The Bank of Greenwich Extends Initial Stock Offering

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The Bank of Greenwich has extended its initial stock offering period, which may now remain open as late as June 28, 2006.

The Bank of Greenwich, a new full-service state-chartered commercial bank (in organization) to be headquartered in Greenwich, has extended its initial stock offering period in order to give potential investors, who missed the April deadline, a chance to make an investment during this final extension. The stock offering may remain open as late as June 28, 2006.

The Bank has received subscriptions from investors in excess of $10,000,000 in its initial stock offering. Stephen C. Thurlow, Chairman of the Organizing Group, said, “The fact that we met our initial capital goal prior to our deadline -- and met it with investors who are genuinely energized -- is confirmation of a substantial need here in Greenwich. We need a homegrown, hometown Greenwich bank that provides the respect and service customers deserve. The Bank will use the extra time to ensure everyone who wants to be a part of investing in The Bank of Greenwich has the opportunity to do so.”

Robert J. Oca, the Bank’s Chief Executive Officer stated, “The foundation of The Bank is being built right now in our community. This is an exciting time for us and our investors.”

This is a unique opportunity to invest in the only bank headquartered in Greenwich -- Greenwich's "hometown" bank. The Bank of Greenwich brings together an outstanding team of professionals with banking and financial experience and strong ties to the community. The minimum investment in the Bank's offering is $25,000.

This is not an offer to sell securities. The Offering is made only by the Offering Circular. An Offering Circular providing detailed information regarding the shares, can be obtained by calling Robert J. Oca or James E. Calkins at (203) 622-7680, or by writing The Bank of Greenwich, Two Sound View Drive, Suite 100, Greenwich, Connecticut 06830.

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