M&T Bank Decreases Prime Rate

March 18, 2008 at 12:00 AM EDT

BUFFALO, N.Y., March 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- M&T Bank will decrease its prime lending rate from 6.00% to 5.25% effective Wednesday, March 19, 2008.

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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