(The following press release from RBC Capital Markets was received by e-mail. The sender verified the statement.) RBC CAPITAL MARKETS APPOINTS HEAD OF HIGH YIELD CAPITAL MARKETS IN EUROPE LONDON, 2 October 2012 — RBC Capital Markets, the corporate and investment banking arm of RoyalBank ofCanada(RY on TSX and NYSE), today announced the appointment of Frank Garibaldi, as a Managing Director and Head of High Yield Capital Markets in Europe. Garibaldi will be based in London and has over 20 years of experience in high yield markets, including senior roles at Credit Suisse, Lehman Brothers and most recently at Cantor Fitzgerald in New York. Commenting on the appointment, Patrick Meier, co-head of European Investment Banking, RBC Capital Markets said: “Frank is a well-respected expert in his field and his appointment reflects our commitment to further strengthening our European investment banking franchise.” Kete Cockrell, Head ofHigh Yield Capital Markets, added: "Frank’s expertise and experience in the European and US high yield marketswill be a great addition to our European platform as we continue the build out of our global high yield business.” For more information, please contact: Greentarget, London: Dafina Grapci-Penney – Tel: +44 (0)20 7324 5484, email@example.com RBC Capital Markets, London: Louisa Fairman – Tel: +44 (0) 20 7029 7821, firstname.lastname@example.org (rml) NY
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RBC NAMES GARIBALDI HEAD OF HIGH YIELD CAPITAL MARKETS IN EUROPE
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