National Bank's First Quarter 2001 Analysts' Conference Call to be broadcast on the web

National Bank of Canada will be releasing its first quarter results on Thursday, February 22nd, 2001. A live Internet broadcast of the Bank's analysts' conference call accompanied of presentation slides will follow the release. Retail investors and media can join the conference call in a listen-only mode. Further information on the broadcast as well as the presentation material to be referenced during the call will be posted on National Bank's website.

· Start time of conference call : 2:00 pm
· Web address : www.nbc.ca/investorrelations
· Telephone # : 416-695-5806 / 1-800-273-9672

The audio webcast will include the presentation by Bank Executives to analysts and the subsequent question-and-answer period. An archived version will be available after the call ends. Also available to investors via telephone is access to the archived conference call recording. By dialing the following number : (416) 695-5800 or 1-800-408-3053 and entering the password 687438, investors can listen to discussions pertaining to the financial results.

Source: Elaine Carr, Director, Investor Relations, (514) 394-0296, elaine.carr@bnc.ca