BUFFALO, N.Y., Nov 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

M&T Bank Corporation ("M&T") (NYSE: MTB) announced it has declared a quarterly cash dividend of $.70 per share on its common stock. The dividend will be payable December 31, 2008 to stockholders of record at the close of business on December 1, 2008.

M&T is a bank holding company whose banking subsidiaries, M&T Bank and M&T Bank, National Association, operate branch offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, Delaware, and the District of Columbia.

    Investor Contact:  Donald J. MacLeod
                       (716) 842-5138

    Media Contact:     C. Michael Zabel
                       (716) 842-5385

SOURCE M&T Bank Corporation

http://www.mandtbank.com

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