FRANKLIN, MASSACHUSETTS, April 4, 2006

On behalf of Dean Bank’s staff, officers, and directors, Wayne A. Cottle, President and Chief Executive Officer of the bank congratulates John L. Daddario Sr, Senior Director of the bank, on being named “Business Person of the Year” by the United Chamber of Commerce. Mr. Jack Daddario has long been Chairman and CEO of his family company, JD Daddario Co, Inc., a distributor of plumbing, heating and electrical lighting and appliances, which recently was acquired by Ferguson Enterprises, the country’s largest wholesale distributor and specialist of plumbing supplies and products. Jack has been a director of Dean Bank for many years. A former Chairman of the Board, he has also served on multiple bank committees as well. Cottle states that, “In addition to spending his career building a small local distributorship into a successful regional retail and wholesale giant, Jack has spent the last 34 years as a dedicated director of Dean Bank where he has shared his leadership and uncompromising commitment to the local communities served by the bank. We are all very proud of this well deserved recognition of Jack.”

Dean Bank, founded in 1889, is a Massachusetts state-chartered, mutually owned institution with assets in excess of $200 million. The bank operates full-service offices in Blackstone, Franklin and Bellingham, and a full-service educational and training facility at Tri-County Regional Vocational High School in Franklin. In addition, a new full-service branch is due to open this spring where the bank’s Mortgage & Loan Center existed in Mendon. As a member of the FDIC and a member of the SIF, the bank’s deposits are insured in full.

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