2010 Financial Overview

Canadian Retail: Loans and Provisions (balances at Q4/10, $ billions) 135 Total = $181B; 92% secured 24 13 9 Mortgages(1) % secured PCL 100% Lines of Credit 69% Personal Loans Credit Cards(2) 97% 37% Q4/10 Q3/10 Q4/10 Q3/10 Q4/10 Q3/10 Q4/10 Q3/10 $ millions 3 1 40 29 55 69 41 46 % of avg. 1 <1 67 49 174 224 180 201 loans (bps) (1) Before securitizations of $16 billion & mortgages converted to MBS of $18 billion; 52% insured (including $15 billion portfolio insurance); LTV in mid-50s for uninsured portfolio Scotiabank (2) Includes $6 billion of Scotialine VISA 45 International Retail: Loans and Provisions (balances at Q4/10, $ billions) 12.9 Total Portfolio = $25B 77% secured 2.9 Personal Loans ($7.0 B) Credit Cards ($ 1.8 B) ■Mortgages ($16.5 B) 0.8 5.1 9.2 11 4.7 <+0.4 2.6 3.6 16 3.0 <0.1 14 +0.5 0.7 C&CA % of total 51% Mexico 20% Chile Peru 18% 10% PCL Q4/10 Q3/10 Q4/10 Q3/10 Q4/10 Q3/10 Q4/10 Q3/10 $ millions 41 24 45 47 17 17 26 31 % of avg. 125 83 350 376 150 153 389 500 loans (bps) Scotiabank 46

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