Wilmington Trust Corporate Retirement Services Names Ashley Melton VP, Business Development Officer.

Business Editors

WILMINGTON, Del.--(BUSINESS WIRE)--Aug. 14, 2003

The Corporate Retirement Services division of Wilmington Trust, one of the nation's leading providers of wealth management and corporate client services, announced that it has promoted Ashley Melton to vice president, business development officer.

In her new position, Ms. Melton is responsible for marketing Wilmington Trust's employee benefit and corporate custody services to plan sponsors, foundations, endowments and third-party intermediaries throughout the United States. Previously, Ms. Melton was a manager in the Trust, Custody and Development section where she helped oversee service delivery to Wilmington Trust's corporate retirement clients. She was also responsible for product development.

"Ashley is a terrific addition to our sales team," said Donald MacKelcan, senior vice president of Client Development, Corporate Client Services. "She has impeccable credentials in the retirement industry and is highly respected by her clients and colleagues. The success that has characterized her career thus far will serve her well in this new position."

Ms. Melton joined Wilmington Trust in 2001 from ING Group where she was vice president and the lead manager for the company's qualified retirement plan group. In this position she held oversight responsibility for all of ING's qualified retirement products and personnel, including sales, operations and administration. She was also an investment analyst with CMS Companies, a private investment advisory firm. Ms. Melton spent the first 10 years of her career with the Vanguard Group, where she was an account manager responsible for many of the firm's leading defined contribution clients and led service teams. Her earlier positions at Vanguard included senior trust accountant, market analyst and fund accountant.

"Wilmington Trust is a premier provider of retirement plan services," said Ms. Melton. "We have an experienced team of retirement plan professionals who are deeply committed to their clients. I am proud to be part of this group."

Wilmington Trust provides directed and discretionary trust and custody services for more than 1,300 clients across a variety of qualified and non-qualified employee benefit plans, including defined benefit plans, defined contribution plans, profit sharing plans, money purchase pension plans, 403(b)s, 457s and Taft-Hartley plans, among others.

Wilmington Trust Corporation (NYSE: WL) is a financial services holding company that provides wealth management and specialized corporate services to clients throughout the U.S. and in more than 50 other countries, and commercial banking services throughout the Delaware Valley region. Its wholly owned bank subsidiary, Wilmington Trust Company, which celebrates its 100th anniversary in 2003, is the 15th largest personal trust provider in the United States. As of June 30, 2003, assets under management totaled $30.9 billion, including investment affiliates Roxbury Capital Management and Cramer Rosenthal McGlynn. Wilmington Trust and its affiliates have offices in California, Delaware, Florida, Georgia, Maryland, Nevada, New York, Pennsylvania, Tennessee, the Cayman Islands, the Channel Islands and London, and other affiliates in Dublin and Milan. For more information, visit www.wilmingtontrust.com.