Scotiabank Announces Election of Directors

TORONTO, ON --(Marketwired - April 09, 2015) - Scotiabank announced that the nominees listed in the management proxy circular dated February 5, 2015, were elected as directors of the Bank. The detailed results of the vote for the election of directors held at its Annual and Special Meeting of Shareholders earlier today in Ottawa, Ontario, are set out below.

Election of Directors

On a vote by ballot, each of the following 13 nominees proposed by management was elected as a director of the Bank:

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Nominee                   Votes For      % For   Votes Withheld % Withheld 
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Nora A. Aufreiter        663,666,717     99.68     2,104,778       0.32    
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Guillermo E. Babatz      662,892,985     99.57     2,878,638       0.43    
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Ronald A. Brenneman      656,196,693     98.56     9,574,931       1.44    
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Charles H. Dallara       662,782,020     99.55     2,989,603       0.45    
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N. Ashleigh Everett      654,920,536     98.37     10,851,082      1.63    
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William R. Fatt          661,223,309     99.32     4,548,314       0.68    
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Thomas C. O'Neill        644,444,043     96.80     21,327,580      3.20    
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Brian J. Porter          663,040,737     99.59     2,730,886       0.41    
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Aaron W. Regent          659,539,866     99.06     6,230,511       0.94    
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Indira V. Samarasekera   663,338,463     99.63     2,433,162       0.37    
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Susan L. Segal           659,918,638     99.12     5,852,981       0.88    
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Paul D. Sobey            656,036,076     98.54     9,735,547       1.46    
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Barbara S. Thomas        662,258,026     99.47     3,508,099       0.53    
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Final voting results on all matters voted on at the Annual and Special Meeting of Shareholders held earlier today will be published shortly on www.scotiabank.com, and filed with the Canadian and U.S. securities regulators.

About Scotiabank
Scotiabank is Canada's international bank and a leading financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. We are dedicated to helping our 21 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking. With a team of more than 86,000 employees and assets of $852 billion (as at January 31, 2015), Scotiabank trades on the Toronto BNS and New York Exchanges BNS. Scotiabank distributes the Bank's media releases using Marketwired. For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankNews.


FOR FURTHER INFORMATION PLEASE CONTACT:

Media inquiries:
Nadine Jahangir
Scotiabank
416-933-2927
Nadine.jahangir@scotiabank.com