Bank of Nova Scotia Jamaica Ltd.(BNSJ) : Trading of Shares by Directors/Senior Managers

Miss Muna Issa has confirmed the following transacation:

Name                    Title                  Date                  Number of                  Price             Transaction  

                                                                                    BNSJ Shares

Muna Issa           Director           August 29,           10,000                      J$19.40           Purchase

                                                       2006

Details in relation to the trade are subject of previous correspondence with the Jamaica Stock Exchange