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BNS CI Performer Deposit Notes (Yield), Series 1

Issuer: The Bank of Nova Scotia
Issue Date: May 24, 2007
Maturity Date: May 24, 2015 – 8 yr term
Principal Payment: 100% Principal repayment if held to maturity
Monthly Coupon: Monthly coupons will be paid in an amount, if any, equal to 75%; 25% of the distributions to be notionally reinvested in the Portfolio
Variable Payment: Linked to the performance of the Portfolio
(See Variable Return Calculation for more details)
Portfolio: Class A Units of the CI Signature Income and Growth Fund managed by the award winning Signature Advisors.

The Fund seeks to provide a steady flow of current income while preserving capital by investing in a diversified portfolio of securities composed mainly of equity, equity-related and fixed income securities of Canadian issuers. The Fund may also invest in foreign securities.
FundSERV Code: SSP 200


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