Press Release

Altamira High-Interest CashPerformer^TM Interest Rate increases to 4%

TORONTO (July 11, 2007) Altamira Investment Services has announced today that, for the second time in a few short weeks, the interest rate of the Altamira High Interest CashPerformer^TM has been increased. Effective today, the rate is 4%*.

In addition to the attractive interest rate, Altamira High-Interest CashPerformer^TM offers many benefits:

• Free-of-charge: Altamira does not deduct any account or service charges. Moreover, interest is calculated daily and paid monthly.
• Flexible: No minimum investment. Altamira High Interest CashPerformerTM is also eligible for registered plans.
• Liquid: You can take out your money at any time—it is never locked-in.
• Security: Altamira High Interest CashPerformer^TM deposits are eligible for CDIC deposit insurance. †

The Altamira $U.S. High-Interest CashPerformer^TM constitutes an attractive investment solution for clients with $U.S. savings. Following our recent rate increase to 4.75 %,* it is one the most competitive $U.S accounts in the market. Clients can deposit US dollars in this account without worrying about exchange rate fluctuations.

About Altamira
Altamira is a leading investment provider, offering a wide selection of mutual funds, savings products and managed portfolios. Altamira’s portfolio management is characterized by outstanding customer service, innovative products and sound investment advice. The company is headquartered in Toronto with offices across Canada, and is a subsidiary of National Bank of Canada. www.altamira.com

Media contact:
Crystal Jongeward
Public Relations Specialist
(416) 507-7252
cjongeward@altamira.com

*Rates as of July 11, 2007. When your client invests in High-Interest CashPerformer or in $U.S. High-Interest CashPerformer, Altamira deposits your client’s money into an account opened for your client at National Bank of Canada.

†National Bank is a member of the Canada Deposit Insurance Corporation. High-Interest CashPerformer accounts are eligible for CDIC insurance, subject to CDIC rules and regulations. However, like other banks, U.S. dollar accounts are not insured, and $U.S. High-Interest CashPerformer is not therefore insured. The interest rate is an annual rate and is subject to change without direct notice. Interest is calculated daily on the balance in the account and paid monthly. Altamira acts as the deposit agent of, and receives a commission from, National Bank. Altamira may share a portion of this commission with other dealers who solicit deposits for High-Interest CashPerformer accounts and $U.S. High-Interest CashPerformer accounts. Altamira shares each investor’s name, address and social insurance number with National Bank to open and administer an account in his/her name. Such information is treated by National Bank in accordance with applicable laws for the protection of personal information.