Wilmington Trust Extends Delivery of Its Investment Management Expertise; Private Wealth Manager Offers Investors Seven New Mutual Funds.

WILMINGTON, Del. -- Wilmington Trust announced today that it is introducing seven new mutual funds to bring to a wider group of investors several investment strategies it has successfully provided high net worth individuals and families. The new funds include three lifestyle funds, one that invests exclusively in exchange-traded funds (ETFs), and three domestic equity funds.

The company's new lifestyle funds - Wilmington Conservative Asset Allocation Fund, Wilmington Moderate Asset Allocation Fund, and Wilmington Aggressive Asset Allocation Fund - are funds of funds. These funds combine Wilmington Trust's strategic asset allocation models with tactical portfolio rebalancing that is based on a forward-looking view of the capital markets, an approach that is uncommon in the investment management industry. They also provide investors with diversified portfolios targeted to specific levels of risk. Wilmington Trust's new Wilmington ETF Allocation Fund is a fund of ETFs and is patterned after a Wilmington Trust private offering.

"Our private clients value our dynamic approach to asset allocation, our strength in selecting outside investment managers, and our unique style of portfolio management," said Robert Balentine, head of investment management for Wilmington Trust's Wealth Advisory business. "The new Wilmington Funds allow us to extend our distinctive investment management talents to more investors."

The mutual fund launch is the first in many years for Wilmington Trust. It supports a strategic objective to leverage the company's investment management capabilities and coincides with what many industry observers believe is an impending retirement investment "rollover boom" as Baby Boomers begin retiring in large numbers.

"As they near the retirement phase of their lives, Baby Boomers are looking for ways to simplify their investment decisions," said Neil Wolfson, chief investment officer for Wilmington Trust's Wealth Advisory business. "Our lifestyle funds deliver on that demand. We make the asset allocation decisions and provide ongoing rebalancing of the portfolios. All that investors have to do is determine the level of risk that is appropriate for them."

The remaining new funds are Wilmington Mid-Cap Core Fund, Wilmington Small-Cap Growth Fund, and Wilmington Small-Cap Value Fund. They are managed by the company's equity management group using proprietary research models to construct portfolios, as opposed to the bottom-up style of selecting individual stocks typically found in actively managed equity funds. The group considers dozens of characteristics - or factors - associated with stocks in an effort to manage risk and add value to clients' portfolios.

Each of the seven new Wilmington Funds maintains an investor class of shares and an institutional class of shares. The funds will be available through defined contribution plans, mutual fund supermarkets, mutual fund wrap programs, and through representatives licensed with Wilmington Brokerage Services Company, the company's broker-dealer affiliate. Wilmington Trust has also added an investor class of shares to 12 of its existing mutual funds.

Wilmington Trust Corporation (NYSE:WL) is a financial services holding company that provides wealth management and specialized corporate services to clients throughout the United States and in more than 50 other countries, and commercial banking services throughout the Delaware Valley region. Its wholly owned bank subsidiary, Wilmington Trust Company, was founded in 1903 and is the 15th largest personal trust provider in the United States as well as the leading retail and commercial bank in Delaware. As of September 30, 2005, assets under management totaled $38.0 billion, including investment affiliates Roxbury Capital Management and Cramer Rosenthal McGlynn. Wilmington Trust Corporation and its affiliates have offices in California, Delaware, Florida, Georgia, Maryland, Nevada, New York, Pennsylvania, South Carolina, Vermont, the Cayman Islands, the Channel Islands, London, and Dublin, and other affiliates in Milan. For more information, visit www.wilmingtontrust.com.

Portfolio management responsibilities:

Wilmington Conservative Asset Allocation Fund, Wilmington Moderate Asset Allocation Fund, Wilmington Aggressive Asset Allocation Fund

Managed by a team led by Dorsey Farr, Ph.D., CFA(R), vice president and director of asset allocation and portfolio strategy, and joined by Robert Reiser, CFA(R), chief investment strategist and head of Wilmington Trust's Investment Strategy Team, and Samuel Fraundorf, vice president and director of manager research.

Wilmington ETF Allocation Fund

Managed by a team led by Mr. Reiser, and joined by Mr. Farr and Mr. Fraundorf.

Wilmington Mid-Cap Core Fund, Wilmington Small-Cap Growth Fund, Wilmington Small-Cap Value Fund

Managed by Wilmington Trust's equity management team, led by Rex Macey, CFA(R), vice president and director of equity management, and joined by Adrian Cronje, Ph.D., CFA(R), vice president and head of quantitative management, Andrew Hopkins, CFA(R), assistant vice president, and Vincent Rights, investment officer.

You should carefully consider the investment objectives, risks, charges, and expenses of the Wilmington Funds before investing. A prospectus with this and other information may be obtained by calling 800-336-9970. The prospectus should be read carefully before investing.

All funds are available through distributor Professional Funds Distributor, LLC and through Wilmington Brokerage Services Company, a Wilmington Trust affiliate. Rodney Square Management Corp., a Wilmington Trust affiliate, is the funds' investment adviser. The funds are not deposits of, or other obligations of, or guaranteed by Wilmington Trust or any other bank or entity. They are not insured by the FDIC or any other governmental agency.

Mutual funds involve risk, including loss of principal. Investments in small-cap and mid-cap securities are subject to risks due to small- and mid-cap companies being more vulnerable than larger companies to adverse business or economic developments. Small- and mid-cap securities also may be less liquid and more volatile than securities of larger companies.

The Wilmington ETF Allocation Fund is subject to stock market risk, which may result in the loss of principal. Investors must buy or sell ETF shares in the secondary market with the assistance of a stock broker. In doing so, the investor will incur brokerage commissions and may pay more than the net asset value when buying and receive less than the net asset value when selling.