Investor Presentation Second Quarter 2007 slide image

Investor Presentation Second Quarter 2007

Scotiabank annual dividend, per share Continued dividend growth $0.37 16.7% CAGR $1.74* 97 98 99 00 01 02 03 04 05 06 07* ■ 3 cent or 7% dividend increase effective Q3/07 * based on current rate 16% increase in 2007 5 Scotiabank Higher earnings across all business lines year-over-year net income available to common shareholders, $ millions 296 361 364 Domestic 268 Q2/06 Q1/07 Q2/07 316 318 293 294 276 International Scotia Capital Domestic: Continued strong growth in personal lending, particularly in mortgages and personal lines of credit, combined with improved wealth management results. International: Combination of organic growth and acquisitions have fuelled solid year over year growth. Growth in assets, particularly in Mexico and the Caribbean partly offset by higher loan losses in Mexico and a higher effective tax rate. Scotia Capital: Record results with increased contributions from most businesses, buoyed by higher client-driven activities. Scotia Capital also benefited from a benign credit environment to realize continued net loan loss recoveries as well as interest recoveries. 6
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