• Umpqua Holdings Corporation
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  • UMPQUA HOLDINGS CORPORATION ANNOUNCES SECOND QUARTER DIVIDEND BUSINESS EDITORS PORTLAND, ORE.--(BUS
    Company Release - 06/21/2002 15:03
    ( BW)(OR-UMPQUA-HOLDINGS)(UMPQ) Umpqua Holdings Corporation Announces
    Second Quarter Dividend
    
      Business Editors
    
      PORTLAND, Ore.--(BUSINESS WIRE)--June 21, 2002--
    
      Quarterly Earnings
      Conference Call Scheduled for July 11, 2002
    
      The Board of Directors of Umpqua Holdings Corporation
    (Nasdaq:UMPQ) today announced a cash dividend of $.04 per share
    payable on July 12 to all shareholders of record as of June 28, 2002.
      The company has paid quarterly cash dividends consistently since
    1988.
      Umpqua Holdings Corporation will conduct a quarterly earnings
    conference call Thursday, July 11, 2002 at 10:00 a.m. PST where the
    Company will discuss second quarter results and provide an update on
    activities. There will be a question-and-answer session following the
    presentation. Shareholders, analysts and other interested parties are
    invited to join the call by dialing 877-709-5343 a few minutes before
    10:00 a.m. The password is "UMPQUA." A rebroadcast can be found
    approximately one hour after the conference call by dialing
    888-567-0437, or by visiting www.umpquaholdingscorp.com.
      Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company
    of Umpqua Bank, an Oregon state-chartered bank recognized for its
    entrepreneurial approach, innovative use of technology, and
    distinctive banking solutions. Umpqua Bank has 45 stores in 11 Oregon
    counties, in addition to retail and wholesale mortgage lending offices
    in Coos Bay, Bend and Clackamas. Umpqua Holdings also owns retail
    brokerage subsidiary Strand, Atkinson, Williams & York, which has nine
    locations throughout Oregon and Southwest Washington and offers
    brokerage services within Umpqua Bank stores. Umpqua Holdings
    Corporation is headquartered in Portland, Oregon. For more
    information, visit www.umpquaholdingscorp.com.
    
      --30--jc/se*
    
      CONTACT: Umpqua Holdings Corporation
      Ray Davis, 503/546-2490
      raydavis@umpquabank.com
      or
      Umpqua Holdings Corporation
      Dan Sullivan, 503/546-2492
      dansullivan@umpquabank.com
    
      KEYWORD: OREGON
      INDUSTRY KEYWORD: BANKING DIVIDEND CONFERENCE CALLS
      SOURCE: Umpqua Holdings Corporation
    
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