Moody's Changes Outlook on TD Bank to Positive from Stable

Investment Executive, 16 August 2006 Moody�s Investors Service has changed the rating outlook on Toronto-Dominion Bank, and its subsidiaries, to positive from stable.At the same time, it affirmed the bank�s ratings. TD is rated �Aa3� for deposits and �B� for bank financial strength.In a related action, Moody�s changed the outlook to positive from stable on TD Banknorth, Inc.�s deposit and debt