BUFFALO, N.Y., Feb 22, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- M&T Bank Corporation ("M&T") (NYSE: MTB) announced it has declared a quarterly cash dividend of $.45 per share on M&T's common stock. The dividend will be payable March 31, 2006 to stockholders of record as of the close of business on February 28, 2006.

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, Delaware, and the District of Columbia.

Investor Contact:  Donald J. MacLeod
                       (716) 842-5462

    Media Contact:     Michael C. Zabel
                       (716) 842-2311

SOURCE M&T Bank Corporation

Investors: Donald J. MacLeod, +1-716-842-5462, or Media: Michael C. Zabel,
+1-716-842-2311, both of M&T Bank Corporation

http://www.prnewswire.com

Copyright (C) 2006 PR Newswire. All rights reserved.

News Provided by COMTEX