The following issue is being redeemed via the
company's call option:
Issuer: Royal Bank of Canada (RY)
Coupon: Step-Coupon
Maturity: April 7, 2014
Redemption Amount: C$5 million
Redemption Price: 100 percent
Amount Remaining: Fully Retired
Security ID: 780085XL5
Effective Date: April 7, 2012