TORONTO, July 19 /CNW/ - TD Bank Financial Group announced today that it
expects TD Ameritrade's third quarter earnings to translate into a
contribution of CDN$59 million to third quarter net income for its Wealth
Management segment.
    TD Bank Financial Group will release its third quarter financial results
and webcast its quarterly earnings conference call live on the internet on
Thursday August 23, 2007. Conference call and webcast details will be
announced closer to the date.

    About TD Bank Financial Group

    The Toronto-Dominion Bank and its subsidiaries are collectively known as
TD Bank Financial Group. TD Bank Financial Group serves more than 14 million
customers in four key businesses operating in a number of locations in key
financial centres around the globe: Canadian Personal and Commercial Banking,
including TD Canada Trust; Wealth Management, including TD Waterhouse and an
investment in TD Ameritrade; U.S. Personal and Commercial Banking through TD
Banknorth; and Wholesale Banking, including TD Securities. TD Bank Financial
Group also ranks among the world's leading on-line financial services firms,
with more than 4.5 million on-line customers. The Bank had $397 billion in
assets as of April 30, 2007. The Toronto-Dominion Bank trades on the Toronto
and New York Stock Exchanges under the symbol "TD", as well as on the Tokyo
Stock Exchange.

For further information: Neil Parmenter, Corporate Communications, (416)
982-4285; Tim Thompson, Investor Relations, (416) 982-6346