April 4 (Reuters) - Laurentian Bank of Canada ( LRCDF ):

* LAURENTIAN BANK SECURITIES ANNOUNCES THE SALE OF ASSETS

UNDER

ADMINISTRATION OF ITS RETAIL FULL-SERVICE INVESTMENT BROKER

DIVISION

* LAURENTIAN BANK OF CANADA ( LRCDF ) - TRANSACTION INCLUDES TRANSFER

OF

ABOUT $2 BILLION IN ASSETS UNDER ADMINISTRATION FROM LAURENTIAN

BANK SECURITIES TO IAPW

* LAURENTIAN BANK OF CANADA ( LRCDF ) - NET PROCEEDS FROM TRANSACTION

ARE

NOT EXPECTED TO BE MATERIAL TO BANK

* LAURENTIAN BANK OF CANADA ( LRCDF ) - NET PROCEEDS FROM TRANSACTION

ARE

NOT EXPECTED TO BE MATERIAL TO BANK

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