Bank of New Hampshire increases cash dividend.

MANCHESTER, N.H.--(BUSINESS WIRE)--July 26, 1995--Bank of New Hampshire Corp. today announced that the company's board of directors has voted to increase its quarterly dividend from 15 cents per share to 18 cents per share.

On an annualized basis, Bank of New Hampshire Corp.'s dividend rate is now 72 cents per share. The dividend will be paid Sept. 15, 1995, to shareholders of record as of Sept. 1, 1995.

Davis P. Thurber, chairman, commenting on the increase in the dividend rate noted that, "This increase represents the third time in the past year our dividend has been adjusted upward and is reflective of our recently reported record second quarter earnings." Thurber also noted that the earnings for the second quarter translated into an annualized return on average assets of 1.42 percent, an all-time high for the company.

Bank of New Hampshire Corp. is the parent company of Bank of New Hampshire, the largest independent bank in the state with 29 banking offices throughout the southern, central, coastal and lakes regions of New Hampshire.

CONTACT: Bank of New Hampshire, Manchester

Gregory D. Landroche or Paul R. Shea, 603/695-3000