Laurentian Bank changes its mortgage rates

MONTREAL, Sept. 27 /Laurentian Bank has changed its
mortgage rates. The changes are as follows:

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TERM RATE VARIATION

6 month open: from 8.200 % to 8.200 % 0.000 %
6 month close: from 6.300 % to 6.300 % 0.000 %
6 month convertible: from 6.400 % to 6.400 % 0.000 %
1 year open: from 8.550 % to 8.550 % 0.000 %
1 year close: from 6.400 % to 6.400 % 0.000 %
18 month close: from 6.400 % to 6.400 % 0.000 %
2 year: from 6.400 % to 6.400 % 0.000 %
3 year: from 6.500 % to 6.500 % 0.000 %
4 year: from 6.600 % to 6.500 % - 0.100 %
5 year: from 6.700 % to 6.600 % - 0.100 %
6 year: from 6.850 % to 6.750 % - 0.100 %
7 year: from 7.250 % to 7.150 % - 0.100 %
8 year: from 7.350 % to 7.250 % - 0.100 %
9 year: from 7.350 % to 7.250 % - 0.100 %
10 year: from 7.500 % to 7.400 % - 0.100 %


Special Offers
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3 years from 5.640 % to 5.640 % 0.000 %
5 years from 5.690 % to 5.590 % - 0.100 %
7 years from 5.890 % to 5.790 % - 0.100 %

These new mortgage rates will be effective as of September 28, 2006.
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For further information: Gladys Caron, Vice President, Public Affairs
and Communications, Laurentian Bank of Canada, Office: (514) 284-4500,
extension 7511, Cellular : (514) 893-3963, gladys.caron@banquelaurentienne.ca