TD Waterhouse Invites Consumers in the Washington, DC Metro Area to Visit a Branch for a Chance to Win a 2001 Ford Mustang Convertible

    WASHINGTON, May 3 TD Waterhouse Group, Inc.
(NYSE: TWE; TSE), the global online financial services firm, is giving
investors in the Washington, DC metro area 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 a participating TD Waterhouse branch in the
Washington, DC metro area by May 30th to fill out an entry form.  For the
first four 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 29 finalists to win the convertible during a special drawing
at a TD Waterhouse branch on May 31st in the Washington, DC area.  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 the Washington, DC metro area who meet with a Customer
Relationship Officer at the participating branches (see list below) 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 a
participating 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 the Washington,
DC metro area, an important market for us.  Our branch network allows us to
build valuable relationships with investors in local communities."

    Participating branches include:

    -- 1401 Eye Street, NW in Washington, DC
    -- 11700 Plaza America Drive in Reston, VA
    -- 119 North Washington Street in Alexandria, VA
    -- 4350 North Fairfax Drive in Arlington, VA
    -- 7101 Wisconsin Avenue in Bethesda, MD

    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 WBIG and WJFK in
Washington, DC.  Personalities from these stations will also appear live from
TD Waterhouse branches in the Washington, DC metro area a total of five 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 Washington Post.
    On designated days, promotion agents representing TD Waterhouse will also
be positioned at high traffic areas surrounding the branches 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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