The Bank of Nova Scotia Jamaica Ltd. (BNS) – Capital Distribution

The Board of Directors on February 20, 1997 resolved that a Capital Distribution of twenty cents per stock unit, less Transfer Tax of 7.5% be paid to stockholders on record at the close of business on March 10, 1997, out of profits not forming part of the chargeable income of the company in respect of quarter ended January 31, 1997. Payment date is April 1, 1997.