BSC - <span class="simulate_din_font">BNS Split Corp. II Declares Quarterly Dividends</span> (CAD 0.2003)

Company: Bns Split Corp.Ii
Stock Name: BSC
Amount: CAD 0.2003
Announcement Date: 06/03/2012
Record Date: 13/03/2012

Dividend Detail:

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TORONTO, March 6, 2012 /CNW/ - The Board of Directors of BNS Split Corp.
II (the "Company") has declared today dividends of $0.2003 per
Preferred Share and $0.100 per Capital Share, payable on March 22, 2012
to holders of record at the close of business on March 15, 2012.

Holders of Preferred Shares are entitled to receive quarterly fixed
cumulative distributions equal to $0.2003 per Preferred Share. The
Company's Capital Share dividend policy is to pay a quarterly dividend
on the Capital Shares equal to the dividends received by the Company on
the BNS Shares minus the dividends payable on the Preferred Shares and
all administrative and operating expenses provided the net asset value
per Unit at the time of declaration, after giving effect to the
dividend, would be greater than the original issue price of the
Preferred Shares.

BNS Split Corp. II is a mutual fund corporation created to hold a
portfolio of common shares of The Bank of Nova Scotia. Capital Shares
and Preferred Shares of BNS Split Corp. II are listed for trading on
The Toronto Stock Exchange under the symbols BSC and BSC.PR.B
respectively.

For further information:

Investor Relations
BNS Split Corp. II
(416) 863-7301
E-mail:mc.bnssplit2@scotiabank.com
Web site:www.scotiamanagedcompanies.com