RNS NO 6120m
BANK OF NOVA SCOTIA
27 August 1999


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:            6.0625 PCT
INTEREST PERIOD:          31 AUGUST 1999 TO 29 FEBRUARY 2000

INTEREST AMOUNT DUE
29 FEBRUARY 2000 -
USD  10,000 NOTE          USD   306.49
USD 100,000 NOTE          USD 3,064.90

PUBLICATION OF THE INTEREST RATE NOTICE IS TO APPEAR IN THE
FINANCIAL TIMES ON 31 AUGUST 1999.


AGENCY DEPARTMENT
CSFB (EUROPE) LIMITED
C/O CSFB LONDON BRANCH
26 AUGUST 1999


END

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