Webster Declares Quarterly Cash Dividend

Jan 29, 2007

WATERBURY, Conn., Jan. 29 /PRNewswire-FirstCall/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced that its Board of Directors has declared a regular quarterly cash dividend of $.27 per common share.

The dividend is payable on February 26, 2007 to shareholders of record on February 12, 2007. This is the 78th consecutive quarterly dividend since Webster first paid a dividend in 1987.

Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17.1 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 177 banking offices, 334 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, the insurance premium finance company Budget Installment Corp., Center Capital Corporation, an equipment finance company headquartered in Farmington, Connecticut and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank.

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

Media Contact
Clark Finley 203-578-2287
cfinley@websterbank.com

Investor Contact
James Sitro 203-578-2399
jsitro@websterbank.com

SOURCE
Webster Financial Corporation

CONTACT:
Media Contact
Clark Finley 203-578-2287
cfinley@websterbank.com

Investor Contact
James Sitro 203-578-2399
jsitro@websterbank.com