1:30 p.m. CT Hurricane Rita Update, Thursday, Sept. 29: Hibernia Announces Branch Openings Following Hurricane Rita; ATMs, Onlin

Hibernia Bank (NYSE:HIB) today announced the following
news regarding its offices in Louisiana and Texas impacted by
hurricanes Rita and Katrina:

   In Louisiana:

   --  Offices in southwest Louisiana continue to re-open as local
        conditions permit, including the Welsh, Kinder, Oakdale,
        Oberlin and Jennings offices, which are open.

   --  Offices in Lafayette and Abbeville are open, with the
        exception of the Abbeville drive-up.

   --  In the New Orleans area, the St. Charles Avenue and General
        DeGaulle offices in Orleans Parish reopened today. Other
        branches in the region that had re-opened following Hurricane
        Katrina are still open.

   In Texas:

   --  Offices in the Beaumont, Orange and surrounding markets remain
        closed.

   --  All other locations in Texas are now open.

   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 34 Louisiana parishes and 36 Texas counties. Hibernia
Corporation's common stock (HIB) is listed on the New York Stock
Exchange.