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    Scotiabank Changes Mortgage Rates

    TORONTO, Oct. 4, 2011 /CNW/ - Scotiabank announced today the following special discounted rates (*) on residential mortgages, effective October 5, 2011:

    Scotia Flex Value closed (5 Year)  Prime - 0.10 per cent   (increases by 0.20 per cent)
      (2.90 per cent)  
         
    Two-year fixed closed    2.49 per cent    (no change)

    *The special discounted rates are not the posted rates of Scotiabank. Rates are subject to change without notice. Offers may be withdrawn or extended without notice and cannot be combined with any other rate discounts, offers, or promotions. Other conditions may apply.

    For further information:

    Diana Hart, Scotiabank Media Communications, (416) 866-7238 or diana_hart@scotiacapital.com.