Washington Trust Provides Financing To Oak Embers Owners Association, LLC

October 10, 2007 (Westerly, RI). . . The Washington Trust Company’s Commercial Real Estate Group is providing $664,000 in financing to Oak Embers Owners Association, LLC of West Greenwich, R.I., for the purposes of refinancing existing debt and to cover costs of improvements to the campground.

Oak Embers is a family campground located in West Greenwich, and has been in existence since 1969. The campground consists of 10 acres of land on the West Greenwich/Exeter line.

“Washington Trust is happy to provide financing and continuing our relationship with Oak Embers Owners Association, LLC.” 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.