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APRIL 2, 2002

People's Bank Names Barbara Johnson To Lead Community Relations Efforts

BRIDGEPORT, CONN.
In a move to increase and focus its already strong community involvement across the state, People's Bank has named Barbara P. Johnson, senior vice president, Strategic Community Relations. Previously, she served as senior vice president and manager, Insurance Services at People's.

"At People's, we are committed to our communities and Barbara Johnson will lead a broader strategic initiative to maximize the effectiveness of our efforts in cities and towns across Connecticut," said John A. Klein, president and chief executive officer.

In her previous position, Johnson oversaw the acquisition and integration of RC Knox & Company, which People's acquired in 1998, and Beardsley Brown & Bassett, which People's acquired in 1999, into the bank's insurance operations. A career banker with 26 years of financial experience, Johnson was senior vice president, manager, New Haven Region, prior to moving to Insurance Services.

Active in the community, Johnson in 1994 received the bank's prestigious Samuel W. Hawley Public Service Award, presented each year to a member of the People's family for his or her exemplary community service. She has served as chair of the Greater New Haven Chamber of Commerce and on the boards of directors of numerous organizations around the state, including Connecticare, Inc., the Shubert Theatre and the University of New Haven.

She is a graduate of the National School of Banking. She and her husband live in the Black Rock section of Bridgeport.

People's (peoples.com) is a diversified financial services company providing commercial, consumer, insurance and investment services. Founded in 1842, it is the largest state-chartered bank in Connecticut with managed assets of $14 billion, 150 branches and more than 220 ATMs. People's is a leader in consumer and commercial banking, residential lending, insurance sales, supermarket banking and is the nation's 15th-largest issuer of MasterCard and Visa credit cards. People's subsidiaries offer brokerage services, asset management, equipment financing and leasing, and insurance services.

CONTACT:
Deborah P. MacDonnell, manager, External Communications, 203-338-3255 or dpmacdo@peoples.com

WAP