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For Immediate Release
September 14, 2004

Contact:
Jeff Nathanson, Sr. V.P., Communications
(207) 761-8517

Jason Wolfe
(207) 883-6083

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

Nathan Graham Named Senior Vice President at Banknorth

Nathan L. Graham has been named a senior vice president in the Finance Department at Banknorth Group in Portland. Graham will continue to be responsible for all planning, forecasting and analysis for Banknorth’s fee-based businesses and risk management, including investment planning and management, insurance, marketing, e-commerce and sales.

Graham joined Banknorth in 2000, previously serving as a vice president, assistant vice president and financial analyst. Prior to Banknorth, he held various financial and managerial positions at Cole-Haan in Yarmouth. He is a member of the American Institute of Certified Public Accountants.

A resident of North Yarmouth, Graham is a 1989 graduate of the University of Vermont in Burlington. A native of Springfield, Vermont, Graham is a 1985 graduate of Springfield High School.

Banknorth Group (NYSE: BNK) is one of the country's 30 largest commercial banking companies with $29.3 billion in assets. Banknorth, N.A., a Banknorth Group subsidiary, is the parent company of Peoples Heritage Bank, with the leading market share in Maine, and other banking divisions in New Hampshire, Massachusetts, Connecticut, Vermont and upstate New York. The company and its banking affiliates also operate subsidiaries in insurance (Banknorth Insurance Group), a money management firm (Banknorth Wealth Management Group), and a leasing company (Banknorth Leasing). Banknorth, N.A. also offers investment planning services through Bancnorth Investment Planning Group in association with PrimeVest Financial Services, Inc. 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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