National Bank of Canada completed the establishment of a $3.5 billion medium term note program. The program was established pursuant to a short form base shelf prospectus dated the same day. The note securities, which may take the form of note securities linked to equity securities, indices and other forms of underlying interests, may be offered by one or more dealers comprised of National Bank Financial Inc., CIBC World Markets Inc., Desjardins Securities Inc. and RBC Dominion Securities Inc. Jean-Pierre Chamberland (securities), Monica Dingle (securities), and Thomas Copeland (taxation) of Fasken Martineau advised National Bank of Canada in the establishment of this program.