RNS No 1611w
BANK OF NOVA SCOTIA
27 AUGUST 1997


BANK OF NOVA SCOTIA
USD 300 MILLION FLOATING RATE
SUBORDINATED CAPITAL DEBENTURES DUE 2085
.
IN ACCORDANCE WITH THE PROVISIONS OF THE NOTES WE CONFIRM DETAILS
FOR THE NEW INTEREST PERIOD FOR THE ABOVE FRN ISSUE AS FOLLOWS:
.
INTEREST RATE:         6.00 PCT PER ANNUM
.
INTEREST PERIOD:       29 AUGUST 1997 TO 27 FEBRUARY 1998
.
INTEREST AMOUNT DUE
27 FEBRUARY 1998 PER
USD  10,000 NOTE       USD   303.33
USD 100,000 NOTE       USD 3,033.30
.
.
PUBLICATION OF THE INTEREST RATE NOTICE IS TO APPEAR IN THE
FINANCIAL TIMES ON 29 AUGUST 1997.
.
.
MORRIS D'ALOIA, AGENCY SERVICES
CREDIT SUISSE FIRST BOSTON (EUROPE) LTD


END
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