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For Immediate Release
December 16, 2007

Contact:
Julie McQuillan, TD Banknorth
(207) 828-7558
E-mail: Julie.McQuillan@TDBanknorth.com

Web Site: http://www.tdbank.com/

TD Banknorth Donates $15,000 to Home Counselors Inc. of Rockland

"Housing for Everyone" program supports creation and preservation of transitional housing and homeless shelter units

PORTLAND, Maine — The TD Banknorth Charitable Foundation and TD Banknorth Inc. has announced the donation of $15,000 to Home Counselors Inc. as part of the bank's "Housing for Everyone" grant competition, which supports affordable housing initiatives in communities where TD Banknorth does business.

“The Board of Directors of Home Counselors Inc. was thrilled to receive news of the donation by the TD Banknorth Charitable Foundation,” said Paul LeCompte, Executive Director of HCI. “HCI is honored by the Foundation’s trust and investment in the critical services HCI provides for emergency housing to homeless youth. Our heartfelt thanks are extended to TD Banknorth for its profound support and presence in the mid-coast community.”
Home Counselors Inc. (www.HomeCounselorsInc.org) is a non-profit organization designed to provide an array of child centered, family focused services to young people and their families. The Housing for Everyone grant will support a new location for the Breakwater Homeless Youth Shelter in Rockland. The facility provides emergency overnight accommodation and daytime educational and recreational activities to male and female youth ages 10-17 who are out of their home and seeking a safe place to stay.

"TD Banknorth is proud to support Home Counselors and many others that work tirelessly to increase the availability of affordable housing in our communities," said Larry Wold, President, TD Banknorth in Maine.

In the second year of its successful Housing for Everyone grant competition, TD Banknorth focused on transitional housing and homeless shelter space programs. TD Banknorth's total donation of $1 million will support the creation and preservation of nearly 1,000 affordable housing units across Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Vermont.

Last year, TD Banknorth made 51 Housing for Everyone awards totaling $762,000, with $50,000 supporting programs in Maine.

In selecting grant recipients for the 2007 program, TD Banknorth reviewed applications from qualified organizations with tax-exempt 501(c)(3) status based in communities where TD Banknorth does business. Grant competition proposals were required to demonstrate a measurable increase in the availability or rehabilitation of transitional housing or homeless shelter space.

For more information on TD Banknorth in the community, visit www.TDBanknorth.com, click on “About Us,” then “Our Community.”

About the TD Banknorth Charitable Foundation
The TD Banknorth Charitable Foundation is the charitable giving arm of TD Banknorth Inc., a leading banking and financial services company headquartered in Portland, Maine. The Foundation’s mission is to serve the individuals, families and businesses in all the communities where TD Banknorth operates, having made over $22 million in charitable donations since its inception in 2002. The efforts of the Foundation are coordinated locally through TD Banknorth’s community development department and are focused on the areas of economic empowerment, youth development and community support. More information on the TD Banknorth Charitable Foundation including an online grant application is available at www.TDBanknorth.com.

About TD Banknorth Inc.
TD Banknorth Inc. is a leading banking and financial services company headquartered in Portland, Maine and a wholly-owned subsidiary of TD Bank Financial Group headquartered in Toronto, Canada. TD Banknorth is one of the 25 largest commercial banking organizations in the United States, with over $40 billion in assets. TD Banknorth's banking subsidiary, TD Banknorth, N.A., operates banking divisions in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania and Vermont. TD Banknorth and TD Banknorth, N.A. also operate subsidiaries and divisions in insurance, wealth management, merchant services, mortgage banking, government banking, private label credit cards, insurance premium financing and other financial services and offers investment products in association with PrimeVest Financial Services, Inc. For more information, visit www.TDBanknorth.com.

Photo cutline info: From left, Howard Leach, VP, TD Banknorth; Sydne Matus, Teen Shelter Coordinatorr; Kyle Reniche, Homeless Teen Project Coordinator; Brenda Batty, VP, TD Banknorth; Dr. Jaap Vrolijk, President of the Board at HCI; and Joan Bullock, Secretary of the Board.

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