Washington Trust Provides Financing To Providence Bay Fish Company

July 27, 2007 (Westerly, RI). . . The Washington Trust Company’s Commercial Lending Group provided $1.3 million in working capital lines of credit to Providence Bay Fish Company of Wakefield, R.I. The lines were approved in conjunction with U.S. Small Business Administration guarantee programs.

Established in 1992 and privately owned, Providence Bay Fish Company is in the industry of importing and exporting frozen fish products.

“Washington Trust is pleased to continue its relationship with Providence Bay Fish Company,” said John C. Warren, chairman and CEO of The Washington Trust Company.

Washington Trust's Commercial Lending Group offers a full venue of credit and cash management products. For more information, contact John Kennedy, vice president, Commercial Lending Group, at 401-348-1680.

The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $2.4 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the largest independent bank and the oldest community bank in the nation, headquartered in Rhode Island. A state-chartered bank, Washington Trust offers a full range of financial services, including business banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, southeastern Connecticut and Massachusetts. The Corporation’s common stock trades on The NASDAQ Stock Market under the symbol WASH. Web site address: www.washtrust.com.