Washington Trust announces dividends

The Washington Trust Bancorp, Inc.’s board of directors recently announced a quarterly dividend of 14 cents per share for the quarter ending September 30,2002.

Washington Trust Bancorp, Inc. is the parent company of The Washington Trust Company, a Rhode Island chartered community bank founded in 1800. The bank offers a range of financial services, including trust and investment management, through its Rhode Island and southeastern Connecticut offices.

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The dividend is payable October 15 to shareholders of record on October 3 and is consistent with the amount paid in the second quarter of this year.

“A consistent dividend reflects our committment to enhancing shareholder value,” said John C. Warren, chairman and CEO of Washington Trust.

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