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Press release from Marketwire

National Bank Once Again Ranked Among 50 Best Employers in Canada

Thursday, October 18, 2012

National Bank Once Again Ranked Among 50 Best Employers in Canada09:24 EDT Thursday, October 18, 2012MONTREAL, QUEBEC--(Marketwire - Oct. 18, 2012) - National Bank (TSX:NA) is proud to announce it has been named to the list of the "50 Best Employers in Canada" for an eighth year. This prestigious list, which is compiled every year by Aon Hewitt, measures employee engagement across the country. "I'd like to thank our employees for being so committed to the Bank. This recognition provides us with even greater motivation to help them reach their full potential," declared Louis Vachon, President and Chief Executive Officer at National Bank. "There's no question that through their active participation in the One client, one bank business development strategy we have been pursuing since 2008, employees are helping to roll out the red carpet for all our clients." National Bank has been taking part in Aon Hewitt's survey since it was first launched. It is based on an opinion survey conducted with the employees, leaders and human resources professionals of participating businesses. The Bank uses the insight gained from its results to improve its human resources practices, so as to remain one of Canada's top employers.This latest achievement, which reflects the engagement and commitment of its 20,000 employees, comes on the heels of several other distinctions the Bank has received in 2012, including:Montreal's Top Employers (Mediacorp Canada) Lipper Awards for its mutual funds Best Employers in Quebec (Aon Hewitt) Canada's Best Diversity Employers (Mediacorp Canada) World's Strongest Banks (Bloomberg Markets) Best Canadian Brands (Interbrand)About National Bank of CanadaWith $180 billion in assets as at July 31, 2012, National Bank of Canada (www.nbc.ca), together with its subsidiaries, forms one of Canada's leading integrated financial groups, and was named among the five strongest banks in the world by Bloomberg Markets. The Bank has more than 20,000 employees and is widely recognized as a top employer. Its securities are listed on the Toronto Stock Exchange (TSX:NA). Follow the Bank's activities via social media and learn more about its extensive community involvement at clearfacts.ca and commitment.nationalbank.ca.The telephone number provided below is for the exclusive use of journalists and other media representatives.FOR FURTHER INFORMATION PLEASE CONTACT: Senior Advisor - Public AffairsJoan BeauchampNational Bank514-394-6500