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TD Waterhouse USA Opens New Branch in New York City

Upper West Side Location Chosen to Serve Neighborhood's High Concentration of
  Savvy Investors; Grand Opening Celebration Features Live Drawing for Large
                               Screen Plasma TV

    NEW YORK, March 31 /PRNewswire/ -- TD Waterhouse USA today announced the
unveiling of its newest branch location in New York City's Upper West Side.
The new branch fills a void for Upper West Siders seeking a convenient TD
Waterhouse location. The company now has a total of five branches in the
borough of Manhattan.
    "We're very excited to expand our presence in the New York City area and
cater to the sophisticated customers of the Upper West Side who now have a
partner in their neighborhood to help them achieve their financial goals,"
said John Bunch, Executive Vice President, Branch Distribution for TD
Waterhouse USA. "We invite Upper West Siders to visit the branch and see why
so many investors are switching to TD Waterhouse."
    Visitors to the new branch can meet with TD Waterhouse's friendly,
professional Investment Consultants for responsive service and useful
guidance. For customers seeking full-service investment advice, TD Waterhouse
provides a free referral through its branches to an independent financial
advisor through its AdvisorDirect program.
    To celebrate the grand opening, customers and prospects visiting the Upper
West Side branch from 5 p.m. to 8 p.m. can enter for a chance to win a 42"
Sony Plasma TV and see the live drawing. Sweepstakes entries will be available
on site and at the 99 Wall Street, Waldorf-Astoria and 1133 Avenue of the
Americas branch locations through 3/30/05.
    The new location is part of TD Waterhouse's expansion into key markets
over the next year. The company plans to open branches in Burlington, MA, San
Diego, CA and Braintree, MA during the first half of 2005.

    The new TD Waterhouse branch is located at:

    Upper West Side, NYC Branch

    2039 Broadway (Corner of 70th Street)
    New York, NY 10023

    About TD Waterhouse
    TD Waterhouse Group, Inc. provides investors and financial advisors with a
broad range of brokerage, mutual fund, banking and other consumer financial
products. Worldwide, TD Waterhouse currently services 3.1 million active
customer accounts. TD Waterhouse is a wholly owned subsidiary of The Toronto-
Dominion Bank (NYSE/TSE: TD) and part of TD Bank Financial Group.
Headquartered in Toronto, Canada, with offices around the world, TD Bank
Financial Group offers a full range of financial products and services to
approximately 13 million customers worldwide.  In the U.S., brokerage services
provided through TD Waterhouse Investor Services, Inc., Member NYSE/SIPC.
Complete sweepstakes rules available at the new branch location.  Account
opening not required for participation.


SOURCE TD Waterhouse USA




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    CONTACT:
    Media: Kevin Dinino of TD Waterhouse USA,
    +1-212-908-7409