WESTERLY, R.I.--(BUSINESS WIRE)--Dec. 15, 2005--The Board of
Directors of Washington Trust Bancorp, Inc., (NASDAQ: National Market;
symbol: WASH), today declared a quarterly dividend of 18 cents per
share for the quarter ending December 31, 2005. The dividend is
payable January 13, 2006 to shareholders of record on January 3, 2006.
Washington Trust Bancorp, Inc. is the parent of The Washington
Trust Company, the largest independent bank headquartered in Rhode
Island. Founded in 1800, Washington Trust is a Rhode Island
state-chartered bank offering a full range of financial services,
including wealth management, through its offices in Rhode Island,
Massachusetts and southeastern Connecticut. Washington Trust Bancorp,
Inc.'s common stock trades on The Nasdaq Stock Market(R) under the
symbol WASH. Investor information is available on the Corporation's
web site: www.washtrust.com.
This report contains certain statements that may be considered
"forward-looking statements" within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. The Corporation's actual results,
performance or achievements could differ materially from those
projected in the forward-looking statements as a result, among other
factors, of changes in general national or regional economic
conditions, changes in interest rates, reductions in the market value
of trust and investment assets under management, reductions in loan
demand, reductions in deposit levels necessitating increased borrowing
to fund loans and investments, changes in loan default and charge-off
rates, changes in the size and nature of the Corporation's
competition, changes in legislation or regulation and accounting
principles, policies and guidelines and changes in the assumptions
used in making such forward-looking statements.
CONTACT: Washington Trust Bancorp, Inc.
Elizabeth B. Eckel, 401-348-1309
Senior Vice President, Marketing
SOURCE: Washington Trust Bancorp, Inc.