CHZ Chittenden Corp

WOLFEBORO, N.H., June 20 /PRNewswire-FirstCall/ -- At its regular Board Meeting on June 19, 2007, the Board of Directors of Community Bank & Trust Company (OTC:CBNH) (BULLETIN BOARD: CBNH) voted to pay a regular quarterly dividend of $0.36 per share. This dividend is to be paid August 15, 2007 to stockholders of record on July 27, 2007. The Board of Directors also voted to pay a Special Dividend of $.48 per share of Community Bank & Trust Company stock. This dividend is also to be paid on August 15, 2007 to shareholders of record on July 27, 2007. On June 4, 2007, Community Bank & Trust Company and Chittenden Corporation (NYSE:CHZ) announced that they had signed a Definitive Merger Agreement whereby Community Bank & Trust Company will merge with and into Ocean National Bank, a Chittenden subsidiary, which is headquartered in Portsmouth, NH. Additional information about the proposed merger is contained in the Form 8-K dated June 4, 2007 filed by Community Bank & Trust Company, which can be accessed on the Company's website at http://www.communitybanknh.com/. Community Bank & Trust Company is a state chartered, full service, FDIC insured commercial bank headquartered in Wolfeboro with offices in Derry, Dover, Exeter, Hampstead, Hampton, Melvin Village, Nashua, Plaistow, and Wolfeboro, New Hampshire. Chittenden Corporation is a bank holding company headquartered in Burlington, Vermont. DATASOURCE: Community Bank & Trust Company CONTACT: Gregory A. Roark of Community Bank & Trust Company, +1-603-569-8400 Web site: http://www.communitybanknh.com/

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