Webster Shareholders Meeting Will be April 24, 2003

Feb 18, 2003
WATERBURY, Conn., Feb 18, 2003 (BUSINESS WIRE) -- Webster Financial Corporation (NYSE:WBS), announced today that its Board of Directors has scheduled the corporation's annual meeting of shareholders for 4 p.m. (Eastern Standard Time) Thursday, April 24, 2003 at the Courtyard by Marriott, 63 Grand Street, Waterbury, Connecticut.

The record date for shareholders to vote at the meeting is March 4, 2003.

Webster Financial Corporation is the holding company for Webster Bank and Webster Insurance. With $13 billion in assets, Connecticut-based Webster Bank provides business and consumer banking, mortgage, insurance, trust and investment services through more than 110 banking offices, 214 ATMs and the Internet (www.websteronline.com). 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, Center Capital Corporation, an equipment financing 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 Bank web site at www.websteronline.com.

CONTACT: For Webster Financial Corporation,
Media:
Art House, 203/578-2391
ahouse@websterbank.com
Clark Finley, 203/578-2429
cfinley@websterbank.com
or
Investors:
Terrence K. Mangan, 203/578-2318
tmangan@websterbank.com
KEYWORD: CONNECTICUT INDUSTRY KEYWORD: BANKING SOURCE: Webster Financial Corporation (c) 2003 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.