PORTLAND, Ore.--(BUSINESS WIRE)--June 23, 2003--The Board of
Directors of Umpqua Holdings Corporation (Nasdaq:UMPQ) announced a
cash dividend of $.04 per share payable on July 15, 2003 to all
shareholders of record as of June 30, 2003.
Umpqua Holdings Corporation will conduct a quarterly earnings
conference call Tuesday, July 15, 2003 at 10:00 a.m. PST where the
Company will discuss second quarter results and provide an update on
recent activities and events. 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
888-603-9230 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 800-839-5154, or by visiting
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 64 stores in 11 Oregon
counties and in Southwest Washington, 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.umpquabank.com/investor.
CONTACT: Umpqua Holdings CorporationRay Davis, 503/546-2490
Dan Sullivan, 503/546-2492
SOURCE: Umpqua Holdings Corporation