Press Release

Altamira reports March net sales

Toronto (Apr 4, 2006) Altamira Investment Services today announced net sales of $332 million for the month of March 2006.

Please refer to the following chart for a breakdown of Altamira's net sales for the month of March 2006 and current assets under management.

Altamira March Net Sales
Mutual Funds
Money-market funds	-10.9 $million
Long-term funds	-18.1 $million
Mutual Funds Net Sales	-29 $million
Non-Mutual Fund Net Sales	361 $million
TOTAL NET SALES	332 $million

Total ALTAMIRA Assets Under Management
as at March 31, 2006	7.8 $billion

Altamira Investment Services is a leading provider of financial and retirement planning services. We offer a wide range of investment solutions including mutual funds, savings accounts, principal-protected notes and managed portfolio 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