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Investor Presentaiton

Scotiabank $ millions Favourable credit conditions Change Yr/Yr Qtr/Qtr Provision for Credit 63 (12) 31 Losses (PCL) Specific Provisions 63 (12) (29) Net Impaired Loans* 579 (80) 9 General Allowance: $1,323 million -$16 million increase from Costa Rica acquisition $1.5 billion of credit protection in place * after specific allowance for credit losses Scotiabank 29 Credit losses remain moderate $ millions Domestic: - Retail Banking - Commercial 8 20 74 10 134 71 Change Yr/Yr Qtr/Qtr 13 International: - Mexico 4 (8) - Caribbean & Central America 10 8 - Latin America & Asia 5 (8) 19 (8) 11 336 2457 Scotia Capital: - U.S. - Canada & Other (29) (17) (46) (1) 3 (10) (30) (14) (56) Other Total Specific Provisions Reversal of General Allowance Total 63 (12) (29) - 60 63 (12) 31 30
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