Other Capital Securities

The following is a summary of some of the key terms of The Bank of Nova Scotia's Additional Tier 1 Capital securities. To obtain additional information, please refer to the respective prospectus.

Terms of Additional Tier 1 Capital Securities
Securities
CUSIP Issue Price
Interest/Cash Distribution
Prospectus
Scotia BaTS II 2006-1 
(issued by Scotiabank Capital Trust)
80928B
AC0
$1,000
$28.25

4.650% Fixed to Floating Rate Non-Cumulative Subordinated Additional Tier 1 Capital Notes
064159
KJ4
USD 1,000
USD 23.25