RNS Number:2448G
Bank of Nova Scotia
25 February 2000



BANK OF NOVA SCOTIA
USD 300,000,000 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:            6.5000 PCT
INTEREST PERIOD:          29 FEB  2000 TO 31 AUG 2000

INTEREST AMOUNT DUE
31 AUG 2000  PER
USD  10,000 NOTE          USD   332.22
USD 100,000 NOTE          USD 3,322.20

PUBLICATION OF THE INTEREST RATE NOTICE IS TO APPEAR IN THE
FINANCIAL TIMES ON 29 FEB 2000.

AGENCY DEPARTMENT
CSFB (EUROPE) LIMITED
C/O CSFB LONDON BRANCH


END
RC TAMITMMBTBLM
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