Press Release

Altamira reports June net sales

Toronto (July 5, 2006) Altamira Investment Services today announced net sales of $350.6 million for the month of June 2006.

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

Altamira June Net Sales

Money-market funds	9.3 million
Long-term funds	-36.7 million
Mutual Fund Net Sales	-27.4 million
Non-Mutual Fund Net Sales	378 million
TOTAL NET SALES	350.6 million
Total ALTAMIRA Assets Under Management (June 30, 2006)	8.5 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. www.altamira.com

Media Contact:
Glenn Cooper
Director of Communications
(416) 507-7044
gcooper@altamira.com