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FOR IMMEDIATE RELEASE
CONTACT: Charlene P. Davenport, Public Relations Officer, 401-348-1363
DATE: May 15, 2008

Washington Trust To Host Free Homebuyers Seminar

May 15, 2008 (Westerly, Rhode Island). . .The Washington Trust Company and The Residences at Saw Mill Square, a Moran Property Project, will host a free seminar, “Homebuying Made Easy,” on Tuesday, May 27th, from 5:30 - 7:00 p.m. at The Residences at Saw Mill Square located at 15 Saw Mill Drive, North Kingstown, R.I.

The seminar will explore all aspects of the home purchasing process, including what to expect when buying a home, down payment and closing cost options, and the criteria lenders use to examine applicants. Speakers will include George and Lisa Avedisian of Real Estate One, LTD and Cathleen Studley and Janell Hayes Bruno, mortgage specialists from Washington Trust.

Reservations are required to ensure space and course material availability. Light refreshments will be served. For reservations please call Cathleen Studley at 401-295-4700 ext. 7102.

The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $2.5 billion corporation headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is the oldest community bank in the nation and is the largest independent bank 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.