National Bank Financial Group Adjusts its Mortgage Rates

MONTREAL, QUEBEC, Jun 10 (MARKET WIRE) --
National Bank Financial Group (TSX: NA) has adjusted its rates for
residential mortgages. The new rates are effective as of June 11, 2009.

TERM CURRENT RATE NEW RATE CHANGE
(%) (%)
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FIXED-RATE OPEN TERM
6 months open 7.000 7.000 0.000
1 year open 7.250 7.250 0.000

FIXED-RATE CLOSED TERM
3 months closed 3.900 3.750 -0.150
6 months closed 3.900 3.750 -0.150
1 year closed 3.900 3.750 -0.150
2 years closed 4.050 4.050 0.000
3 years closed 4.150 4.650 0.500
4 years closed 4.850 5.150 0.300
5 years closed 5.450 5.850 0.400
7 years closed 6.800 6.800 0.000
10 years closed 6.950 6.900 -0.050

VARIABLE-RATE CLOSED TERM
5 years Variable rate
(discount included) 3.250 3.250 0.000
5 years Saver 3.550 3.400 -0.150
5 years Capped rate 3.250 3.250 0.000

About National Bank of Canada

National Bank of Canada, which is celebrating its 150th anniversary in
2009, is an integrated group which provides comprehensive financial
services to consumers, small and medium-sized enterprises and large
corporations in its core market, while offering specialized services to
its clients elsewhere in the world. The National Bank offers a full array
of banking services, including retail, corporate and investment banking.
It is an active player on international capital markets and, through its
subsidiaries, is involved in securities brokerage, insurance and wealth
management as well as mutual fund and retirement plan management.
National Bank has close to $138 billion in assets and, together with its
subsidiaries, employs 17,343 people. The Bank's securities are listed on
the Toronto Stock Exchange (TSX: NA). For more information, visit the
Bank's website at www.nbc.ca.

The telephone number provided below is for the exclusive use of
journalists and other media representatives.

Contacts:
National Bank Financial Group
Denis Dube
Senior Director, Public Relations
514-394-8644

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