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MEDIA CONTACT: Elizabeth B. Eckel, Senior Vice President, Marketing
TELEPHONE: 401-348-1309
EMAIL: ebeckel@washtrust.com
DATE: August 8, 2012

Washington Trust Names Ostrowski to SVP, Director of Internal Audit


Westerly, Rhode Island... Washington Trust has announced that C. Scott Ostrowski, of North Kingstown, R.I., has been promoted to Senior Vice President and Director of Internal Audit, replacing James J. Walther who will retire in September after a 40-year auditing career. Ostrowski, a Certified Internal Auditor, is responsible for managing all facets of full-scope audits, establishing the annual audit schedule and presenting audit findings and recommendations to management and the Audit Committee of the Board of Directors.

Ostrowski has more than 25 years of banking experience in internal audit, branch operations, and project management. Prior to joining Washington Trust in 2006, he served as Vice President and Senior Project Manager at Citizens Bank. A graduate of the University of Rhode Island, Ostrowski serves as a Board member of The Institute of Internal Auditors (Ocean State Chapter) and served as Treasurer and President of the Board. He is also a Certified Fraud Examiner and a member of the Association of Certified Fraud Examiners.

The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., a $3 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 commercial banking, small business banking, personal banking, and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Corporation’s common stock trades on The NASDAQ Global Select® Stock Market under the symbol WASH. Web site address: www.washtrust.com

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