      7.65 per cent      (increases by 0.35 per cent)
For further information:
For further information: Ann DeRabbie, Public Affairs, at (416)
933-1344, or ann_derabbie@scotiacapital.com