Washington Trust Hires New Vice President

September 6, 2007 (Westerly, RI). . . Peter R. Phillips of Warwick, R.I., has been appointed vice president and investment officer for The Washington Trust Company’s Wealth Management division. He is responsible for managing investments and researching and analyzing investment securities. Phillips has a B.S. from Syracuse University and a M.S. in Finance from Bentley College. He is a Chartered Financial Analyst charter holder, a board member and past president of the Providence Society of Financial Analysts, and a finance committee member of the Rhode Island Historical Society.

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.