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For Immediate Release
January 28, 2002

Contact:
Brian Arsenault
(207) 761-8517
E-mail: beryl@wolfenews.com

Beryl Wolfe
(207) 775-5115

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

Banknorth's Gary Stone Named United Way 'Volunteer of the Year' for Mid-Coast Region

Gary E. Stone, an assistant vice president and financial advisor at Banknorth Investment Management Group in Camden, was named "Volunteer of the Year" for 2001 by the United Way of Mid Coast Maine at its annual recognition event recently.

Stone, who served as the chair of the United Way's Professional Division, was commended for surpassing the group's fundraising goal by 30 percent, due in part to his tireless efforts.

"Gary's success went far beyond the dollars he raised," said Campaign Chair Randy Shaw. "He believes deeply and passionately in building community together, and he spread that word throughout the region."

Banknorth Investment Management Group, a subsidiary of Banknorth Group, Inc., provides investment management, trust and other wealth advisory services to individuals and businesses.

Stone has 17 years in finance and joined Banknorth last year, previously serving as a vice president at Cantor Fitzgerald Securities at the World Trade Center in New York. He is a resident of Newcastle, and also is involved in other civic organizations. Stone is a 1983 graduate of Bowdoin College in Brunswick.

Banknorth Group, Inc. is one of the country's 35 largest commercial banking companies with $21 billion in assets. Banknorth is the parent company of Peoples Heritage Bank, with the leading market share in Maine, and other banking subsidiaries in New Hampshire, Massachusetts, Connecticut, Vermont and upstate New York. Besides Banknorth Investment Management Group, the company and its banking affiliates also operate subsidiaries in insurance (Banknorth Insurance Group), investments (Bancnorth Investment Planning Group, Inc.), 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 http://www.banknorth.com.
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