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Press Release

 

RBC BANK TAPS LOCAL TALENT

Seasoned Executives Oversee Bank Activities in Alabama

 

RALEIGH, N.C. – June 19, 2008 – As RBC Bank prepares for the final phase of the Alabama National
Bancorporation (ANB) conversion, the bank is focused on tapping local leadership to lead its expansion in
Alabama and the Panhandle. Several key executives from the ANB team will help lead the bank in Alabama
and the Panhandle.

RBC Bank appointed the following executives in corporate and market leadership positions:
John Holcomb has been named Vice Chair of RBC Bank

  • Will Matthews has been appointed RBC Bank’s Chief Financial Officer
  • Richard Murray has been named group president for Alabama and Florida
  • Skip Thompson has been named market president for North Alabama
  • Robert Seaborn has been named market president of the Gulf Coast
  • Blaise Adams has been named market executive for Pensacola
  • Robert Aland has been named senior market executive for Birmingham
  • Wade Bradford has been named market executive for Baldwin County
  • Eric Canada has been appointed senior market executive for East Alabama
  • Robert “Bobby” Davis has been named community executive for Tuskegee
  • Keith Johnson has been named market executive for East Central Alabama
  • Evans Quinlivan has been appointed senior market executive for Northeast Alabama
  • Bobby Ranger has been named market executive for Panama City
  • Wally Terry has been named market executive for North Central Alabama

 

“It's been a priority to retain the dedicated professionals who have been serving our clients in these
communities for years,” said John Holcomb, vice chair of RBC Bank following his tenure as CEO of Alabama
National Bancorporation. “When clients walk into their neighborhood banking center, they’ll immediately notice
the new RBC Bank sign, but that may be the only change they see right away. That’s because many of the
same banking center employees they’ve been working with for years are on board with RBC Bank to continue
meeting clients’ financial services needs.”

The ANB affiliate banks in Alabama and the Panhandle will complete conversion in the coming weeks. First
American Bank (Birmingham, Ala.), First Gulf Bank (Pensacola, Fla.) and Alabama Exchange Bank (Tuskegee,
Ala.) will begin conversion on June 20 and open as RBC Bank June 23. This will complete the final phase of the
ANB acquisition to RBC Bank.

In April, RBC Bank also completed the conversion of seven ANB banks in Florida and Georgia including
Millennium Bank (Gainesville, Fla.), Florida Choice Bank (Mount Dora, Fla.), Community Bank of Naples
(Naples, Fla.), Cypress Coquina Bank (Ormond Beach, Fla.), Indian River National Bank (Vero Beach, Fla.),
Georgia State Bank (Mableton, Ga.) and The Peachtree Bank (Duluth, Ga.).

About RBC Bank’s Recent Growth and Change

RBC Bank grew out of community banks in North Carolina and has more than a century-long history in the
Southeast. Headquartered in Raleigh, North Carolina, RBC Bank offers a wide range of financial services and
advice to individuals. RBC Bank’s network includes more than 430 full-service banking centers, an extensive
ATM network, and telephone and Internet banking.

RBC Bank is a wholly-owned subsidiary of Royal Bank of Canada, the fifth largest financial institution in North
America and one of the most stable financial institutions in the world. The global capabilities and resources
available to its employees and clients as part of the RBC Financial family of companies give the bank a distinct
competitive position when coupled with its strong Southeastern heritage.

About RBC Bank

RBC Bank, headquartered in Raleigh, N.C., offers a wide range of financial services and advice, including a
complete line of banking, and mortgage services to individuals, businesses and public institutions throughout
the Southeast. RBC Bank’s client access network includes more than 430 full-service banking centers, an
extensive ATM network, and telephone and online banking. In addition, RBC Bank offers builder finance
products through its RBC Builder Finance division. RBC Bank is a wholly-owned subsidiary of Royal Bank of
Canada (RBC) (RY on the TSX and NYSE), Canada's largest bank as measured by assets and market
capitalization. RBC is also one of the world’s financial, social and environmental corporate leaders for the past
eight years as on the Dow Jones Sustainability World Index. Additional information about RBC Bank may be
found at www.rbcbankusa.com.

Jamie Mitchell/RBC Bank
Manager, Media Relations
919-788-5613
jamie.mitchell@rbc.com