Webster Financial Corporation Declares Dividend

               Webster Financial Corporation Declares Dividend

PR Newswire

WATERBURY, Conn., Oct. 22, 2012

WATERBURY, Conn., Oct. 22, 2012 /PRNewswire/ --Webster Financial Corporation
(NYSE: WBS), the holding company for Webster Bank, N.A., announced today that
its Board of Directors had declared a quarterly cash dividend of $.10 on its
common stock.

The dividend on the common shares will be payable on November 19, 2012, to
shareholders of record on November 5, 2012.

Webster also declared a regular quarterly cash dividend of $21.25 per share on
its 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock,
payable on December 17, 2012, to shareholders of record on December 1, 2012.

About Webster

Webster Financial Corporation is the holding company for Webster Bank,
National Association. With $20 billion in assets, Webster provides business
and consumer banking, mortgage, financial planning, trust and investment
services through 167 banking offices, 466 ATMs, 293 of which are owned by
Webster and 173 of which are branded, telephone banking, mobile banking, and
the Internet. Webster Bank owns the asset based lending firm Webster Business
Credit Corporation; the equipment finance firm Webster Capital Finance
Corporation; and provides health savings account trustee and administrative
services through HSA Bank, a division of Webster Bank. Member FDIC and equal
housing lender. For more information about Webster, including past press
releases and the latest annual report, visit the Webster website at
www.websterbank.com.

Media Contact: Investor Contact: 
Bob Guenther, 203-578-2391           Terry Mangan, 203-578-2318
rguenther@websterbank.com       tmangan@websterbank.com

SOURCE Webster Financial Corporation

Website: http://www.websterbank.com
 
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