| Issuer: |
The Bank of Nova Scotia |
| Issue Date: |
April 30, 2008 |
| Maturity Date: |
October 30, 2014 – 6.5 yr term |
| Call Feature: |
Callable in 2 yrs at $125.44 equal to $100 Principal repayment plus $25.44 Call Coupon (equivalent to 12% annual compound rate of return – payable in Canadian dollars) |
| Principal Payment: |
100% Principal repayment if held to maturity or if called |
| Variable Payment: |
Variable Return, if any, linked to the price performance of a Global Financial Equity Portfolio (See Variable Return Calculation for more details) |
| No Foreign Currency Risk: |
All returns paid in Canadian dollars – the Variable Return payable will be unaffected by changes in the exchange rate of Canadian dollars relative to any other currency |
| Equity Basket: |
The Basket is comprised of the following 18 issuers (equally dollar-weighted at inception):
- Bank of America Corporation
- Bank of Montreal
- BNP Paribas
- Citigroup Inc.
- Credit Agricole S.A.
- Credit Suisse Group
- Daiwa Securities Group Inc.
- Deutsche Bank AG
- Fortis
|
- HSBC Holdings PLC
- Lloyds TSB Group PLC
- Nomura Holdings Inc.
- Nordea Bank AB
- Royal Bank of Canada
- Royal Bank of Scotland Group PLC
- The Toronto-Dominion Bank
- UBS AG
- Wachovia Corporation
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