Press Releases

Launch of National Bank’s New Multi-managed GIC

Montreal, 20 January 2005 -

National Bank launches the newest member of its family of guaranteed investment certificates, the Multi-managed GIC.  In addition to fully protecting the invested principal, this innovative new product assures investors of a minimum 5% yield at maturity, regardless of market conditions.  Moreover, with the Multi-managed GIC, National Bank is introducing a formula for sharing risk and return with the investor, a first in the banking industry.

Members of the media are invited to attend a press conference on this topic to be held on January 25, 2005.

What:    Introduction of the new Multi-managed GIC from National Bank

Who:     Jean Blouin, Vice-President – Retail Credit and Investment Solutions, National Bank of Canada

When:   January 25, 2005 at 11:00 a.m.

Where:  National Bank Tower, 600 de La Gauchetière West, Montreal, 5th Floor, Room 5-05.  (Please go to the reception desk through the East door on the 5th floor.)

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 customers elsewhere in the world.  National Bank offers a full array of banking services, including 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 nearly $89 billion in assets 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 at www.nbc.ca.

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

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