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Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 09/02/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

The Bank of Nova Scotia (TSX:BNS) has announced the closing of a prospectus offering of common shares. As a result, the relative weight of Bank of Nova Scotia will increase in the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Capped Financials, the S&P/TSX 60, Equity 60 and 60 Capped, the S&P/TSX MegaCap, the S&P/TSX Equity Income and the S&P/TSX Composite Dividend indices to reflect this share issuance. There will be no weight changes effective in the S&P/TSX Canadian Dividend Aristocrats, the S&P/TSX 60 130/30 Strategy, the S&P/TSX Equal Weight Diversified Banks, the S&P/TSX 60 Equal Weight or the S&P/TSX Composite Equal Weight Indices. These changes will be effective after close on Thursday, February 16, 2012.

Company additions to and deletions from an S&P equity index do not in any way reflect an opinion on the investment merits of the company.