National Bank Direct Brokerage Improves its Rates

Montreal, 19 January 2009 - 

National Bank Direct Brokerage, a subsidiary of National Bank Financial Group, is improving its rates for investors holdingassets of $100,000 or more at National Bank Direct Brokerage.

These favourable rates were previously reserved for investors holding personal assets of $250,000 or more at National Bank Direct Brokerage and, therefore, are now more accessible.

National Bank Direct Brokerage is also simplifying its pricing for active investors by including the $1.95 transaction fee. With this competitive pricing structure, investors can execute trades for as little as $6.95 as soon as they complete 30 share or option trades per quarter via National Bank Direct Brokerage’s electronic services.

Clients seeking information on the new rates can call National Bank Direct Brokerage Investor Services at 1-800-363-3511 or 514-866-6755, or send an email to web.trad@bnc.ca

By personal assets, NBDB means assets held under the same account root (first 6 digits of the account number) on the last business day of the previous month. This offer cannot be combined with any other offer and is subject to change without prior notice. The new fees apply to all stock or option trades carried out using NBDB’s electronic systems (Internet and Interactive Voice Broker).  For the eligibility criteria and to find out how the commission schedule for this special pricing works, visit our website at www.nbc.ca/nbdb.

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. The 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 $129 billion in assets and, together with its subsidiaries, employs 17,146 people. The Bank’s securities are listed on the Toronto Stock Exchange (NA:TSX). For more information, visit the Bank’s website at
www.nbc.ca.

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

Denis Dubé
Senior Manager – Public Relations
National Bank Financial Group
Tel.: 514-394-8644