Press Releases

National Bank Audited Consolidated Financial Statements for year ended October 31, 2004 available today on its web site

Montreal, 23 December 2004 -

National Bank of Canada announced today that it has made available its Audited Consolidated Financial Statements for the fiscal year ended October 31, 2004 on its web site at the following address: www.nbc.ca/investorrelations.

These same documents will also be included in National Bank's 2004 Annual Report which will be sent to shareholders and will be available on the web site on or after January 24, 2005.

About the 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. The National Bank has assets of  close to $89 billion and, together with its subsidiaries, employs close to 16,500 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.

Source: Elaine Carr, Director, Investor Relations, (514) 394-0296, investorrelations@nbc.ca