RBC DAIN RAUSCHER NAMES NEW BRANCH DIRECTORS IN HOUSTON CENTER AND EUGENE

HOUSTON CENTER, Texas (Feb. 12, 2008) - RBC Dain Rauscher, one of the nation's largest full-service securities firms, has named new branch directors in Houston Center and Eugene, according to Darryl Traweek, South regional director.

Lonn Ensing, an industry veteran of more than ten years, will be moving into the role of branch director in Houston Center. Ensing, who joined the firm three years ago, was previously branch director of RBC Dain Rauscher's Eugene branch. He began his career in the financial services industry at Robert W. Baird in Grand Rapids, MI.

In addition, Jane Hoselton has been named as the new branch director in Eugene, where she has been working as a financial consultant for the past two years. Prior to joining the firm, Hoselton worked at Ragen MacKenzie, a regional firm which was acquired by Wells Fargo, as a vice president, branch manager. Originally she helped to open the Dain Bosworth office in Eugene in 1982.

"We are confident that Lonn will take the Houston Center branch to new levels of success through his recruitment efforts, as well as by continuing to best serve the needs of our clients," said Traweek. "We are also excited to have Jane take over the Eugene branch, where her leadership ability and history of exceptional client service will help to grow the branch and serve the community."

About RBC Dain Rauscher
RBC Dain Rauscher Inc., a wholly owned subsidiary of Royal Bank of Canada (RY: TSX, NYSE), is one of the nation's largest full-service securities firms. The company serves individual investors and businesses through offices coast-to-coast, and capital markets and correspondent clients in select U.S. and international markets. Founded in 1909, RBC Dain Rauscher is a member of the Financial Industry Regulatory Authority and other several major securities exchanges, as well as the Securities Investor Protection Corp. RBC Dain Rauscher is part of RBC's Wealth Management segment, which directly serves affluent and high net worth clients in Canada, the United States, Europe, Latin America and Asia, provides asset management and trust services through RBC and third-party distributors and has approximately $500 billion of assets under administration, 3,500 financial advisors and more than $130 billion of assets under management.