Press Release

DBRS Releases Report on TD Banknorth Inc.

Banking Organizations
July 11, 2008

DBRS has today released a report on TD Banknorth Inc. (TD Banknorth) that supports the recent ratings confirmation, including TD Banknorth’s Issuer & Senior Debt rating of AA (low). The trend for is Stable.

Today’s report and the July 9, 2008, press release are available at www.dbrs.com