TD Waterhouse Invites Consumers in Grand Rapids, MI to Visit Branch For a Chance to Win a 2001 Ford Mustang Convertible

    GRAND RAPIDS, Mich., May 3 TD Waterhouse Group, Inc.
(NYSE: TWE; TSE), the global online financial services firm, is giving
investors in Grand Rapids, MI, the chance to win a brand new 2001 Ford Mustang
convertible in a sweepstakes promotion beginning today and running through May
30th.
    To enter, consumers must go to the TD Waterhouse branch in Grand Rapids,
MI, by May 30th to fill out an entry form.  For the first five weeks, one
lucky daily winner will be selected at random to win a Garmin Personal
Navigator Global Positioning System unit, and automatically qualify as one of
the five finalists to win the convertible during a special drawing at the TD
Waterhouse branch in Grand Rapids on June 6th.  On that date, finalists will
pick a key at random and the finalist whose key starts the car drives away the
grand prize, a 2001 Ford Mustang.
    Investors in Grand Rapids, MI, who meet with a Customer Relationship
Officer at the participating branch -- located at 165 Monroe Avenue, NW --
through June 8th to learn about TD Waterhouse's investment products and
services will receive a complimentary Rand McNally Atlas.  TD Waterhouse is
offering additional incentives for customers opening a new brokerage account
at the Grand Rapids branch through the end of June.  Subject to applicable
terms and conditions, incentives include:

    * A $100 cash credit for opening a brokerage account with $1,000;
    * 10,000 AOL AAdvantage(R) Miles for opening a brokerage account with
      $10,000;
    * 25,000 AOL AAdvantage(R) Miles for opening a brokerage account with
      $50,000; and
    * 50,000 AOL AAdvantage(R) Miles for opening a brokerage account with
      $100,000.

    "Investors like to be able to reach out and touch their money and this
promotion underscores our presence in the community, as well as the full range
of services available on our website," said Michael J. Curcio, Executive Vice
President, Customer Relationship Management, TD Waterhouse Group, Inc.
"Leveraging our branch network for a promotion of this magnitude is a
tremendous opportunity for TD Waterhouse to reach investors in Grand Rapids,
MI, an important market for us.  Our branch network allows us to build
valuable relationships with investors in local communities."
    Consumers can learn more about this promotion through both radio and print
advertising in the area.  TD Waterhouse will support this promotion through an
extensive radio schedule with more than 900 spots on stations WBCT-FM and
WOOD-AM in Grand Rapids, MI.  Personalities from these stations will also
appear live at the TD Waterhouse branch in Grand Rapids a total of three times
throughout the promotion.  Each day listeners will be asked to call-in to
these stations to play various TD Waterhouse-sponsored games, such as guessing
the daily close of the Nasdaq in the "Nasdaq Paybaq" contest, with prizes
including AOL AAdvantage(R) Miles.  Half-page print advertisements for this
promotion will appear in the Grand Rapids Press.
    On designated days, promotion agents representing TD Waterhouse will also
be positioned at high traffic areas surrounding the branch to distribute
flyers with details on the promotion and the accompanying sweepstakes.
    No transaction or account necessary to enter.  Void where prohibited.
Open to U.S. residents 21 years of age or older.  For a complete set of rules,
visit one of the above branches or send a stamped self-addressed envelope to
TD Waterhouse Rules Request, P.O. Box 8830, Westport, CT.  One request per
envelope.

    TD Waterhouse Group, Inc., (NYSE: TWE; TSE), provides investors and
financial advisors with a broad range of brokerage, mutual fund, banking and
other consumer financial products on an integrated basis. In the United
States, TD Waterhouse is the only online discount broker to have a retail
branch in all 50 states. Worldwide, TD Waterhouse currently services
4.5 million customer accounts in the United States, Canada, the United
Kingdom, Australia, and Hong Kong. The firm also services customers in Japan,
India and Luxembourg through joint ventures in those countries. TD Waterhouse
can be found on the Internet at http://www.tdwaterhouse.com and on America
Online at Keyword: TD Waterhouse. In the U.S., brokerage services provided by
TD Waterhouse Investor Services, Inc. (Member NYSE/SIPC).

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