RBC Completes Sale and Issue in Canada of $1.5B of Series 14 Medium-Term Notes

On November 1, 2010, Royal Bank of Canada, under its domestic prospectus qualified Canadian MTN program, completed the sale and issue in Canada of $1.5 billion of Series 14 Medium-Term Notes due November 2, 2020. RBC Dominion Securities Inc. acted as lead Dealer for the offering with a syndicate including National Bank Financial Inc., BMO Nesbitt Burns Inc., CIBC World Markets Inc., Scotia Capital Inc., TD Securities Inc., Merrill Lynch Canada Inc., Laurentian Bank Securities Inc. and Desjardins Securities Inc.

Royal Bank of Canada was represented internally by Paul Guthrie, Senior Counsel, of Royal Bank of Canada and by Dawn Whittaker (securities) and Adrienne Oliver (tax) of Ogilvy Renault LLP.

The Dealers were represented by Stikeman Elliott LLP with a team including Mihkel Voore and Paul Rakowski (securities).