M&T Bank Decreases Prime Rate

October 31, 2007 at 12:00 AM EDT

BUFFALO, N.Y., Oct 31, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Effective tomorrow, Thursday, November 1, 2007, M&T Bank will decrease its prime lending rate from 7.75% to 7.5%.

M&T Bank is the principal subsidiary of Buffalo-based M&T Bank Corporation (NYSE: MTB), which has offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, Delaware, and the District of Columbia.

Michael Zabel

(716) 842-5385

SOURCE M&T Bank

http://www.mandtbank.com

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