Laurentian Bank of Canada implements US$600 million Medium Term Note program

On September 13, 2010, Laurentian Bank of Canada filed a prospectus supplement to a short form base prospectus (dated September 10, 2010) providing for the issuance of up to $600 million of Medium Term Notes (subordinated indebtedness). The notes will be offered severally by one or more of Laurentian Bank Securities Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Desjardins Securities Inc., National Bank Financial Inc., RBC Dominion Securities Inc., Scotia Capital Inc. and TD Securities Inc. (the "dealers"). Fasken Martineau is counsel to the dealers with a team that includes Gilles Leclerc, Jean-Pierre Chamberland, Christian Jacques and Constantinos Ragas.