TD Asset Management Inc. plans to merge 10 portfolios with their corresponding RRSP portfolios. Effective Aug. 4, 2006, these changes will take place: TD Managed Income Portfolio will merge into TD Managed Income RRSP Portfolio; TD Managed Income & Moderate Growth Portfolio will merge into TD Managed Income & Moderate Growth RRSP Portfolio; TD Managed Balanced Growth Portfolio will merge into TD Managed Balanced Growth RRSP Portfolio; TD Managed Aggressive Growth Portfolio will merge into TD Managed Aggressive Growth RRSP Portfolio; TD Managed Maximum Equity Growth Portfolio will merge into TD Managed Maximum Equity Growth RRSP Portfolio; TD FundSmart Managed Income Portfolio will merge into TD FundSmart Managed Income RRSP Portfolio; TD FundSmart Managed Income & Moderate Growth Portfolio will merge into TD FundSmart Managed Income and Moderate Growth RRSP Portfolio; TD FundSmart Managed Balanced Growth Portfolio will merge into TD FundSmart Managed Balanced Growth RRSP Portfolio; TD FundSmart Managed Aggressive Growth Portfolio will merge into TD FundSmart Managed Aggressive Growth RRSP Portfolio; and TD FundSmart Managed Maximum Equity Growth Portfolio will merge into TD FundSmart Managed Maximum Equity Growth RRSP Portfolio. Investors in the funds to be discontinued will have their units automatically exchanged for units of the corresponding RRSP fund.