NATIONAL BANK OF CANADA
TSX : NA

NATIONAL BANK OF CANADA

December 20, 2006 15:49 ET

National Bank of Canada: Notice of Intention Regarding the Exercise of Options

MONTREAL, QUEBEC--(CCNMatthews - Dec. 20, 2006) - National Bank (TSX:NA) today announced that the officers below have expressed their intention to exercise options, as of January 2, 2007.



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Name Title Number of options
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Patricia Curadeau-Grou Senior Vice- Up to 35 400
president,
Risk Management
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Tony Meti Senior Vice-president, Up to 65 300
Commercial Banking and
International
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Michel Tremblay Senior Vice-president, Up to 10 000
Personal Banking and
Wealth Management
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The announcement was made via a press release in keeping with practices under the National Bank's corporate governance rules, which stipulate that the President and Chief Executive Officer and all officers who are on the Bank's Executive Committee are required to publicly disclose their intention to exercise stock options at least five business days in advance.

About National Bank of Canada

National Bank of Canada is an integrated group which provides comprehensive financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including retail, corporate and investment banking. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. National Bank has more than $116 billion in assets and, together with its subsidiaries, employs 16,972 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX:NA). For more information, visit the Bank's website at www.nbc.ca.

The telephone number provided below is for the exclusive use of journalists and other media representatives.

Contact Information

  • National Bank of Canada
    Denis Dube
    Senior Director - Public Relations
    514-394-8644