Washington Trust Provides Financing To Great Brook Partner, LLC

September 5, 2007 (Westerly, RI). . . The Washington Trust Company’s Commercial Real Estate Group is providing $3.7 million in financing to Great Brook Partner, LLC for the acquisition of 125 acres of land, road development and infrastructure development for a 51 lot residential subdivision to be know as Great Brook located off Gales Ferry Road and Daboll Road in Groton, Conn.

Great Brook Partner, LLC’s members include Thomas Santilli, Peter Santilli and Douglas DeSimone, and was created for the sole purpose of developing the 51 lot residential subdivision.

“Washington Trust is happy to provide financing for the Great Brook project, which will bring affordable housing to a great location in Groton,” said John C. Warren, chairman and CEO of The Washington Trust Company.

Washington Trust's Commercial Real Estate Group provides commercial real estate mortgages for construction of, refinancing of, or purchasing investment real estate projects. Financing ranges in size from several hundred thousand dollars up to multi-million dollar projects. For more information, contact Catherine R. Fusco, vice president, Commercial Real Estate Group, toll-free at 800-475-2265 or 401-348-1681.

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.