Royal Bank of Canada files preliminary prospectus for issuance
of Tier 1 capital
TORONTO, April 14, 2008 — Royal Bank of Canada
(RY on the TSX and NYSE) today announced that it has filed
a preliminary prospectus with securities commissions across
Canada for the issuance of Innovative Tier 1 capital of the
RBC Capital Trust, a subsidiary of Royal Bank of Canada,
will issue RBC TruCS Series 2008-1. RBC Capital Trust is a
closed-end trust established under the laws of Ontario. RBC
Capital Markets acted as lead agent on the issue.
The capital will be issued for general corporate purposes.
- 30 -
For further information, please contact:
Beja Rodeck, Media Relations, Toronto,
(416) 974-5506 or toll-free 1-888-880-2173,
Amy Cairncross, Investor Relations, Toronto, (416) 955-7809,