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2005 Financial Performance and Outlook

Net formations this quarter Scotiabank $ millions Domestic - Retail - Commercial International Scotia Capital - · Canada - U.S. - Europe Total 31 89 46 46 135 47 (6) (9) 72 57 Scotiabank Trading revenues, 2005 # days 40 Trading revenues 95%+ days = positive SG N N A 10 15 20 30 25 35 239 5 0 (4) (3) (2) (1) 01 2 3 4 5 6 7 89 10 11 12 13 14 $ millions 32

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