Wilmington Trust Names Executive to Lead European Business; Christophe Schroeder Hired to Expand Service Offerings, Jurisdictional Capabilities

Mr. Schroeder is based in London and responsible for managing allaspects of CCS' European sales, service, and operations. His role isto expand Wilmington Trust's service offerings and jurisdictionalcapabilities on the continent.

"Much of the growth in our Corporate Client Services business inrecent years has come from Europe, where the market for assetsecuritizations has been strong," said Ted T. Cecala, chairman and CEOof Wilmington Trust. "Further opportunities exist in Europe toleverage our core services by introducing new products and enteringnew markets."

From offices in the United States, London, Dublin, the CaymanIslands, and the Channel Islands, Wilmington Trust is a leadingprovider of fiduciary and entity management services to clientsworldwide. The company also offers these services through allianceswith providers in Italy, Germany, Luxembourg, and the Netherlands.Wilmington Trust has been active in European markets since its 2002acquisition of SPV Management Limited, a pioneer of the Europeansecuritization community now known as Wilmington Trust SP Services(London) Limited.

Mr. Schroeder joins Wilmington Trust from Wachovia Bank, where heserved as senior vice president and sales manager in the CapitalManagement Group. There he held global responsibility for generatingnew business, developing new institutional trust products, and formingstrategic alliances with key service providers. Mr. Schroeder has alsoworked at other global financial services organizations during thecourse of his career in structured finance. A native of France, Mr.Schroeder received his education in the United States at theUniversity of New Hampshire, from which he earned an undergraduatedegree, and at American University in Washington, D.C., from which heearned an MBA in International Finance.

"Christophe's extensive knowledge of the global capital marketsand his relationships with market participants will help us continueour momentum in Europe and provide valuable leadership in theexecution of our strategy," said Bill Farrell, executive vicepresident and head of Wilmington Trust's CCS business.

Wilmington Trust's capital markets services include trustee,agency, and administrative activities that support asset-backedsecuritizations, trust-preferred issues, capital equipment leasing,other specialized financing structures, and corporate restructurings.Its entity management services include corporate governance,registered agent, bookkeeping, regulatory reporting, captive insurancemanagement, and other services that help clients achieve legalstanding in advantageous jurisdictions. Wilmington Trust does notparticipate in most corporate financing, securities underwriting, orcertain other advisory activities, which allows it to provideconflict-free services that many corporate clients require.

Wilmington Trust Corporation (NYSE:WL) is a financial servicesholding company that provides wealth management and specializedcorporate services to clients throughout the United States and in 85other countries, and commercial banking services throughout theDelaware Valley region. Its wholly owned bank subsidiary, WilmingtonTrust Company, which was founded in 1903, is one of the largestpersonal trust providers in the United States and the leading retailand commercial bank in Delaware. Wilmington Trust Corporation and itsaffiliates have offices in California, Delaware, Florida, Georgia,Maryland, Nevada, New Jersey, New York, Pennsylvania, South Carolina,Vermont, the Cayman Islands, the Channel Islands, London, and Dublin.For more information, please visit www.wilmingtontrust.com.