TD Bank to Take TD Banknorth Private

Scotia Capital, 21 November 2006TD Bank to Acquire Remaining 41% of TD Banknorth - Shift in Strategy� TD Bank announced that it will buy the remaining 41% stake in TD Banknorth for US$32.33 per BNK share or US$3.2 Billion (C$3.6 billion) in an all cash offer. The purchase price represents 15.8x 2007 EPS of US$2.05 per share and 6.5% premium to the closing price on November 17, 2006.� Closing of