TORONTO, Dec. 3 /PRNewswire-FirstCall/ -- TD Bank Financial Group ("TDBFG") today announced that William Ryan, Chairman of the Board, TD Banknorth, has advised of his intention to donate approximately 5,900 common shares of The Toronto-Dominion Bank (the "Bank") that he presently owns to several charitable organizations in the Northeastern United States. This announcement is in keeping with TDBFG's policy requiring all Named Executive Officers in the management proxy circular to pre-disclose by way of news release any intention to trade in the Bank's common shares. About TD Bank Financial Group The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group serves more than 14 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust; Wealth Management, including TD Waterhouse and an investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial Group also ranks among the world's leading on-line financial services firms, with more than 4.5 million on-line customers. TD Bank Financial Group had CDN$422 billion in assets as of October 31, 2007. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol "TD", as well as on the Tokyo Stock Exchange. DATASOURCE: TD Bank Financial Group CONTACT: Simon Townsend, Corporate Communications, (416) 944-7161

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