CHITTENDEN BANK APPOINTS NEW PRESIDENTBurlington — Chittenden Bank’s Board of Directors announcedtoday, the appointment of John W. Kelly as President and CEO of ChittendenBank. As President and CEO, Mr. Kelly will oversee all aspects ofChittenden Bank’s retail, commercial and wealth management operations.Mr. Kelly has been serving as interim president for Chittenden sinceLawrence W. DeShaw retired in April. Mr. Kelly assumes the role ofPresident and CEO immediately.Mr. Kelly began his banking career in 1973 working for The PoughkeepsieSavings Bank as the Assistant Vice President. In 1983, he joined Bank ofNew England – Old Colony as the Executive Vice President. In December of1990, Mr. Kelly joined Chittenden as the Executive Vice President incharge of Commercial Banking. He served most recently as Chief BankingOfficer from January 2003 through the present.”John is an accomplished banking professional who has over 30 years offinancial experience, ” commented Paul Perrault, Chairman of ChittendenCorporation. “We are fortunate to have John lead Chittenden in the yearsahead with his vast local financial services experience. I am confidentJohn will continue to build momentum and provide our customers with theservice that they have come to expect from Chittenden.””On behalf of Chittenden Bank’s Board of Directors, I am pleased to makethis announcement today. With John’s experience and commitment he is agreat match for Chittenden’s team of financial experts and theircustomers. Chittenden is committed to the communities of Vermont and hasbeen servicing the financial needs of Vermonters for 100 years. John hasthat same drive and commitment to continue to build an institution thatthinks about the customer and their needs first,” commented Chairman ofthe Board, Fred Bertrand.ABOUT CHITTENDEN BANKChittenden Bank is a full-service, Vermont-headquartered and managed bankproviding a wide range of financial services and products to individualsand businesses. As the largest Vermont-based bank in the state, Chittendenoffers 51 locations. To find out more about Chittenden, visit our websiteat www.chittenden.com(link is external) or call your local branch.ABOUT CHITTENDEN CORPORATIONChittenden Corporation is a bank holding company headquartered inBurlington, Vermont. Through its subsidiary banks, the Company offers abroad range of financial products and services to customers throughoutNorthern New England and Massachusetts, including deposit accounts andservices; commercial and consumer loans; insurance; and investment andtrust services to individuals, businesses and the public sector.