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RALEIGH MAN WINS TRIP TO ACC TOURNAMENT – AND SHOT AT $1 MILLION

RBC Bank Announces “Shoot for Loot” ACC Sweepstakes Winner


RALEIGH, N.C. – March 2, 2009 – RBC Bank recently announced the grand prize winner of its “Shoot for Loot at the ACC Tournament” sweepstakes. Mark Cacchione of Raleigh, N.C., was selected from nearly 5,700 contestants to attend the 2009 ACC Men’s Basketball Tournament at the Georgia Dome in Atlanta, March 12-15.

Cacchione and a friend—who he’s calling his “coach”—will enjoy this year’s ACC Tournament in true VIP style. As the grand prize winner, he will receive two VIP tickets to all tournament sessions, complimentary travel to Atlanta, accommodations, an invitation to the ACC Legends Brunch and an opportunity for special behind-the-scenes access during the tournament. He will also show off his own hoop skills for a chance to win up to $1 million during a half-time shoot-out at the 7 p.m. game on Thursday, March 12. “I am completely overwhelmed and ecstatic about winning this opportunity,” said Cacchione.

“I’m a fan of all the local ACC schools and am so excited that I will get to go to all 11 games.”

“We’re excited to announce the winner of this sweepstakes, which is a fantastic tribute to the deep-rooted love of college basketball here in ACC country,” said Scott Custer, RBC Bank chairman and CEO. “This is the third year we have sent lucky fans to the tournament and we hope Mark enjoys this experience.”

About RBC Bank
RBC Bank, headquartered in Raleigh, N.C., offers a wide range of financial services and advice to individuals, businesses and public institutions throughout the Southeast. RBC Bank’s network includes more than 430 full-service banking centers, an extensive ATM network and telephone and online banking. RBC Bank is the 40th largest U.S. bank by consolidated assets, according to the Federal Reserve Statistical Release June 30, 2008. RBC Bank is a wholly-owned subsidiary of Royal Bank of Canada (RBC) (RY on the TSX and NYSE), Canada's largest and most stable bank as measured by assets and market capitalization. Global Finance Magazine named RBC the best bank in Canada in October 2008, and the safest bank in Canada for 10 consecutive years, from 1999-2008. 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:
Dorsey Landis
RBC Bank/(919) 788-6272
Dorsey.Landis@rbc.com