February 17, 2006

People's Bank To Present At America's Community Bankers Investor Conference

BRIDGEPORT, CONN. - People's Bank (NASDAQ: PBCT), an $11 billion financial services company, today announced it will participate in the America's Community Bankers Community Bank Investor Conference in San Francisco on Wednesday, February 22, 2006.

Philip R. Sherringham, People's chief financial officer, will make a presentation scheduled to begin at 1:30 pm PST.

Presentation materials and a link to the live webcast will be available on People's Web site at www.peoples.com - Investor Relations - News & Events - Investor Presentations, or on America's Community Banker's Web site at www.AmericasCommunityBankers.com. The webcast will be archived and available for replay.

Founded in 1842, People's Bank (peoples.com) is one of Connecticut's largest banks with assets of $11 billion, more than 240 ATMs and 153 branches, 70 of which offer convenient seven-day banking in Super Stop & Shop locations across the state. A diversified financial services company, People's Bank provides consumer and commercial banking services, in addition to brokerage and financial advisory services, equipment financing, asset management, insurance and trust services. For more information about People's, its products and services, please call 800-772-1090, visit peoples.com or any of People's branches.