Washington Trust Provides Financing To Advanced Engineering Group, P.C.

August 3, 2007 (Westerly, RI). . . The Washington Trust Company’s Commercial Lending Group provided a $500,000 commercial line of credit to Advanced Engineering Group, P.C. of North Kingstown. The loan will provide temporary working capital for this newly created Sub S Corporation.

Advanced Engineering Group, P.C. is owned by Marc Chretien, Scott Adams and Cory Sullivan and provides engineering, design and drafting services primarily to the wireless industry.

“Washington Trust wishes much success to Advanced Engineering Group, P.C.,” said John C. Warren, chairman and CEO of The Washington Trust Company. “We are happy to provide financing for their new corporation.”

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.