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Jared Shaw Joins People's United Bank As Investor Relations Officer

   People's United Bank Logo. (PRNewsFoto/People's United Bank)

BRIDGEPORT, CT UNITED STATES
         Shaw Also to Assess Mergers and Acquisitions Opportunities

    BRIDGEPORT, Conn., March 27 /PRNewswire-FirstCall/ -- People's United
Bank announced today that Jared Shaw has joined the company as Senior Vice
President, Investor Relations and Mergers and Acquisitions. In this
position, Shaw will serve as the liaison to the investment community and
will be an integral part of the team evaluating potential acquisitions.

    (Logo: http://www.newscom.com/cgi-bin/prnh/20070607/NYTH047LOGO )

    Shaw joins People's United Bank from the Hartford office of Keefe,
Bruyette & Woods, the New York-based investment banking firm specializing
in banking and financial services. While with Keefe, Bruyette & Woods, Shaw
was an equity analyst covering community banks and thrifts in New England,
New York and portions of the mid-Atlantic region.

    "I am very pleased to welcome Jared to People's United," said Philip R.
Sherringham, President and Chief Executive Officer. "I believe the
experience he brings will prove valuable, both in our communications with
the investment community and as we continue to assess opportunities for
growth through acquisition."

    Shaw has been consistently recognized by peers and investors as a
leading financial services stock analyst. He was listed among the top
analysts on the Institutional Investor "All American Research Team" and was
ranked third in 2007 in the Wall Street Journal's "Best on the Street"
analyst survey.

    Prior to Keefe, Bruyette & Woods, Shaw served as Vice President, Equity
Research, at Friedman, Billings, Ramsey & Co., Inc., an investment
management and stock analyst firm in Arlington, VA. He began his career as
an associate in the firm's investment banking area.

    A graduate of St. Paul's School in Concord, NH, Shaw holds a bachelor
of arts degree from the Elliott School of International Affairs at George
Washington University. He resides in Farmington, CT.

    People's United Financial (Nasdaq: PBCT), a diversified financial
services company with $21 billion in assets, provides consumer and
commercial banking services through a network of more than 300 branches in
Connecticut, Massachusetts, Vermont, New Hampshire, Maine and New York.
Through its subsidiaries, People's United Financial provides equipment
financing, asset management, brokerage and financial advisory services, and
insurance services.

    People's United Bank. Everything Starts With You.



SOURCE People's United Bank




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Related links:
  • http://www.peoples.com
    Photo Notes:
    NewsCom: http://www.newscom.com/cgi-bin/prnh/20070607/NYTH047LOGO
    AP Archive: http://photoarchive.ap.org
    PRN Photo Desk, photodesk@prnewswire.com
  • http://www.prnewswire.com/comp/113252.html /
    CONTACT:
    Brent DiGiorgio, Corporate Communications,
    +1-203-338-3135, brent.digiorgio@peoples.com