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TD Waterhouse USA Opens New Branch in Burlington, Massachussetts

Burlington Location Chosen to Serve Growing Number of Customers & Prospects in
 Suburban Boston; Grand Opening Celebration Features Live Drawings for Large
                Screen Plasma TV, Yankees/Red Sox Game Tickets

    NEW YORK, April 7 /PRNewswire/ -- TD Waterhouse USA today announced the
unveiling of its newest branch location in Burlington, MA. The new branch now
offers suburban Bostonians a convenient TD Waterhouse location. The company
now has a total of three branches in the greater Boston area.
    "We're very excited to expand our presence in the Boston area and look
forward to helping the residents of Burlington make confident investment
decisions," said John Bunch, Executive Vice President, Branch Distribution for
TD Waterhouse USA. "Come visit the new branch and see why investors are
leaving their higher priced brokers and 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
Burlington 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. Visitors to the Burlington branch
grand opening celebration also have a chance to meet NESN play-by-play
announcers Joe and Jerry, tour Fenway Park and win two tickets to the sold out
game between the Boston Red Sox and New York Yankees on April 14th and see the
live drawing. Sweepstakes entries for the plasma TV will be available on site
and at the 121 Congress Street and 1200 Bolyston Street locations through
4/6/05.
    The new location is part of TD Waterhouse's continued expansion into key
markets over the next year. The company plans to open branches in San Diego,
CA and Braintree, MA in 2005.

    The new TD Waterhouse branch is located at:

    Burlington, MA Branch

    50 Mall Road; Suite 113
    Burlington, MA 01803

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