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RBC Capital Markets appoints Co-Head of Mining & Metals

Sydney, 30 March 2011— RBC Capital Markets, the corporate and investment banking arm of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Rob Sennitt as a Managing Director and Co-Head of Mining & Metals, Australia within its Global Investment Banking platform in Sydney.

Sennitt joins RBC Capital Markets with over 21 years of mining and metals sector experience, most recently serving as Executive Director at Macquarie Capital Advisers. Prior to this, Sennit held the position of Senior Vice President and Head of Natural Resources at JP Morgan.

Commenting on the appointment, Doug Guzman, Global Head of Investment Banking, RBC Capital Markets, said: "Rob brings extensive capital markets experience and client relationships to RBC, adding greater depth to our capabilities in the Australian resource sector, and to our global mining and metals platform."

About RBC Capital Markets
RBC Capital Markets is the corporate and investment banking arm of RBC and is consistently ranked among the top 11 investment banks globally. With over 6,300 employees, RBC Capital Markets is active globally in fixed income, foreign exchange, infrastructure finance, ECM, metals, mining and energy. Working with clients through operations in Asia and Australasia, the UK and Europe and in every major North American city, RBC Capital Markets provides products and services from 75 offices in 15 countries. For more information, please visit www.rbccm.com.

About RBC
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under the master brand name RBC. We are Canada's largest bank as measured by assets and market capitalization, and among the largest banks in the world, based on market capitalization. We are one of North America's leading diversified financial services companies, and provide personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis. We employ approximately 79,000 full- and part-time employees who serve close to 18 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 50 other countries. For more information, please visit rbc.com.

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