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RBC donates $100,000 to assist Pakistan flood victims

Branches accepting public donations to Canadian Red Cross

TORONTO, August 23, 2010—  RBC Foundation today announced it is donating $100,000 to the Red Cross to support water purification and sanitation requirements as well as emergency relief efforts for communities affected by the floods in Pakistan. It is also accepting donations from the general public at all of its branches across Canada.

"The scale of this disaster is enormous and its impact has been devastating to millions of people and their communities," said Gordon M. Nixon, president and CEO, RBC. "On behalf of our clients and employees, we are supporting the relief efforts with a donation and by making our branches available to help raise funds from the public."

Anyone who wants to contribute to the Canadian Red Cross can do so by visiting any RBC branch in Canada. The Canadian government announced that it will match dollar-for-dollar money donated to registered Canadian charities between August 2 and September 12 to the flood relief. Funds raised will be used to provide relief items such as food, clean water, shelter materials, blankets and clothing on an urgent basis where the need is the greatest.

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For more information contact:
Jackie Braden, 416-974-1724, jackie.braden@rbc.com