Press Release

Altamira Reports September Net Sales

TORONTO (October 4, 2005) Altamira Investment Services today announced net sales of $323.6 million for the month of September 2005.

Please refer to the following chart for a breakdown of Altamira's net sales for the month of September 2005 and current assets under management.

Altamira September Net Sales

MUTUAL FUNDS
Money-market (short-term) funds	$6.0 million
Long-term funds	-$24.8 million
MUTUAL FUNDS NET SALES	-$18.8 million

OTHER INVESTMENT SOLUTIONS
Altamira High-Interest CashPerformer	$342.1 million
Other non-mutual fund products (GICs)	$0.3 million
NON-MUTUAL FUNDS NET SALES	$342.4 million

TOTAL NET SALES	$323.6 million

ALTAMIRA ASSETS UNDER MANAGEMENT (September 30, 2005) Mutual Funds Other Investment Solutions:	$3.8 billion
Altamira High-Interest CashPerformer	$2.2 billion
GICs	$37.7 million
TOTAL ASSETS UNDER MANAGEMENT	$6.0 billion

Altamira is a leading investment services company, offering a wide range of mutual funds, savings products, managed portfolios and financial planning services. Award-winning client service, product innovation and expert advice define Altamira's distinctive approach to investment management. The company is headquartered in Toronto with offices across the country, and is a subsidiary of the National Bank of Canada.

Media Contact:
Glenn Cooper
Director of Communications
416.507.7044
gcooper@altamira.com