Leslie D. Owen Named New Retail Market Segment Manager at Union Bank of California

Business Wire, Oct 26, 2006

SAN FRANCISCO -- Leslie D. Owen has been named senior vice president and segment manager for the newly-created retail market segment management team at Union Bank of California, N.A. She will report to Joseph M. Petitti, executive vice president and head of retail segment management. Her responsibilities include supporting Petitti in developing strategies to target and deepen the bank's relationships with consumers.

"Union Bank is very fortunate to have an experienced banker like Leslie join our team," said Petitti. "With 25 years of banking and financial services experience in both product and segment marketing, she has a proven track record as a leader and will be an effective champion for tailoring products and services to meet customers' needs across their lifetime."

Most recently vice president of asset management products and services for Charles Schwab & Co., Inc., Owen began her career in Los Angeles at the former Security Pacific National Bank and quickly rose up the ranks in operations, international and retail banking. In l992, she joined Charles Schwab as a senior product manager in retail marketing at the firm's San Francisco office. A year later, she was named marketing director for Schwab Institutional and served in that position until l997, when she was promoted to vice president for the group.

Owen obtained her B.A. degree from the University of California at Berkeley and also studied at the Institute for American Universities in France. She received an M.B.A. degree from Duke University and is a licensed broker and securities principal. Owen and her family reside in Mill Valley.

Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank holding company with assets of $52 billion at September 30, 2006. Its primary subsidiary, Union Bank of California, N.A., had 320 banking offices in California, Oregon and Washington, and 2 international offices at September 30, 2006. The company's Web site is located at www.unionbank.com.