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RBC CENTURA APPOINTS BANK VETERAN AS NEW ALABAMA LEADER

James E. Brown, Jr. to lead group; oversee operations across state



RALEIGH, N.C., August 22, 2007 - RBC Centura Bank recently announced the appointment of James "Jim" E. Brown, Jr. as market president overseeing all bank activities in Alabama. In this role, he will be accountable for building and leading a high-performing sales team in retail, business, mortgage and commercial banking across the Alabama market.

"A born leader with more than 34 years of experience in the banking industry, Jim brings experience and a vast knowledge of the bank throughout the Southeast," said Drew Putt, RBC Centura president. "I'm confident that he will continue to execute on RBC Centura's goals in Alabama and support our customers and employees. Jim has spent a significant amount of time in Alabama establishing key relationships, since we entered the state earlier this year."

Since entering the state in March, RBC Centura's Alabama presence has grown to 40 banking centers and more than 360 employees. In September, the bank will open its newest location in Foley on South McKenzie Street, followed by an office at the Riverview Plaza in Mobile.

Brown most recently served as managing director of Public & Institutional Banking at RBC Centura, based in Raleigh, N.C. He also served as the liaison between RBC Centura and RBC Capital Markets for public finance throughout the United States. Brown has held numerous leadership positions during his tenure including economic development officer, executive vice president of Corporate Banking, executive vice president-sales manager, and regional executive. He joined Centura's predecessor, Peoples Bancorporation in January 1978. He is a multi-year winner of RBC Centura's Peak Performers Award, which recognizes excellence. Prior to joining the bank, he worked with First Citizens Bank as a commercial account manager.

A graduate of East Carolina University in Greenville, N.C., Brown received his Bachelor of Science in biology. He completed the Executive Program at the University of North Carolina at Chapel Hill Kenan-Flagler Business School and the National Commercial Lending Graduate School at the University of Oklahoma.

Among a long list of community activities, he is a member and deacon at White Memorial Presbyterian Church. Brown also sits on the boards for the Wake Education Partnership, the Independent College Fund of North Carolina (IFNC), the Lundy-Fetterman School of Business at Campbell University, the Carolina Municipal Advisory Council Inc., the Foundation of the Renewal for Eastern North Carolina and the Triangle Leadership Academy.

Brown will oversee activities for RBC Centura's banking centers throughout Alabama. He will work closely with the existing Alabama leadership team - Scott Stafford, regional president, Retail Banking; Brendan Chambers, regional president, Commercial Markets; Cedric Hatcher, regional president, Business Banking; and James Martin, regional manager, Mortgage - as well as business partners including RBC Dain, RBC Builder Finance, Commercial Real Estate, Public and Institutional Banking and Specialty Lending.

Brown will have offices in both Mobile and Birmingham, giving him easy access to RBC Centura offices across the state. He is a native of Raleigh, N.C. and has been married to his wife Luanne for 32 years. They have one daughter and one grandson.

About RBC Centura Bank

RBC Centura, headquartered in Raleigh, N.C., offers a wide range of financial services and advice, including a complete line of banking, and mortgage services to individuals, businesses and public institutions throughout the Southeast. RBC Centura's multi-faceted customer access network includes more than 340 full-service banking centers, an extensive ATM network, and telephone and Internet banking. In addition, RBC Centura offers builder finance products through its RBC Builder Finance division. According to SNL Financial, RBC Centura is the 45th largest U.S. bank based on assets as of August 2007. RBC Centura Banks Inc. is a wholly-owned subsidiary of Royal Bank of Canada (RBC) (NYSE, TSX: RY), Canada's largest bank as measured by assets.