Sterling National Forms Business Network Group

Sterling National Bank, a wholly owned subsidiary of Sterling Bankcorp, New York, announced the
formation of the Sterling Business Network Group. The new organization will partner with
professional advisors to deliver a broad array of value-added banking products to its medium-sized
clients. The group plans to aggressively develop new relationships with qualified businesses by
teaming up with professionals including CPAs, attorneys and investment advisors.Sterling Business
Network Group will be headed by Edwin J. Sirlin, senior vice president, supported by Robert S.
Derbabian, vice president.

June 1999