Scotiabank Investor Presentation

100 90 80 Consistent Dividend Growth Bonus 70 4:7 60 60 Cents 50 50 40 40 30 20 20 10 10 9-Year CAGR: 14.72% 35 32 55 27 20 20 0 '97 '98 '99 99 ICC Cricket World Cup WEST INDIES 2007 Scotiabank OFFICIAL SPONSOR Bonus 1:2 70 31.3% 53 49 47 43 34 37 '00 '01 '02 '03 '04 '05 '06 90 FINANCIALS Investor Presentation, 29 January 2007 Mello

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