FOR IMMEDIATE RELEASE

Wainwright Bank / Trillium Conclude Agreement

Boston, MA, November 12, 1997 - Wainwright Bank & Trust Company ('Wainwright') (NASDAQ symbol 'WAIN') and Trillium Asset Management ('Trillium') (formerly known as Franklin Research & Development Corporation) announced today that they have reached an agreement in principle providing for Wainwright's investment of approximately $1.7 million in preferred stock, which when converted, will constitute approximately 30% of Trillium's equity. The transaction is subject to negotiation of a binding stock purchase agreement and certain other conditions.

Founded in 1982, Trillium Asset Management, is the oldest and largest investment management firm specializing solely in the field of socially responsible investing. A pioneer in this field, Trillium has approximately $500 million under management and provides its clients competitive financial returns along with innovative and effective avenues to positively influence the direction of our economy. The company has founded the Social Investment Forum, a professional association working to build broader understanding and support for social investing, and the Coalition for Environmentally Responsible Economies (CERES), sponsors of the CERES Principles, a corporate code of environmental conduct.

Founded in 1987 Wainwright Bank is a socially responsible commercial bank with approximately $325 million in total assets at September 30, 1997. Net income for the first nine months of the year was a record $2,091,000 or $.43 per share. Much of Wainwright's success is attributed to its socially responsible business philosophy of providing value to all stakeholders including customers, employees and the communities it serves. The Bank has committed over $60 million of its loan portfolio to local community development projects, small business lending, and mortgages for low and moderate income residents. Women and minorities comprise nearly 50% of the Bank's directors and officers.

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