Hibernia Launches ``ReJazz New Orleans'' to Rebuild City; Campaign seeks nationwide donations to restore infrastructure of birth

Hibernia Bank (NYSE:HIB), the oldest name in Louisiana
banking, today announced the launch of "ReJazz New Orleans," a
charitable campaign to rebuild New Orleans and its infrastructure,
including schools, neighborhoods across the city and organizations
that enhance the quality of life. Brightly colored beads, typically
worn during Mardi Gras and a symbol of the true spirit of New Orleans,
are the tangible sign of support for donations made to ReJazz New
Orleans.
   Headquartered in New Orleans for more than 135 years, Hibernia
recognized as soon as Hurricane Katrina had struck the need to focus
on the city's infrastructure to ensure its rebuilding.
   "Through Hibernia's support, ReJazz New Orleans will be the
repository for the nationwide campaign to generate a broad
cross-section of support for this monumental rebuilding effort," said
Herb Boydstun, president and CEO of Hibernia. "The nation has seen the
devastation caused by Katrina, and all of us at Hibernia, along with
many others, want to make a difference in rebuilding New Orleans to
its former grandeur and reestablishing its unique character and
appeal.
   "We are proud to call New Orleans home, and we look forward to
helping bring our city back to full strength."
   The iridescent purple, green and gold Mardi Gras-themed beads --
including a specially created medallion acknowledging the date of
Hurricane Katrina and commemorating New Orleans as the birthplace of
jazz -- are available for purchase for $2 each at
www.rejazzneworleans.org. The exclusive medallion design of an
up-stretched arm holding a saxophone and a rising sun in the
background captures the true essence of New Orleans -- music, hope and
the "Laissez Le Bon Temps Rouler" (let the good times roll) attitude
the world loves about the city.
   The campaign launch coincides with several nationally planned
events highlighting assistance for evacuees and victims of the
hurricane. Proceeds from ReJazz New Orleans will shine a light on
rebuilding, restoring and reviving New Orleans.
   For bead purchase and campaign information, visit
www.rejazzneworleans.org or www.hibernia.com.
   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.