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FOR IMMEDIATE RELEASE
CONTACT: Charlene P. Davenport, Marketing, 401-348-1363
DATE: November 5, 2007

Washington Trust To Host Free Reverse Mortgage Seminar

November 5, 2007 (Westerly, RI). . . The Washington Trust Company will host a luncheon and seminar on Reverse Mortgages on Monday, December 3, 2007, 12 p.m., at Gregg’s Restaurant in North Kingstown.

The seminar will explore all aspects of reverse mortgages, which allows a senior homeowner the ability to tap into the built up equity in their home. Speakers will include Mike Mooney, vice president, Bank of New York; Donna Madden, Esq., Sullivan & Sullivan P.C.; Cathleen Studley, branch manager, Washington Trust; and Brenda Archambault, reverse mortgage specialist, Washington Trust.

The luncheon and seminar are free and open to the public. Reservations can be made by calling Brenda Archambault at 800-475-2265 ext 6125.

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.