Media Advisory - Scotiabank to Launch the ScotiaMocatta eStore in Canada - a
New Full-Service Online Precious Metals Delivery Channel

TORONTO , Sept. 28 /CNW/ - Scotiabank will announce it is the first bank in Canada to launch a full-service online precious metals delivery channel at www.scotiamocatta.com/eStore.

    
    Who:      Rick Waugh, President and Chief Executive Officer, Scotiabank;
              and Barry Wainstein, Vice-Chairman and Deputy Head, Global
              Capital Markets, and Global Head, Foreign Exchange and Precious
              Metals, Scotia Capital.

    When:     Tuesday, September 29, 2009

    What:     10:30 a.m. - Photo opportunity, media kick-off and
              demonstration, with a variety of gold and silver product
              displays.

    Where:    Scotia Plaza
              40 King Street West
              64th Floor, Towerview Room
    

ScotiaMocatta, the precious metals division of the Scotiabank Group, is a global leader in precious metals trading and finance, with roots dating back to 1671. It is the Chairman of the London Silver Fixing, Member and past Chair of the benchmark London Gold Fixing, and a leading market-maker with operations worldwide. ScotiaMocatta serves a diverse clientele of producers and consumers of bullion across a variety of industries. For more information, please visit www.scotiamocatta.com

Scotia Capital is the wholesale banking arm of the Scotiabank Group, offering a wide variety of products to corporate, government and institutional clients. It provides full-service coverage across the NAFTA region, and also serves selected niche markets globally through two divisions, Global Capital Markets and Global Corporate and Investment Banking. Scotia Capital has 28 offices and more than 300 relationship managers organized around industry specialties. For more information, please visit www.scotiacapital.com

Scotiabank is one of North America's premier financial institutions and Canada's most international bank. With close to 69,000 employees, Scotiabank Group and its affiliates serve approximately 12.8 million customers in some 50 countries around the world. Scotiabank offers a diverse range of products and services including personal, commercial, corporate and investment banking. With more than $485 billion in assets (as at July 31 , 2009), Scotiabank trades on the Toronto (BNS) and New York Exchanges (BNS). For more information please visit www.scotiabank.com.

For further information: Joe Konecny, Public Affairs, at [phone] or [email protected]