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Royal Bank of Canada Announces Election of New Director

TORONTO, March 1, 2012 — Royal Bank of Canada (RY on TSX and NYSE) today announced the election of Richard L. George, O.C. to its board of directors. Mr. George of Calgary, Alberta is Chief Executive Officer and a director of Suncor Energy Inc. He also serves as a director of Canadian Pacific Railway and the Canadian Council of Chief Executives.

Mr. George was appointed President and Chief Executive Officer of Suncor in 1991. Some of his past honours include being named "Outstanding CEO of the Year" and receiving the Canadian Business Leader Award. Mr. George earned a Bachelor of Science degree in engineering from Colorado State University and a law degree from the University of Houston Law School. He is also a graduate of the Harvard Business School Program for Management Development

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