Martin Partners Recruits Head of Marketing 
to ShoreBank
 
CHICAGO– April 19, 2003 - Martin Partners, L.L.C. announces the recruitment of Joleen Spencer to the position of Senior Vice President of Marketing at ShoreBank Corporation. Prior to ShoreBank, Ms. Spencer was the Vice President of Marketing for Harris Bank.

About ShoreBank Corporation

At $1.2 billion, ShoreBank is the largest subsidiary of ShoreBank Corporation. ShoreBank Corporation is America's first and leading community development and environmental banking corporation. ShoreBank is committed to building vibrant communities by providing financial services and information to create economic equity and a healthy environment. Headquartered in Chicago, Shorebank Corporation has banks and affiliated nonprofits in Chicago; Cleveland; Detroit; Ilwaco, Washington; and Portland, Oregon; business development services in Michigan's Upper Peninsula and consulting services around the world. For more information, visit www.ShoreBank-online.com.