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Press release from Marketwire

National Bank Adjusts its Mortgage Rates

Thursday, November 01, 2012

National Bank Adjusts its Mortgage Rates12:20 EDT Thursday, November 01, 2012MONTREAL, QUEBEC--(Marketwire - Nov. 1, 2012) - National Bank (TSX:NA) has adjusted its rates for residential mortgages. The new rates are effective as of Friday, November 2, 2012.TERMCURRENT RATE (%)NEW RATE (%)CHANGEFIXED-RATE CLOSED TERM2 years closed3.3503.140-0.2103 years closed3.8503.700-0.150About 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: Contact Information: Joan BeauchampSenior Advisor - Public AffairsNational Bank514-394-6500