CBT to Offer Investment Services

The Connecticut Bank and Trust Company, (Nasdaq: CTBC),
announced today it has entered into a Non-deposit Investment Product
Networking Agreement with Raymond James Financial Services, Inc
("RJFS") of St Petersburg, Florida.
   Under this Agreement, RJFS will establish representative offices
at selected CBT branch locations. The first such location is CBT's
Hebron Avenue Office in Glastonbury (phone: [phone]).
   Robert P. Peters has joined CBT as Senior Vice President and will
serve as the RJFS Branch Manager. Bob is a resident of Wethersfield,
Connecticut. He is a Financial Advisor who brings many years
experience with him to CBT. Prior to joining CBT, he was employed by
Wachovia Securities. His office is located in the Glastonbury Branch.
   CBT Chairman & CEO David A. Lentini remarked, "Banks, today, must
be responsive to customer needs. Our clients have told us they want to
have choices when it comes to managing their money. CBT's RJFS
Advisors will provide a full range of investment products including
stocks, bonds and mutual funds for both investment accounts and IRAs.
We are all very excited having a professional like Bob join the CBT
Team and about the new products we can now offer to CBT customers."
   Securities are offered exclusively through Raymond James Financial
Services, Inc., Member NASD/SIPC, an independent broker/dealer, and
are not insured by FDIC or any other bank insurance, are not deposits
or obligations of the bank, are not guaranteed by the bank, and are
subject to risks, including the possible loss of principal.

   CBT is a full service commercial bank headquartered in Hartford,
CT, with branch offices conveniently located in Glastonbury, Vernon
and West Hartford.