New Issue: RBC changes fees for $485,000 buffered bullish booster notes tied to Russell 2000

By Angela McDaniels

Tacoma, Wash., Nov. 29 - Royal Bank of Canada changed the underwriting discount for its $485,000 of 0% buffered bullish booster notes due Dec. 2, 2013 linked to the Russell 2000 index to 2.25% from 2.45%, according to a 424B2 filing with the Securities and Exchange Commission.

The agent, RBC Capital Markets, LLC, used the discount to allow selling concessions to other dealers of up to 2.25%.

As previously reported, if the index return is positive, the payout at maturity will be par plus the greater of the index return and 12%, subject to a maximum return of 35%.

Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% that it declines beyond 10%.

Issuer:	Royal Bank of Canada
Issue:	Buffered bullish booster notes
Underlying index:	Russell 2000
Amount:	$485,000
Maturity:	Dec. 2, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus greater of index return and 12%, subject to maximum return of 35%; par if index falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index level:	674.34
Pricing date:	Nov. 23
Settlement date:	Nov. 30
Agent:	RBC Capital Markets, LLC
Fees:	2.25%
Cusip:	78008TXJ8

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