Gatineau, QC, June 2, 2006 — TD Bank Financial Group announced today that as part of its annual Customer Appreciation Day, it is partnering with Tree Canada to plant 160,000 trees - 40,000 in the Gatineau area.

"We wanted to thank our customers for their business in a way that would give back to the local community," said Jean Francois Laurin, Branch Manager at TD Canada Trust's 750 Montee Paiement location. "Gatineau is currently undergoing a green renaissance and TD is pleased to be able to help enhance the landscape around this beautiful city."

TD is donating $400,000 to Tree Canada to plant 160,000 trees in select locations throughout the country that have lost large stands of trees to natural disasters or that require reforestation to improve their environment including wildlife habitats. Plantings will also take place in Sudbury, Ontario which is restoring forests adjacent to mining sites; Kelowna, B.C. where many trees have been destroyed by fire; and the Halifax, Nova Scotia area, where many trees have been devastated in recent years by ice storms and hurricanes.

The environmental impact of 160,000 trees is significant. Over their lifetime, these trees will absorb 93,418 tonnes of carbon dioxide and will filter other pollutants, such as carbon monoxide, sulphur dioxide and ozone. Each mature tree will lift nearly 400 litres of water out of the ground and discharge it into the air daily, cooling the air while producing life-giving oxygen. Trees reduce water run-off and erosion, keep streams cleaner, recharge ground water, and provide habitat for wildlife.

"This very large cross-Canada tree planting effort adds to TD's reputation as a corporate environmental leader," said Jeff Monty, President, Tree Canada. "Together with TD, we're striving to "Grow Clean Air," making our communities greener while creating a living legacy for generations to come."

In addition to the donation of trees, TD Canada Trust and TD Waterhouse are holding local Customer Appreciation Day celebrations in branches across Canada today.

About TD Bank Financial Group
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Financial Group. TD Bank Financial Group serves more than 14 million customers in four key businesses operating in a number of locations in key financial centres around the globe: Canadian Personal and Commercial Banking including TD Canada Trust; Wealth Management including TD Waterhouse and an investment in TD Ameritrade; Wholesale Banking, including TD Securities; and U.S. Personal and Commercial Banking through TD Banknorth. TD Bank Financial Group also ranks among the world's leading on-line financial services firms, with more than 4.5 million on-line customers. TD Bank Financial Group had CDN$388.6 billion in assets, as of April 30, 2006. The Toronto-Dominion Bank trades on the Toronto and New York Stock Exchanges under the symbol "TD".

TD Bank Financial Group and our communities
TD Bank Financial Group's Community Relations program supports education, health and the environment, with a focus on children and youth. TD Bank Financial Group sponsors four flagship programs - TD Canadian Children's Book Week, TD Canada Trust Scholarships for Community Leadership, the Children's Miracle Network and TD Friends of the Environment Foundation - as well as a host of national, regional and local children's programs across Canada.

About Tree Canada
Tree Canada is a not-for-profit charitable organization established to encourage Canadians to plant and care for trees in urban and rural environments. To date it has engaged Canada's top companies, public agencies, individuals and volunteers to support the planting and maintenance of over 75 million trees and the regreening of over 300 schoolyards. In addition, Tree Canada has helped organize six national urban forest conferences and has certified over 25 events, 4 companies and now 1 organization as being "carbon neutral" through the planting of trees.

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