Investment Planning Counsel and National Bank announce a partnership

Toronto, 13 February 2006 - 

Investment Planning Counsel Inc. (IPC) and National Bank today announced the signing of an agreement to provide National Bank RRSP loan solutions to IPC clients across the country.

“IPC is always looking to partner with companies that can provide our clients with better value for their money,” said Chris Reynolds, President of Investment Planning Counsel (IPC). The addition of National Bank RRSP loan solutions to our platform increases our advisors’ ability to provide complete financial planning to our clients.”

“We’re very pleased with this new distribution agreement and the way it meshes with our strategy to develop new markets.  It gives us access to a broad network of financial advisors across Canada and ties in very nicely with the Bank’s geographic expansion strategy,” explained Michel Tremblay, Senior Vice-President – Personal Banking and Wealth Management at National Bank.

About Investment Planning Counsel
Investment Planning Counsel Inc. is an integrated wealth management company focused on providing Canadians with financial products, services and advice to help them live their financial dreams. A premier choice among independent financial planners dedicated to serving the needs of their clients, Investment Planning Counsel is a member of the IGM Financial Inc. group of companies (TSX: IGM).  For more information, visit IPC’s website at www.ipcc.ca.

About National Bank of Canada
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. National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has close to $108 billion in assets and, together with its subsidiaries, employs 16,890 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website atwww.nbc.ca.

Information (The telephone numbers provided below are for the exclusive use of journalists and other media representatives):

Catharine Marion
Environics Communications Inc.
(416) 969-2809
cmarion@environicspr.com

Denis Dubé
Director – Public Relations Department
National Bank of Canada
Tel.: (514) 394-8644