/R E P E A T -- Media Advisory - Scotia Capital Investor Day to be broadcast on Web/

TORONTO, Oct. 14, 2011 /CNW/ - The Scotia Capital Investor Day will take place on October 17, 2011, from 8:30 a.m. to approximately 12:00 p.m. (EDT) in Toronto. This event will provide investors with presentations from senior executives at Scotia Capital as they discuss how Scotiabank's wholesale business is unique and why these differences make their business successful.

Interested parties are invited to access - in listen-only mode - a live webcast of the presentations by visiting the Investor Relations page of www.scotiabank.com.

About Scotiabank:

Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 70,000 employees, Scotiabank Group and its affiliates serve some 18.6 million customers in more than 50 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. With assets above $567 billion (as at July 31, 2011), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

For further information:

Patty Stathokostas, Scotiabank Media Communications, (416) 866-3625 or patty_stathokostas@scotiacapital.com.