RBC To Offer New Principal Protected Nikkei-Linked Notes

RBC Financial Group announced that it has filed Preliminary Pricing Supplement No. 4, which relates to its Principal Protected Notes due February 27, 2009. RBC Capital Markets is the underwriter of the offering. The Nikkei Linked Notes, which will be

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RBC Financial Group announced that it has filed Preliminary Pricing Supplement No. 4, which relates to its Principal Protected Notes due February 27, 2009. RBC Capital Markets is the underwriter of the offering.

The Nikkei-Linked Notes, which will be issued under Royal Bank of Canada’s Senior Global Medium-Term Notes Series B Program, are principal protected and provide a return based on the arithmetic average price of the Nikkei 225 Index(x) on each of the following annual observation dates: February 26, 2007, February 25, 2008 and February 24, 2009. The Nikkei Linked Notes will not have a coupon.

RBC expects to price the Nikkei-Linked Notes on February 23, 2006.

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