Dain Rauscher Parent, RBC Financial Group, Donates $1 Million for September 11 Relief Efforts 

Minneapolis-based Dain Rauscher's parent organization, RBC Financial Group, has announced that it will donate $1,000,000 (U.S.) to the September 11th Fund to assist victims of the tragic events in the United States. The donation is being made on behalf of all Dain Rauscher and RBC employees and companies worldwide.

"This is a tribute to the generosity of Royal Bank of Canada and RBC Financial Group," said Irving Weiser, chairman, president and CEO of Dain Rauscher. "We are proud to be part of a caring organization that shares Dain Rauscher's tradition of community leadership."

"None of us can help but be affected by a tragedy of these proportions, whether we live and work in the areas directly affected or not," said Gordon Nixon, president and CEO of RBC Financial Group. "On behalf of all our employees worldwide, I extend our deepest sympathies and regrets to the families and friends of those directly affected by these senseless acts of violence."

RBC has undertaken a number of other activities worldwide in response to the tragedy:

• In Canada, employees, customers and the general public may make donations to the Canadian Red Cross (USA Appeal) at any RBC Royal Bank branch starting September 14, 2001.
• In the U.S., RBC Centura branches in North Carolina, South Carolina and Virginia will be accepting donations to the September 11th Fund and the American Red Cross. In addition, the RBC Dain Rauscher Foundation will match any contributions made by RBC Dain Rauscher employees to the September 11th Fund or other relief efforts.
• Assistance and post-trauma support is available to all employees and their families through the RBC EmployeeCare Program.
• U.S. and Canadian-based RBC employees have been encouraged to contribute to the blood donation efforts.

RBC Financial Group has more than 500 employees in Manhattan. Those located at One Liberty Plaza, not far from the World Trade Centers, were evacuated safely early on Tuesday morning.