Scotiabank Financial Performance Review

Scotiabank Scotiabank Appendix 35 Impact of Forex Translation Impact ($MM) Yr/Yr Qtr/Qtr Revenues (154) 49 Non-interest expenses 63 (20) Net income (67) 21 Average exchange rate Q2/08 Q1/08 Q2/07 $US/$CAD 0.99 1.01 0.86 Mexican peso/$CAD 10.62 10.99 9.63 Peruvian new sol/$CAD 2.83 Chilean peso/$CAD 454.75 3.02 497.76 2.78 467.07 36

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