Investor Presentation: Scotiabank & R-G Premier

Puerto Rican Economy Improving economic fundamentals Economy appears to be at a turning point - 2009 GDP: US$60 billion - 2.5% real GDP growth forecasted in 2011 ➤ Economy expected to benefit from: US$6 billion of U.S. stimulus funds Strong economic ties with the DR and CAFTA countries Rationalization of the banking system underway Scotiabank Investor Presentation | April 30, 2010 4

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