Baltimore, December 14, 2005 — Provident Bank announces the promotion of Dana Jung to Vice President within its Risk Management Division. Jung, who will serve as the Sr. Business Continuity Analyst, will work out of Provident’s Rutherford Operations Center located in Baltimore.

Jung has more than 15 years of applicable project management, systems analysis and business continuity planning experience. She will be primarily responsible for directing and coordinating all business continuity activity for multiple business lines, and will identify and analyze key business processes to mitigate potential interruptions. Prior to joining Provident, Jung was employed as a Vice President with Riggs Bank in Riverdale, MD. Prior to that, she was a Vice President with Citibank in Washington D.C. Jung gained her early banking experience as a publications assistant with the Federal Reserve Board in Washington D.C.

"In my role, my goal is to make the process as seamless as possible for my clients, ensuring their personal safety and the protection of their business in the event of an outage or disruption," said Jung.

Jung holds a B.A. in Economics from Gettysburg College in Gettysburg, PA. and is a professional member of the Project Management Institute.

Originally from the Bowie, she currently resides in Silver Spring, MD.

Provident Bankshares Corporation is the holding company for Provident Bank, the second largest independent commercial bank headquartered in Maryland. With $6.4 billion in assets, Provident serves individuals and businesses in the key urban areas of Baltimore, Washington and Richmond through a network of 152 offices in Maryland, Virginia, and southern York County, PA. Provident Bank also offers related financial services through wholly owned subsidiaries. Securities brokerage, investment management and related insurance services are available through Provident Investment Center and leases through Court Square Leasing and Provident Lease Corp. Visit Provident on the web at www.provbank.com.