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News Releases

 

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 bank.

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:

Media contact:
Beja Rodeck, Media Relations, Toronto,
(416) 974-5506 or toll-free 1-888-880-2173,
beja.rodeck@rbc.com

Investor contact:
Amy Cairncross, Investor Relations, Toronto, (416) 955-7809, amy.cairncross@rbc.com


 



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04/14/2008 09:05:46