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Non-Tech : TD Waterhouse Group (TWE) -- Ignore unavailable to you. Want to Upgrade?

To: VincentTH who wrote (278)	6/22/1999 6:30:00 PM
From: The Barracuda™	Respond to of 1413

I'm still at zero too. I hope we'er not shut out

To: VincentTH who wrote (278)	6/22/1999 6:31:00 PM
From: Garry O'krafka	Respond to of 1413

Td Email TD Bank Financial Group announces commencement of initial public offering of TD Waterhouse Group, Inc. TORONTO, June 22 /CNW/ - TD Bank Financial Group (TSE/NYSE: TD) announced today that its initial public offering of 42 million shares of common stock of its global discount brokerage, TD Waterhouse Group, Inc. has been priced at US$24.00/CDN$35.28. The underwriters will have a 30-day option to purchase up to 5.25 million additional common shares at the offering price to cover over-allotments. If the over-allotment option is exercised, the public would own 12.4% of TD Waterhouse Group and TD Bank Financial Group would own the remaining 87.6%. Of the 42 million share offering, 27.3 million shares are being offered in the United States, 10.5 million shares will be offered in Canada, subject to final regulatory approvals, and 4.2 million shares are being offered outside the United States and Canada. The shares will begin trading on the New York Stock Exchange and the Toronto Stock Exchange under the ticker ''TWE'' on June 23, 1999. The joint global coordinators for the offering are Credit Suisse First Boston and TD Securities Inc. TD Waterhouse is the world's second largest discount brokerage. The global business includes more than 2.6 million client accounts and over US$106 billion in assets under administration. This announcement is neither an offer to sell nor a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The offering is made solely by means of the prospectus, a copy of which can be obtained from the underwriters. -0- 06/22/1999 For further information: for media, please contact: Kym Robertson, Media Relations, TD Bank Financial Group, (416) 308-2363 -------------------------------------------------------------------------- Release sent courtesy of Canada NewsWire Portfolio Email. To update your email portfolio, point your web browser here: portfolio.newswire.ca Please address any questions about your portfolio to cnw@newswire.ca Visit newswire.ca to view CNW's unique, new Canadian Earnings information centre - the place to find comprehensive, up-to-date, earnings information and history for Canadian public companies. Tap the power of our website to access the most recent and complete earnings information available in Canada. Or get more company information by planning to attend one of the growing number of online earnings conference calls by visiting our site to learn the time, date and url for the call. --------------------------------------------------------------------------