National Bank and its Employees Donate $3,105,176 to United Way of Canada

Montreal, 31 January 2012 - 

National Bank is very pleased to donate more than $3.1 million to United Way of Canada. This amount represents donations made by current and retired employees, as well as a corporate donation from National Bank.The Bank's annual United Way campaign counts on the generosity and support of thousands of donators and volunteers. The commitment of Bank employees is undeniable, and is reflected in this year' results-an increase of more than 10% over last year.

United Way derives most of its funding from corporate fundraising campaigns like the one organized by the Bank each year. The money raised will be used to support numerous programs and social services devoted to improving the quality of life of Canadians in sectors benefiting the most from their outreach.

"For more than 30 years, National Bank's employees, both current and retired, have been helping to support the outreach of thousands of charitable foundations across Canada. I'm extremely proud to see how, through our annual United Way campaign, we're working together to make lasting changes in our community," stated Louis Vachon, President and Chief Executive Officer at National Bank.

Every year, through its donations and sponsorships program and the initiatives of its employees, National Bank helps support hundreds of organizations across Canada. It focuses primarily on four main areas of activity-health, education, arts and culture, and community outreach-with the goal of generating positive benefits for communities.

For more information on the many causes and events National Bank supports as part of its commitment to the communities it serves, please consult our Social Responsibility Report at www.nbc.ca/socialresponsibility.

About National Bank of Canada
National Bank of Canada is an integrated group that 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. 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. As at October 31, 2011, National Bank has over CDN$156 billion in assets in accordance with Canadian GAAP and, together with its subsidiaries, employs more than 19,000 people. The Bank's securities are listed on the Toronto Stock Exchange (TSX: NA). For more information, visit the Bank's website atwww.nbc.ca. To access National Bank of Canada's financial literacy portal, visitwww.clearfacts.ca.

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

Joan Beauchamp
Senior Advisor, Public Relations
National Bank
Tel.: 514-394-6500

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