Washington Trust Provides Financing To South Kingstown Chamber of Commerce

August 16, 2007 (Westerly, RI). . . The Washington Trust Company’s Commercial Lending Group, is providing $400,000 in financing to the South Kingstown Chamber of Commerce for the construction of its new headquarters at 230 Old Tower Hill Road in South Kingstown. The construction will include a one-story, 1800 square foot building.

The South Kingstown Chamber of Commerce serves as an official tourist information center and promotes the South Kingstown economy in general, providing a reliable source of community information and business referrals.

“Washington Trust is happy to provide financing to the South Kingstown Chamber of Commerce,” said John C. Warren, chairman and CEO of The Washington Trust Company. “The new headquarters will enable them to better serve numerous businesses, residents, temporary residents and students in the community.”

Washington Trust's Commercial Lending Group offers a full venue of credit and cash management products. For more information, contact Barbara Hart, vice president and commercial lending officer toll-free at 800-475-2265 or 401-348-1448; or Chris Sheehan, vice president and market manager, toll-free at 800-475-2265 or 401-348-1341.

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.