Cambridge Bancorp Announces 10.7 Percent Increase in Quarterly Dividend

Business Wire, August 21, 2007

CAMBRIDGE, Mass. -- Cambridge Bancorp (OTCBB: CATC) announced that its Board of Directors has approved a 10.7 percent increase in the quarterly dividend from $0.28 per share to $0.31 per share. The dividend is payable October 1, 2007 to shareholders of record as of September 4, 2007.

Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are based in Cambridge, Massachusetts, in the heart of Harvard Square. Cambridge Trust Company is a 116-year-old Massachusetts chartered commercial bank with $799 million in total assets and nine Massachusetts locations in Cambridge, Concord, Lincoln, Weston, and Beacon Hill. Cambridge Trust Company is one of New England's leaders in wealth management with $1.5 billion in client assets under management. In addition, Cambridge Trust Company of New Hampshire offers wealth management services at two New Hampshire locations, Concord and Exeter.