TD Asset Management Inc. (“TDAM”), the Trustee of the TD Exchanged-Traded Funds (“Funds”), today announced plans to terminate and liquidate the Funds on or about March 13, 2006.

The following Funds trading on the Toronto Stock Exchange (“TSX”) will be impacted:

TD S&P/TSX Composite Index Fund (TSX: TTF)
TD S&P/TSX Capped Composite Index Fund (TSX: TCF)
TD Select Canadian Growth Index Fund (TSX: TAG)
TD Select Canadian Value Index Fund (TSX: TAV)

Effective December 13, 2005, subscription orders for new units of the Funds will no longer be accepted. Redemption orders for baskets of shares and for cash will be processed until termination date, on or about March 13, 2006. The outstanding units of the Funds will continue to be listed and posted for trading on the TSX. Units may be purchased or sold on the TSX in the ordinary course of business until the close of market on the termination date, either through registered brokers or participating dealers.

The decision to terminate the Funds is based on a lack of investor interest in the Funds and low trading volumes since their creation.

A formal notice will be sent to the unitholders that outlines the intent to terminate the Funds.

TDAM, a member of TD Bank Financial Group and part of TD's Wealth Management group of companies, is one of Canada's largest asset managers. As of November 30, 2005, TDAM managed approximately CDN$43 billion in retail mutual fund assets on behalf of more than 1.3 million investors. In total, TDAM and its affiliates manage approximately CDN$130 billion for mutual funds, pension funds, corporations, institutions, endowments, foundations and high net worth individuals.

For more information please contact:

Kelly Hechler
Media Relations
TD Bank Financial Group
416-982-2469
kelly.hechler@td.com