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Wilmington Trust Adds Experts to Capital Markets Group
in Corporate Client Services Business

New staff members strengthen core administrative services offering

FOR IMMEDIATE RELEASE

Wilmington, DE, July 15, 2008 – Wilmington Trust announced today that it has hired 12 corporate trust experts in its Corporate Client Services (CCS) business to augment the administrative services it performs for corporate participants in capital markets transactions.

These staff additions follow investments Wilmington Trust has made in recent years to grow its CCS business, including introducing new products and services, strengthening existing operations, and expanding in Europe. The new staff members specialize in providing administrative services for corporate debt issuances; corporate debt defaults; mergers and acquisitions, including escrow services; and corporate restructurings, while offering other fiduciary and agency services. Their hiring also follows the addition of a group of corporate trust professionals brought on last year to perform administrative services for global project finance transactions, global and cross-border trusts, and other capital markets financing structures.

“Current stresses in the credit markets have given rise to the restructuring of many large-scale capital markets transactions,” said Ted T. Cecala, Wilmington Trust chairman and CEO. “This market force, combined with a shrinking number of capital markets service providers, presents an opportunity for CCS to grow in this attractive market segment.”

The new staff members will be led by Lon LeClair, a 15-year industry veteran who most recently headed a corporate products group for a major corporate trust services organization in Minneapolis. Mr. LeClair will be joined by colleagues Julie Becker, Joe Clark, Peter Finkel, Frank McDonald, Tim Mowdy, Joe O’Donnell, Jeff Rose, Kristin Schillinger, Jane Schweiger, Nick Tally, and Barbara Thomas.

“Despite a severe slowdown in some segments of the capital markets in recent months, including assetbacked securitizations and collateralized debt obligations, other segments, including corporate restructuring and bankruptcy trustee assignments, are growing,” said Jack Beeson, senior vice president and head of the Capital Markets Group in CCS. “Our new staff members add talent, depth, and experience to a capital markets team that, we believe, is among the premier providers of administrative services in the industry.”

Wilmington Trust’s CCS business is a leading provider of trustee, agency, administrative, and investment management services for institutional clients worldwide. Because Wilmington Trust does not participate in most corporate financing, securities underwriting, or certain advisory activities, the company is often selected as a preferred provider of the conflict-free services that many corporate clients require.

Wilmington Trust Corporation (NYSE: WL) is a financial services holding company that provides Regional Banking services throughout the mid-Atlantic region, Wealth Advisory Services for high-networth clients in 36 countries, and Corporate Client Services for institutional clients in 86 countries. Its wholly owned bank subsidiary, Wilmington Trust Company, which was founded in 1903, is one of the largest personal trust providers in the United States and the leading retail and commercial bank in Delaware. Wilmington Trust Corporation and its affiliates have offices in Arizona, California, Connecticut, Delaware, Florida, Georgia, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New York, Pennsylvania, South Carolina, Vermont, the Cayman Islands, the Channel Islands, London, Dublin, Frankfurt, Luxembourg, and Amsterdam.

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