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Press release from CNW Group

Laurentian Bank changes its mortgage rates

Wednesday, March 28, 2012

Laurentian Bank changes its mortgage rates17:35 EDT Wednesday, March 28, 2012MONTREAL, March 28, 2012 /CNW Telbec/ - Laurentian Bank has changed its mortgage rates.  The changes are as follows:TERM  RATE VARIATION          Fixed rate         5-year term from5.24% to5.44% +0.20%          Variable rates*         3-year term from3.00% to3.20% +0.20%5-year term from3.00% to3.20% +0.20%          Special offers         (Fixed/closed), 4-year from3.39% to3.49% +0.10%(Fixed/closed), 5-year from3.79% to3.99% +0.20% *LBC Prime rate at 3.00%These new mortgage rates will be effective as of March 29, 2012.For further information: Laurentian Bank of Canada Gladys Caron Vice President, Public Affairs and Communications Office: 514 284-4500, extension 7511 Cellular : 514 893-3963 gladys.caron@banquelaurentienne.ca