1:30 p.m. CT Hurricane Rita Update, Monday, Sept. 26: Hibernia Announces Branch Openings Following Hurricane Rita; ATMs, Online

Hibernia Bank (NYSE:HIB) today announced the following
news regarding its branch and non-branch locations in Texas and
Louisiana following Hurricane Rita:

   In Texas:

   --  In Beaumont, Orange and surrounding markets: closed.

   --  In Houston: most offices are open. A few offices are closed as
        employees who work in those locations return to the city
        following the evacuation.

   --  In the Rio Grande Valley and Austin: all offices open.

   --  Back-office support areas in Houston: open.

   --  Elsewhere in Texas: open. However, there could be spotty
        closings based on local conditions.

   In Louisiana:

   --  All offices in Calcasieu and surrounding parishes: closed. The
        main offices in New Iberia and Franklin are closed because of
        power outages, but the remote drive-ups are open. Offices in
        Lafayette and Abbeville are open.

   --  In Terrebonne, Lafourche, Assumption, St. James and St.
        Charles parishes: all offices open, except the Chauvin office
        in Terrebonne Parish.

   --  In East Baton Rouge, Assumption, Livingston and Tangipahoa
        parishes: all offices open.

   --  In the New Orleans area: Offices that had re-opened following
        Hurricane Katrina remain open.

   --  All other Louisiana markets: open, but there could be a few
        closings.

   In both states:

   --  Employees who are able to work, even if they are not
        physically at their normal work locations because of
        evacuations, are needed in both branch and non-branch offices.
        Those employees should contact their managers for work site
        assignments.

   Customers in all of these markets have the option of using
Hibernia ATMs and the bank's Internet banking service at
www.hibernia.com.
   Hibernia employees in areas affected by Hurricane Rita should call
the bank's Employee Emergency Information Line frequently for updates
on any impact on Hibernia's offices and operations. Customers may call
1-877-706-4233 for a recorded update on storm impact or 1-800-262-5689
to reach Hibernia's customer service agents.
   Hibernia is on Forbes magazine's list of the world's 2,000 largest
companies and Fortune magazine's list of America's top 1,000 companies
according to annual revenue. Hibernia has $22.1 billion in assets and
321 locations in 36 Texas counties and 34 Louisiana parishes. Hibernia
Corporation's common stock (HIB) is listed on the New York Stock
Exchange.