July 7, 2003

People's Hosts Retirement Planning
Seminar in Monroe

BRIDGEPORT, CONN. - People's Securities, Inc., the brokerage subsidiary of People's Bank, will sponsor a free seminar on retirement planning at the bank's Financial Center ™, Rte. 111, Village Shopping Center, Monroe, on Tuesday, July 15, from 6:30 to 7:30 p.m.

Mary McNamara, financial services manager at the Financial Center ™, will host the evening. Robert Daly, a financial advisor at People's Securities, Inc., is the featured speaker. Daly will discuss appropriate funding levels needed for retirement and potential sources of retirement income.

"This workshop is most beneficial for people who are looking at 10 or more years until retirement," said Daly. "Retirement planning is a long-term process and can be daunting if faced alone. We share our expertise with customers and help them understand how to set and reach their financial goals."

Seating is limited and reservations are suggested. Those interested in attending can make reservations by calling 1-800-772-1090. Please choose option '1' to speak with a representative.

People's Securities, Inc. (peoples.com), an NASD member brokerage firm and wholly-owned subsidiary of People's Bank, celebrates its 20th anniversary in 2003. The firm offers a complete range of investment and insurance products, including stocks, bonds, options, money market funds and fixed- and variable-rate annuities, life insurance and asset management accounts. It also offers financial guidance including retirement, education and financial planning. Founded in 1983, People's Securities is based in Bridgeport and staffs People's statewide branch network with licensed financial advisers.

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 assets of $12 billion, 155 branches and more than 230 ATMs. People's is a leader in consumer and commercial banking, residential lending, insurance sales, supermarket banking and is the nation's 19th-largest issuer of MasterCard and Visa credit cards. People's subsidiaries offer brokerage services, asset management, equipment financing and leasing, and insurance services.