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For Immediate Release
October 27, 2005

Contact:
Debra Tenenbaum, People's Regional Opportunity Program (PROP)
(207) 874-1140

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

TD Banknorth Presents PROP with More Than $24,000

TD Banknorth recently donated more than $24,000 to the People’s Regional Opportunity Program (PROP). The funds represent a portion of the proceeds from the dissolution of the Maine Community Reinvestment Corporation, of which TD Banknorth was a founding member and major partner.

“We are extremely thankful to TD Banknorth for their generous gift,” said Grant Lee, executive director of PROP. “Not only does this money help us greatly financially, but it is also encouraging to know that TD Banknorth recognizes the work we do throughout Cumberland County to fight poverty and build stronger communities for our neighbors.”

“TD Banknorth has a history of partnering with PROP and we’re glad to continue that with this donation supporting the important work they do in addressing real community needs,” said Michael W. McNamara, President of TD Banknorth Maine. “PROP is very successful in helping people reach their potential, and we know these funds will be well-directed to serve the community.”

Since 1965, PROP has been helping people and changing lives. PROP is a not-for-profit, multi-service Community Action Agency that facilitates positive change in the lives of Cumberland County children and families, especially those who are economically disadvantaged. PROP identifies and assesses community needs, coordinates resources, and offers supportive services as people make changes to improve the quality of their lives. For more information, visit www.propeople.org.

TD Banknorth, N.A. operates 60 branches and 89 ATMs in Maine. TD Banknorth, N.A., Maine’s largest community bank, is the banking subsidiary of TD Banknorth Inc. (NYSE: BNK), a leading banking and financial services company headquartered in Portland, Maine.

As Maine’s largest community-based bank, TD Banknorth maintains a strong commitment to all of the communities it serves by following its mission to support communities and organizations in order to improve and enrich the lives of Maine residents. For more information, visit www.tdbanknorth.com.

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