Webster CEO to Make Presentation at Investor Conference

Nov 25, 2003

WATERBURY, Conn.--(BUSINESS WIRE)--Nov. 25, 2003--Webster Financial Corporation (NYSE: WBS) announced today that its chairman and chief executive officer, James C. Smith, will be making a presentation at the Friedman Billings Ramsey 10th Annual Investor Conference on Tuesday, December 2, 2003 from 9:30 A.M. to 10:00 A.M.

Presentation slides and a link to the live webcast will be available at Webster's Investor Relations website, www.wbst.com, or at the Friedman Billings Ramsey's website, www.fbr.com. In addition, an archive of the webcast will be available at these websites for 90 days.

Webster Financial Corporation is the holding company for Webster Bank and Webster Insurance. With more than $14 billion in assets, Webster Bank provides business and consumer banking, mortgage, insurance, trust and investment services through 119 banking offices, 233 ATMs, a Connecticut-based call center and the Internet. Webster Financial Corporation is majority owner of Chicago-based Duff & Phelps, LLC, a leader in financial advisory services. Webster Bank owns the asset-based lending firm, Whitehall Business Credit Corporation, the insurance premium finance company, Budget Installment Corp., Center Capital Corporation, an equipment finance company headquartered in Farmington, Connecticut and Webster Trust Company, N.A.

For more information about Webster, including past press releases and the latest Annual Report, visit the Webster website at www.websteronline.com.

CONTACT: Webster Financial Corporation Media Contact: Clark Finley, 203-578-2429 cfinley@westerbank.com Investor Contact: Terry Mangan, 203-578-2318 tmangan@websterbank.com SOURCE: Webster Financial Corporation