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Dear, The Bank of Canton is pleased to announce that Amy A. Geogan has been hired as Chief Credit Officer. Geogan's primary responsibility will be to manage the credit administration, portfolio management, and loan review functions of the Bank while guiding the formation and administration of the Bank's lending policies and procedures. Attached please find the press release providing fiuther details. Any coverage you could provide would be greatly appreciated. If you have any questions please do not hesitate to contact me or Jeremy Bloom at617-786-0010. Thank you. Sincerely,

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IMMEDIATE RELEASB

CONTACT:
Jeremy Bloom or Jacquelyn Burbank Tiffanie Williams & Co., 617-786-0010

AMY A. GEOGAN JOINS BANK OF CANTON AS CHIEF CREDIT OFFICER
Banking veteran joins Bank of Canton team
June 25,2003 (CANTON, MAFJames D. Egan, Chairman, President & Chief Executive Officer of Bank of Canton, is pleased to announce that Amy A. Geogan has been hired as Chief Credit Officer. Based out of Bank of Canton's corporate headquarters located at490 Turnpike Street in Canton, Geogan's primary responsibility will be to manage the credit administration, portfolio management, and loan review functions of the Bank while guiding the formation and administration of the Bank's lending policies and procedures.

A 30-year veteran of the banking industry, prior to joining Bank of Canton, Geogan held a variety of lending and management positions at BankBoston, Sovereign Bank, and Rockland Trust
Company. In addition, Ms. Geogan is a past Director of the Massachusetts Certified Development Corp., The Center for Women & Enterprise, and the Urban League ofNew England.
am excited to join the Bank of Canton team and become part of a true community bank which does so much to foster economic development in its marketplace," said Geogan. "I am fortunate to be able to work for an institution that places an equal emphasis on community as it does on commerce and to work with a group of professionals with an unwavering focus on providing

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outstanding customer service."

"Amy's extensive banking knowledge and experience will be a benefit to both our customers and Bank of Canton employees," Egan said. "We look forward to the opportunities she will create.'o A graduate of Harvard University, Geogan enjoys spending her time away from the Bank with her husband Joseph and sons, Robert and Matthew, at their home in Norwell.
Bank of Canton has branches in Brookline, Canton, Quincy, Randolph and Hyannis, and a Mortgage Center in Auburn, and lends throughout Massachusetts. Established in 1835, Bank of Canton is a Massachusetts-chartered mutual savings bank that offers its consumer, business and institutional customer's access to afull array of deposit, loan, investment and convenience service options. All deposits at Bank of Canton are insured infull with at least $100,000 insured by the Federal Deposit Insurance Corporation (FDIC) and all deposits above that amount insured by the Depositors Insurance Fund (DIF). The Bank has no stockholders and profits are paid back to the consumer in theform ofbetter interest rates, personal service and a vast array offinancial products and services. For more information, visit: www.ibankcanton.com. Member FDIC. Member DIF. Equal Housing Lender.
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