The National Bank Supports the XVIIth World Youth Day

Montreal, 9 July 2002 - 

The National Bank today announced that it will participate in organizing the XVIIth World Youth Day (WYD), to be held this year in Canada for the first time, by providing financial support to the Quebec wing of the WYD Fundraising Committee. Its donation of $50,000 makes the National Bank one of the major sponsors of this important event.

André Bérard, Chairman of the Board of the National Bank, as well as the person responsible for the WYD component of the Montreal Archdiocese's annual fundraising campaign, highlighted the importance of this gathering for the hundreds of thousands of young people from around the world who will be coming to Canada to share their dreams and their hopes.

"After the difficult year we have recently lived through, World Youth Day has taken on new meaning," André Bérard stated. "Now, more than ever, we need to listen to those who will be the builders of tomorrow's society, a society which we sincerely hope will be better and fairer than today's. As a member of an older generation and a representative of one of the oldest companies in Canada, I am very proud to be involved in this event, representing as it does the best agent for change and progress that we can imagine for the future."

National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank has assets of over $75 billion and, together with its subsidiaries, it employs some 17,000 people. The Bank's shares are listed on the Toronto Stock Exchange

- 30 -

For more information:

Denis Dubé
Manager
Public Relations Department
Tel.:(514) 394-8644
E-mail:denis.dube@bnc.ca

* The telephone and fax number are for the exclusive use of journalists and other media representatives.