National Bank of Canada to Redeem Preferred Shares Series 15

MONTREAL, Dec. 6, 2012 /CNW Telbec/ - National Bank of Canada (the "Bank") 
today announced its intention to redeem on January 15, 2013 all of its 
Non-cumulative Fixed Rate First Preferred Shares Series 15 (the "Preferred 
Shares Series 15"). The redemption price, as provided for in shares 
conditions, is $25.00 per share, together with declared and unpaid dividends. 
As the normal quarterly dividend would have been due on February 15, 2013, the 
Bank has declared a dividend for the period from November 15, 2012 to January 
15, 2013 of $0.24442 per Preferred Share Series 15; as a result, holders will 
receive upon redemption an amount of $25.24442 per share. 
Formal notice will be issued to shareholders in accordance with the share 
conditions.The redemption of the Preferred Share Series 15 is subject to the 
approval of the Office of the Superintendent of Financial Institutions and is 
part of the Bank's ongoing management of its regulatory capital. 
Caution Regarding Forward-Looking Statements
This press release includes certain forward-looking statements. These 
forward-looking statements include the Bank's intentions regarding the 
redemption of the Preferred Shares Series 15. These statements are inherently 
subject to significant risks, uncertainties and changes in circumstances, many 
of which are beyond the control of the Bank, including the obtaining of 
regulatory approval required to complete the proposed redemption. Except as 
required by law, the Bank does not undertake to update any forward-looking 
statements, whether written or oral, that may be made from time to time, by it 
or on its behalf. The forward-looking information contained in this press 
release is presented for the purpose of interpreting the information contained 
herein and may not be appropriate for other purposes. 
About National Bank of Canada
With $178billion in assets as at October31, 2012, National Bank of Canada 
(www.nbc.ca), together with its subsidiaries, forms one of Canada's leading 
integrated financial groups, and was named among the five strongest banks in 
the world by Bloomberg Markets. The Bank has close to 20,000 employees and is 
widely recognized as a top employer. Its securities are listed on the Toronto 
Stock Exchange (TSX:NA). Follow the Bank's activities via social media and 
learn more about its extensive community involvement at clearfacts.ca and 
commitment.nationalbank.ca. 
(The telephone numbers provided below are for the exclusive use of  
journalists, other media representatives and shareholders.): 
Claude Breton Senior Director, Public Affairs National Bank Tel.: 514-394-8644 
Hélène Baril Senior Director, Investor Relations National Bank Tel.: 
514-394-0296 
SOURCE: National Bank of Canada 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/December2012/06/c6642.html 
CO: National Bank of Canada
ST: Quebec
NI: FIN 2523  
-0- Dec/06/2012 12:20 GMT
 
 
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