February 24, 2006

People's Bank To Present At Keefe, Bruyette & Woods Regional Bank Conference

BRIDGEPORT, CONN. - People's Bank (NASDAQ: PBCT), an $11 billion financial services company, today announced it will participate in the Keefe, Bruyette & Woods 2006 Regional Bank Conference in Boston on Wednesday, March 1, 2006.

Philip R. Sherringham, People's Chief Financial Officer, will make a presentation scheduled to begin at 2:40 p.m. EST.

Presentation materials and a link to the live web cast will be available on People's Web site at www.peoples.com - Investor Relations - News & Events - Investor Presentations, or on Keefe, Bruyette & Woods' Web site at www.kbw.com. The web cast 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.