TD Capital Trust Announces Redemption of Capital Trust Securities

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On November 5th, TD Capital Trust, a subsidiary of the Toronto Dominion Bank (TD) announced that its intention of redeeming the outstanding 900,000 Capital Trust Securities – Series 2009 (TD CaTS) on December 31st, 2009.

This will be done at a price per unit of $1,000 plus the unpaid distribution payable on the redemption date of December 31st, 2009.

Notice will be delivered to all TD CaTS holders in accordance with the terms outlined in the TD CaRS prospectus.

After December 31st 2009, holders of TD CaTS will cease to be entitled to distributions and will no be able to exercise any rights of holders of TD CaTS other than receiving the receiving the redemption price.

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group is the sixth largest bank in North America by branches and serves approximately 17 million customers, with 4 key businesses operation in a number of locations in the key financial centres around the globe.

TD Bank Financial Group ranks among the world’s leading online financial services firm, with more than 5.5 million online customers.

TD Bank Financial Group has $545 billion in assets on July 31st, 2009.

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