Announcements

At extraordinary general meetings held August 31, 2015 and September 1, 2015, shareholders have voted in favour of a proposal previously announced on July 20, 2015, to terminate and liquidate the following portfolios effective September 1, 2015:

• Scotiabank Global Partners Income Portfolio
• Scotiabank Global Partners Income and Conservative Growth Portfolio
• Scotiabank Global Partners Balanced Income Portfolio
• Scotiabank Global Partners Balanced Growth Portfolio
• Scotiabank Global Partners Growth Portfolio

("Scotiabank Global Partners Portfolios")

Following the liquidation, the net proceeds will be distributed to the shareholders of the Scotiabank Global Partners Portfolios.

For further information, please contact Heather Anderson at 647-533-1876 or by email at heather.anderson@scotiabank.com.