Bank Rhode Island Names Jeffrey W. Angus Chief Operating Officer.

PROVIDENCE, R.I. -- Bank Rhode Island announced today the appointment of Jeffrey W. Angus to the position of chief operating officer effective November 28, 2005. In this role, Angus will oversee the Operations, MIS, Administrative Services and Human Resources functions of the bank.

Angus, 50, joins the bank with nearly 30 years of business technology and operations management experience. Most recently he held the position of senior vice president information systems and corporate officer at New England Business Service (NEBS), a $750 million multi-channel supplier of business products and services to the small business market. Angus assessed, designed and drove technology support for 17 manufacturing plants, 11 call centers, seven e-Commerce sites and eight administrative locations.

"The COO position is critical to our continued growth and success," said Bank Rhode Island President and CEO Merrill Sherman. "Jeff will help us leverage and maximize the significant investments we have made in the operational infrastructure of the bank. His track record shows he successfully marries technological acumen with strategic business thinking to produce effective solutions that combine great customer service with measurable efficiencies."

Angus joins Chief Financial Offer Linda Simmons and Chief Business Officer Jim DeRentis as the executive team with Sherman leading the bank into its second decade. He replaces Don McQueen who in September announced his plan to leave the bank. McQueen remains as chief credit officer until his transition is completed.

"I am pleased to be joining Bank Rhode Island at such an exciting time," said Angus. "The bank has built a solid platform for growing to the next level. I look forward to advancing the bank's application of technology resources by developing and deploying strategic business technology solutions to meet the bank's business objectives."

Prior to his position at NEBS, Angus spent nine years at TJX Corporation, the leading off-price apparel and home fashions retailer in the U.S. and worldwide, rising from manager of technical services for the Hit or Miss brand, to vice president of MIS at Chadwick's of Boston. He began his career at Rhode Island Hospital Trust Bank in Providence, R.I.

Sherman noted, "As we enter our 10th year, our challenge is to grow Bank Rhode Island without losing what makes us successful - an entrepreneurial culture that delivers high-touch customer service and exceptional value to our business customers. Jeff's experience outside the banking industry adds a new and significant dimension to our thinking and execution."

Angus is a member of the Society for Information Management, the premier network for IT leadership, and was a member of the NEBS team awarded the 2000 CIO Magazine Award for Innovation in CRM (customer relationship management) systems. He resides in Cumberland, R.I., and is a former member of the boards of the Providence Diocese Catholic Social Services and St. Leo the Great School in Pawtucket. R.I.

Bank Rhode Island, a wholly-owned subsidiary of Bancorp Rhode Island, Inc. (NASDAQ:BARI), is a full-service, FDIC-insured financial institution headquartered in Providence, Rhode Island. The Bank operates 16 branches throughout Providence, Kent and Washington Counties. As of September 30, 2005, Bancorp Rhode Island's total assets stood at $1.4 billion and total deposits were $961.5 million.