• Umpqua Holdings Corporation
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  • UMPQUA BANK DONATES $10,000 TO SMART PROGRAM BUSINESS EDITORS ROSEBURG, ORE.--(BUSINESS WIRE)--JUNE
    Company Release - 06/26/2002 08:30
    ( BW)(OR-UMPQUA-BANK)(UMPQ) Umpqua Bank Donates $10,000 to Smart
    Program
    
      Business Editors
    
      ROSEBURG, Ore.--(BUSINESS WIRE)--June 26, 2002--Umpqua Bank, a
    subsidiary of Umpqua Holdings Corporation (Nasdaq:UMPQ), today
    announced its commitment of $10,000 to the Start Making a Reader Today
    (SMART) program through the Oregon Children's Foundation for
    2002-2003.
      SMART is a reading program that provides adult volunteers to read
    with disadvantaged grade school children in grades K-3 and help kids
    develop strong language and literacy skills. Each month the program
    gives every student two new books to take home and read with their
    families. The primary goal of the SMART program is to create
    enthusiastic readers who can read at or above their grade level by the
    time they leave elementary school.
      Umpqua Bank has been a supporter of SMART in individual
    communities for several years, in keeping with the company's
    longstanding commitment to supporting youth, education and the arts.
    This contribution marks the company's first statewide commitment to
    the program, and funds provided by Umpqua Bank will be targeted
    specifically to the 11 counties in which it does business. In addition
    to this financial contribution, Umpqua Bank associates throughout
    Oregon will volunteer their time to the SMART program.
      "Improving child literacy is critical to keeping kids in school,
    broadening educational opportunities, and providing for a competitive
    workforce," said Bill Haden, President and CEO of Umpqua Bank. "This
    is one of the most important efforts that any business or individual
    can support. We're proud to be a partner with the SMART program
    throughout Oregon."
      To learn more about the SMART program, contribute money, or
    volunteer time, contact the Oregon Children's Foundation at
    1-800-355-3999 or visit www.oregonchildrensfoundation.org.
    
      About Umpqua Bank
    
      Umpqua Bank, headquartered in Roseburg, Oregon, is a subsidiary of
    Umpqua Holdings Corporation (Nasdaq:UMPQ), and has 45 locations
    between Ashland and Portland, and along the Oregon coast. 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.umpquabank.com.
    
      --30--NTC/se*
    
      CONTACT: Umpqua Holdings Corporation
      Lani Hayward, 503/228-2117
      lanihayward@umpquabank.com
      or
      KVO Public Relations
      Ken Ray, 503/221-7415
      kenray@kvo.com
    
      KEYWORD: OREGON
      INDUSTRY KEYWORD: BANKING EDUCATION
      SOURCE: Umpqua
    
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