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Bank Director Magazine Hosts Ninth Annual M&A Event
Financial Institutions Explore Growth Options

Nashville, TN—February 4, 2003Bank Director magazine, a leading information resource for officers and directors of financial institutions, hosted 400 attendees at its ninth annual Acquire or Be Acquired Conference Sunday, February 2, to Tuesday, February 4, in Phoenix, Arizona.

As one of the premier merger and acquisition conferences for the financial services industry, Bank Director’s event focused on helping financial institutions determine their worth and appropriate growth road map. Workshops and interactive sessions addressed pertinent issues related to structuring merger and acquisition deals, strategic planning for competitive challenges, board governance and corporate reform, and shareholder activism.

“Today’s rapidly changing environment presents new challenges and opportunities for financial services institutions,” said TK Kerstetter, president of Bank Director. “Our goal for this conference was to help management and directors identify their organization's best growth strategy.”

The event’s keynote speakers included Harris Simmons, chairman, president and chief executive officer of Zions Bancorporation, and Terry Turner, president and chief executive officer of Pinnacle Financial Partners. Simmons spoke about the growing pains of Zions Bancorporation, a bank-holding company that operates more than 400 full-service offices throughout the western United States. Turner discussed the experiences involved with the sale of a $22 billion regional bank and the launch of a community bank.

Other speakers at the conference included investment bankers, attorneys and financial advisors such as William Seidman, former chairman of the FDIC and current chief commentator for CNBC and publisher of Bank Director magazine, and Alex Sheshunnoff, chief executive officer of Alex Sheshunoff Management Services.

Conference sponsors included Advest, Inc; Alex Sheshunoff & Co. Investment Banking; Alston & Bird LLP; Austin Associates, LLC; EMC Corporation; EMERGE International; Fox-Pitt, Kelton Inc.; Friedman, Billings, Ramsey & Co., Inc.; Goodwin Procter LLP; Graham & Dunn PC; Hovde Financial LLC; IntegraAdvisors LLC; Keefe, Bruyerte & Woods, Inc.; MarshBerry & Company, Inc.; McGuire Performance Solutions, Inc.; Pitney, Hardin, Kipp & Szuch LLP; Prospect Financial Advisors LLC; RSM McGladrey, Inc.; Ryan, Beck & Co. LLC; Sandler O’Neil & Partners LP; SNL Financial; and Winston & Strawn.

About Bank Director

Bank Director magazine is a leading information resource for officers and directors of financial institutions, credit unions, insurance companies and investment advisors. The quarterly publication addresses subjects that help directors fulfill their boardroom responsibilities, such as strategic planning, technology investments, executive compensation, risk management, corporate governance, and legal and accounting issues. The magazine also maintains the most comprehensive, up-to-date database of directors and officers serving on boards of financial institutions. Headquartered in Brentwood, Tennessee, Bank Director is published by Board Member Inc. and is the sister publication of Corporate Board Member magazine, a leading information resource for officers and directors of publicly traded companies. For more information, visit www.bankdirector.com.

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Press interested in attending future Bank Director and/or Corporate Board Member conferences should contact Jamie Tassa, corporate communications officer, at jtassa@boardmember.com or 615-309-3200.



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