CORRECTING and REPLACING Johannes (Johs) Worsoe Given Expanded Duties and Will Join Executive Management CommitteeJOHANNES (JOHS

  
    
  
  
    
      Please replace the release with the following corrected version due to 
      multiple revisions to the text. The photo has been replaced as well.
    
    
      The corrected release reads:
    
    
      JOHANNES (JOHS) WORSOE GIVEN EXPANDED 
      DUTIES AND WILL JOIN EXECUTIVE MANAGEMENT COMMITTEE
    
    
      Union Bank of California Executive Vice President Johs Worsoe has been 
      appointed head of the bank’s institutional 
      services and asset management business lines and will be added to Union 
      Bank’s executive management committee, which 
      consists of the bank’s policy-making officers. 
      The appointments are effective January 1, 2007.
    
    
      As head of the bank’s Global Markets Group, 
      Worsoe’s expanded duties now include 
      overseeing the bank’s institutional services 
      and asset management businesses, responsibilities he’s 
      assuming with the retirement next month of Executive Vice President Piet 
      Westerbeek. Worsoe will now manage corporate trust, global custody, 
      retirement plan services and the bank’s 
      investment management subsidiary, Highmark Capital Management, Inc.
    
    
      In addition, Worsoe will continue to oversee global foreign exchange, 
      global derivatives and retirement solutions, and the bank’s 
      investment brokerage and insurance brokerage subsidiaries, UnionBanc 
      Investment Services, LLC, and UnionBanc Insurance Services, Inc. Worsoe 
      is now responsible for the majority of the bank’s 
      non-interest income, fee-generating businesses. Westerbeek, who has been 
      with the bank some 34 years, is assisting with the transition.
    
    
      Prior to joining Union Bank in March 2001, Worsoe spent six years at 
      Imperial Bank in Los Angeles where he managed the international 
      financial services division. From 1985-1995 Worsoe worked in various 
      capital markets related positions in Denmark, Spain and California 
      principally for the Scandinavian bank, Sydbank A/S and its wholly owned 
      California based subsidiary National Bank of Long Beach.
    
    
      A native of Denmark, Worsoe holds a Master of Business Administration 
      degree from the University of Southern California and a Bachelor of Arts 
      degree from the University of Phoenix. Worsoe is a graduate of the 
      Danish Banking School and he has attended an executive management 
      program at Harvard Business School. In addition to his duties at Union 
      Bank of California, Worsoe is the treasurer of the Boys & Girls Club of 
      Hollywood.
    
    
      Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank 
      holding company with assets of $52.6 billion at December 31, 2006. Its 
      primary subsidiary, Union Bank of California, N.A., had 321 banking 
      offices in California, Oregon and Washington, and 2 international 
      offices at December 31, 2006. The company's Web site is located at www.unionbank.com.