Laurentian Bank increases its prime rate to 2.50%

MONTREAL, June 1 /CNW Telbec/ - Laurentian Bank of Canada announces that it will increase its prime lending rate by 25 points from 2.25% to 2.50% effective Wednesday June 2, 2010.

For further information: Mr. Yassir Berbiche, Senior Vice-President and Treasurer, Corporate Treasury, [phone], extension 5937; Ms. Gladys Caron, Vice-President, Public Affairs, Communications and Investor Relations, [phone], extension 7511, Cellular: [phone], [email protected]