SIVBE Svb Financial Grp. (MM)

SANTA CLARA, Calif., Dec. 29 /PRNewswire-FirstCall/ -- SVB Financial Group (NASDAQ:SIVBE) will host a conference call on Friday, December 30, 2005 at 2:00 p.m. (PST) (5:00 p.m. (EST)) to discuss the results of the restatement of certain of the Company's financial statements relating to revisions in the accounting treatment for its portfolio of equity warrant assets and other corrections to its accounting policies and practices made in connection with the restatement process. The Company expects to file with the Securities and Exchange Commission tomorrow, prior to the call, all four of the periodic reports required in connection with its restatement efforts: an amended annual report on Form 10-K/A for the fiscal year ended December 31, 2004 and an amended quarterly report on Form 10-Q/A for the fiscal quarter ended March 31, 2005, both of which include restated financial statements covering the years 2002, 2003 and 2004, and the first quarter of 2005, and restated selected financial information for 2000 and 2001; as well as quarterly reports on Form 10-Q for the quarters ended June 30, 2005 and September 30, 2005. Dial-in information: The conference call can be accessed by dialing 1-877-630-8512 and referencing "Silicon Valley Bank." Audio Webcast: A listen-only live webcast can be accessed at http://www.svb.com/ in the Investor Relations section of the website. Replay: A digitized replay of the conference call will be available beginning at approximately 4:30 p.m. (PST) on Friday, December 30, 2005, through 11:59 p.m. (PST), Wednesday, February 1, 2006, by dialing 1-866-403-7118. A replay of the webcast will also be available on http://www.svb.com/ beginning Friday, December 30, 2005. About SVB Financial Group For more than twenty years, SVB Financial Group, formerly Silicon Valley Bancshares, has been dedicated to helping entrepreneurs succeed. SVB Financial Group is a financial holding company that serves emerging growth and mature companies in the technology, life science, private equity and premium wine industries. Headquartered in Santa Clara, Calif., SVB Financial Group provides clients with commercial, investment, international and private banking services. The company also offers funds management, broker-dealer transactions, asset management and a full range of services for private equity companies, as well as the added value of its knowledge and networks worldwide. More information on the company can be found at http://www.svb.com/. Safe Harbor This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including the statement made above about the company's expectation of filing its periodic reports with the SEC, and its completion of the restatement. Management has in the past and might in the future make forward-looking statements orally to analysts, investors, the media and others. Forward-looking statements are statements that are not historical facts. Although management believes that the expectations reflected in these forward-looking statements are reasonable, and it has based these expectations on its beliefs, as well as its assumptions, such expectations may prove to be incorrect. Actual results could differ significantly from those expressed in or implied by management's forward- looking statements, due to the potential delisting of the company's securities despite the completed filings, the actual audit of the quarterly results, as well as changes in economic, business and regulatory factors and trends. All subsequent written or oral forward-looking statements attributable to the company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this release are made only as of the date of this release. The company does not intend, and undertakes no obligation, to update these forward-looking statements. DATASOURCE: SVB Financial Group CONTACT: Lisa Bertolet of Investor Relations, +1-408-654-7282, or Meghan O'Leary of Public Relations, +1-408-654-6364, both of SVB Financial Group Web site: http://www.svb.com/

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