TORONTO, May 29 /CNW/ - TD Canada Trust has changed its mortgage rates,
effective May 30, 2007. The changes are as follows:

    Fixed Rates                              To:      Change:
    -----------
    6-month convertible                     6.50       +0.10
    1-year open                             9.00       +0.10
    1-year closed                           6.95       +0.10
    2-year closed                           7.15       +0.20
    3-year closed                           7.20       +0.25
    4-year closed                           7.20       +0.30
    5-year closed                           7.14       +0.30
    6-year closed                           7.25       +0.20
    7-year closed                           7.35       +0.20
    10-year closed                          7.70       +0.20

    Special Offers
    --------------
    Closed Variable Interest Rate Mortgage  5.50%         NC
    Five year Fixed Rate (Closed)           6.08%      +0.30

For further information: Joan Dal Bianco, V.P., Real Estate Secured
Lending, TD Canada Trust, (416) 307-9273