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Top Headlines

For Immediate Release
November 8, 2002

Contact:
Brian Arsenault
207-781-8517
E-mail: barsenault@banknorth.com

Web Site: http://www.tdbank.com/

Ann Hollyday Joins Bancnorth Investment Planning as Vice President of Sales and Marketing

PORTLAND, Maine - Ann T. Hollyday has been named vice president of sales and marketing at Bancnorth Investment Planning Group in Portland. She will be responsible to coordinate the development of company sales objectives, strategies, advertising and promotional programs, as well as evaluate new product ideas and advise senior management on emerging opportunities and markets.

A division of Banknorth Group, Inc. in Portland, Maine, Bancnorth Investment Planning provides businesses and individuals with financial products and services at Peoples Heritage Bank and other Banknorth Group-affiliated banks in New England and New York State. Bancnorth Investment Planning's areas of expertise include asset allocation, tax-advantaged investing, and planning for retirement, insurance and college savings.

"Ann has extensive sales and marketing experience and proven abilities developing client relationships," said Anne Dunne, president of Bancnorth Investment Planning Group. "She is an outstanding choice to lead our promotional efforts throughout our six-state region."

Hollyday joined Banknorth Group in 1999 and has a diverse background in banking, marketing and law. She most recently served as senior vice president of employee benefits for Banknorth Insurance Group, another Banknorth subsidiary. Prior to joining Banknorth, she served as chief marketing executive and as vice president of marketing for a major insurance company in Maine. An attorney with experience at a law firm and as an in-house corporate counsel, she is a member of the American Bar Association and the Maine Bar Association.

A resident of Cape Elizabeth, Hollyday is a 1984 graduate of the University of Maine School of Law. She received a bachelor's degree in community development in 1978 from the University of New Hampshire in Durham.

Banknorth Group, Inc. (NYSE: BNK) is one of the country's 35 largest commercial banking companies with $22.5 billion in assets. Banknorth, N.A., a Banknorth Group subsidiary, is the parent company of Peoples Heritage Bank, Bank of New Hampshire, Banknorth Massachusetts, Banknorth Connecticut, Banknorth Vermont and Evergreen Bank in upstate New York. In addition to Bancnorth Investment Planning Group, the company and its banking affiliates also operate subsidiaries in insurance (Banknorth Insurance Group), a money management firm (Banknorth Investment Management Group), and a leasing company (Banknorth Leasing). Other subsidiaries and divisions provide services in mortgage banking, asset-based lending, private banking, merchant services and other financial services. For more information about Banknorth, visit the company online at www.banknorth.com.

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