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3 Year Market Powered GIC
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| S&P/TSX60 Index* |
| Issue Date |
Term |
Starting Index Value |
Avg Index Value** |
Guar. Annual Int. Rate |
Guar. Annual Int. Rate (Monthly Payment) |
Partici- pation Rate |
| Jun. 17, 2008 | 3 | 882.58 | 882.58 |
1.30% |
1.05% |
85.00% |
| May 13, 2008 | 3 | 884.73 | 883.65 |
1.35% |
1.10% |
85.00% |
| Apr. 15, 2008 | 3 | 834.12 | 867.14 |
1.15% |
0.90% |
80.00% |
| Mar. 18, 2008 | 3 | 750.91 | 838.08 |
1.35% |
1.10% |
80.00% |
| Feb. 19, 2008 | 3 | 792.55 | 828.97 |
1.00% |
0.00% |
100.00% |
| Jan. 15, 2008 | 3 | 747.11 | 815.33 |
1.30% |
0.00% |
100.00% |
| Dec. 18, 2007 | 3 | 784.30 | 810.90 |
1.05% |
0.00% |
100.00% |
| Nov. 13, 2007 | 3 | 784.66 | 807.62 |
1.50% |
0.00% |
100.00% |
*"Standard & Poor's" and "S&P" are trademarks of The McGraw-Hill Companies Inc. "TSX" is the trademark of the Toronto Stock Exchange. These marks have been licensed for use by The Bank of Nova Scotia and its subsidiary companies. Market Powered GICs are not sponsored, endorsed, sold or promoted by Standard & Poor's or The Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in these products.
**The average value of the S&P/TSX 60 Index relative to its opening value will determine the additional return, if any, that will be paid at maturity. The amount of additional return will also be restricted by the participation rate.
| Scotia Market Powered Index™* |
| Issue Date |
Term |
Starting Index Value |
Avg Index Value** |
Guar. Annual Int. Rate |
Partici- pation Rate |
| Oct. 16, 2007 | 3 | 100.00 | 90.95 | 2.40% | 55.00% |
| Sep. 18, 2007 | 3 | 100.00 | 92.62 | 2.45% | 55.00% |
| Aug. 14, 2007 | 3 | 100.00 | 97.64 | 2.55% | 55.00% |
| Jul. 17, 2007 | 3 | 100.00 | 89.54 | 2.50% | 55.00% |
| Jun. 19, 2007 | 3 | 100.00 | 92.96 | 2.05% | 55.00% |
| May 15, 2007 | 3 | 100.00 | 89.89 | 1.90% | 55.00% |
| Apr. 17, 2007 | 3 | 100.00 | 93.30 | 1.70% | 55.00% |
| Mar. 13, 2007 | 3 | 100.00 | 96.90 | 1.85% | 55.00% |
| Feb. 13, 2007 | 3 | 100.00 | 96.10 | 1.75% | 55.00% |
* A separate and unique Scotia Market Powered Index with the starting index set at 100, is calculated for each issue of the Scotia Market Powered GIC.
** The average value of the Scotia Market Powered Index relative to its opening value will determine the additional interest, if any, that will be paid at maturity. The amount of additional interest will also be restricted by the participation rate. The average value of the Scotia Market Powered Index is calculated in accordance with the terms and conditions of the Market Powered GIC.
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