/R E P E A T -- Scotiabank Holds First Saskatoon-based Annual General Meeting of Shareholders/

SASKATOON, April 2, 2012 /CNW/ - Scotiabank's 180th Annual Meeting of Shareholders will be held on Tuesday, April 3, 2012, at TCU Place Arts and Convention Centre, 35-22nd Street East, Saskatoon, Saskatchewan, beginning at 10:00 am (local time). This is the first time in the Bank's history that it has held this event in Saskatoon.

Shareholders and the public are invited to listen in to the meeting by following the links on the Annual Meeting section of the Scotiabank website, www.scotiabank.com/annualmeeting

Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With more than 77,000 employees, Scotiabank and its affiliates serve some 19 million customers in more than 55 countries around the world. Scotiabank offers a broad range of products and services including personal, commercial, corporate and investment banking. With assets above $637 billion (as at January 31, 2012), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

For further information:

Media Contact:
Andrew Chornenky, Scotiabank Media Communications,
andrew.chornenky@scotiabank.com, 416-866-4826.