BNV Bank Nova Scot

RNS No 1805t
BANK OF NOVA SCOTIA
27th August 1998


BANK OF NOVA SCOTIA
USD 300 MILLION FLOATING RATE
SUBORDINATED CAPITAL DEBENTURES DUE 2085

IN ACCORDANCE WITH THE PROVISIONS OF THE NOTES WE CONFIRM DETAILS
FOR THE NEW INTEREST PERIOD FOR THE ABOVE FRN ISSUE AS FOLLOWS:

INTEREST RATE:         5.8125 PCT PER ANNUM

INTEREST PERIOD:       28 AUGUST 1998 TO 26 FEBRUARY 1999

INTEREST AMOUNT DUE
26 FEBRUARY 1999 PER
USD  10,000 NOTE       USD 293.85
USD 100,000 NOTE       USD 2,938.50

PUBLICATION OF THE INTEREST RATE NOTICE IS TO APPEAR IN THE
FINANCIAL TIMES ON 28 AUGUST 1998.

MORRIS D'ALOIA, AGENCY SERVICES
CREDIT SUISSE FIRST BOSTON (EUROPE) LTD
C/O CREDIT SUISSE FIRST BOSTON, LONDON BRANCH
FACSIMILE: 0171 888 8398 / PHONE: 0171 888 8362


END

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