July 9, 2003

People's Hosts Retirement Planning
Seminar in Avon

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 ™, 27 East Main St., Avon, on Thursday, July 24, from noon to 1 p.m.

Wendy Demore, financial services manager at the Financial Center ™, will host the afternoon. Denise Lucia, a financial advisor with People's Securities, Inc., is the featured speaker. Lucia will discuss appropriate funding levels needed for retirement and potential sources of retirement income.

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.