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For Immediate Release
July 29, 2003

Contact:
Brian Arsenault
(207) 761-8517
E-mail: barsenault@banknorth.com

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

Judy Cormier Joins Banknorth as Senior Vice President in Corporate Compliance

Judy A. Cormier has joined Banknorth as a senior vice president in the Corporate Compliance Department located in Falmouth. Her responsibilities include directing the development and implementation of corporate compliance risk programs to ensure consistent conformance of policies, procedures and practices to relevant rules and regulations.

Cormier has 14 years in banking, and previously served in similar roles at major banks in Rhode Island and Massachusetts.

A Yarmouth resident, Cormier is a graduate of Southeastern Massachusetts University (now the University of Massachusetts - Dartmouth). A native of New Bedford, Mass., she is a graduate of Bishop Stang High School in North Dartmouth.

Banknorth Group, Inc. (NYSE: BNK) is one of the country's 35 largest commercial banking companies with $26.3 billion in assets. The Company's banking subsidiary, Banknorth, N.A., operates banking divisions in Maine (Peoples Heritage Bank), New Hampshire (Bank of New Hampshire), Massachusetts (Banknorth Massachusetts), Connecticut (Banknorth Connecticut), Vermont (Banknorth Vermont) and upstate New York (Evergreen Bank). The company and its banking affiliates also operate subsidiaries in insurance, investment planning, trust and investment services, leasing, merchant services, mortgage banking, government banking and other financial services. For more information about Banknorth, visit the company online at www.banknorth.com.

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