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Press Release

 

RBC BANK APPOINTS NEW MARKET EXECUTIVE

Britton Core to Oversee Southwest Florida

 

RALEIGH, N.C. – May 22, 2008 – RBC Bank recently appointed Britton Core as market executive for
southwest Florida, including Lee and Collier Counties. He will be based in Naples, Fla. In this role, Core will
oversee RBC Bank’s community, commercial and retail/private banking efforts.

“With more than a decade of banking experience, we know that Britton will be a strong leader for our team,”
said Gary Klein, RBC Bank president of Florida. “We recently expanded into this market through the Alabama
National Bancorporation acquisition, and we need talent like Britton to ensure the expansion is a success.”

Core previously served as vice president and senior commercial relationship manager for Wachovia Bank,
overseeing the Palm Beach/South Florida area. During his 11 years with Wachovia, he also worked in business
banking, international banking and public finance.

In his community, he has served as a Junior Achievement consultant, a member of the American Diabetes
Association Leadership Council and a member of Jupiter Medical Center Ambassadors.

Core earned a bachelor’s degree in history and geography at UNC-Chapel Hill and earned a Master of
Business Administration at the University of South Florida. He will live in Naples with his wife, Shani.


About RBC Bank

RBC Bank, 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 Bank’s client access network includes more than 430 full-service banking centers, an
extensive ATM network, and telephone and online banking. In addition, RBC Bank offers builder finance
products through its RBC Builder Finance division. RBC Bank is a wholly-owned subsidiary of Royal Bank of
Canada (RBC) (RY on the TSX and NYSE), Canada's largest bank as measured by assets and market
capitalization. RBC is also one of the world’s financial, social and environmental corporate leaders for the past
eight years as on the Dow Jones Sustainability World Index. Additional information about RBC Bank may be
found at www.rbcbankusa.com.

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For more information:
Jamie Mitchell/RBC Bank
Manager, Media Relations
919-788-5613
jamie.mitchell@rbc.com