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Top Headlines

For Immediate Release
October 30, 2002

Contact:
Brian Arsenault
(207) 761-8500
E-mail: barsenault@banknorth.com

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

NYSE Media Alert: Banknorth To Transfer To The NYSE Monday, Nov. 4

Chairman, President and CEO William Ryan To Ring The Opening Bell

EVENT:
Executives and guests of Banknorth Group will visit the New York Stock Exchange on Monday, November 4, 2002 to celebrate the company's transfer from Nasdaq to the New York Stock Exchange.

In honor of this special occasion, Chairman, President and CEO William J. Ryan will ring The Opening Bell.

BANKNORTH GROUP, INC. (NYSE: BNK)

Banknorth Group, Inc., headquartered in Portland, Maine, is one of the country's 35 largest commercial banking companies with $22.5 billion in assets. The Company has experienced record earnings for eight consecutive years and expects to have its ninth record earnings year in 2002.

The Company's banking subsidiary, Banknorth, N.A. operates banking subsidiaries in all the New England states except Rhode Island and in upstate New York, with more than 350 branches and nearly 500 ATMs in six states, including 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 also operates subsidiaries and divisions in insurance, investment planning, money management, leasing, merchant services, mortgage banking, government banking and other financial services.

WHEN:
MONDAY, NOVEMBER 4, 2002 - NYSE - 20 BROAD STREET - CHECKPOINT

WHERE:
9:00 a.m. Media escorted into the building for bell ringing
9:30 a.m. The Opening Bell is rung

CONTACT:
Media interested in covering the bell ringing MUST contact Danielle Martinez in order to obtain entry into the building.



PHOTO/VIDEO:
Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285) and Bloomberg Photo (212.893.3420).

The Opening Bell (starting at 9:25 a.m.) and The Closing Bell (starting at 3:55 p.m.) feeds are available via fiber line at Waterfront #1630. The NYSE Daily News Feed is available from 2:30 p.m. - 2:45 p.m. (EST) via satellite at Telstar 6, Transponder 15, C-Band and by fiber line at Waterfront #1630, Audio 6.2 and 6.8. A re-broadcast of the NYSE Daily News Feed is also available following The Closing Bell feed (starting at 3:55 p.m.) and can be accessed by fiber line at Waterfront #1630.



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