AFP Announces Union Bank of California Becomes Accredited Provider of AFP Service Codes

Union Bank of California Among Leaders in Bank Relationship Management

Bethesda, MD—October 10, 2005—The Association for Financial Professionals (AFP) announced today that Union Bank of California will be recognized as an AFP Service Codes Accredited Provider.

The AFP Service Codes are the industry standard for identifying balances and service charges that appear on bank account analysis statements. The AFP Service Codes Accredited Provider Program was designed to increase standardization in bank reporting and to help companies identify banks that have demonstrated a commitment to meeting their relationship management needs.

“Having our service codes accredited by the AFP further supports our efforts to help customers make more informed treasury decisions when evaluating cash management services for their business." said Alok Ahuja, Senior Vice President of Product Management at Union Bank of California. “We are proud to receive this accreditation from a distinguished industry association such as the AFP.”

Corporate treasury places a premium on the rapid and efficient processing of information. The AFP Service Codes bring efficiency to the management of bank compensation by facilitating automated reviews of account analysis statements.

"We commend Union Bank of California for its commitment to improved standardization in bank compensation reporting” said AFP President and CEO Jim Kaitz. “This commitment distinguishes Union Bank of California as a leader in corporate treasury management.”

Based in San Francisco, UnionBanCal Corporation (UB:NYSE) is a bank holding company with assets of $51.2 billion at June 30, 2005. Its primary subsidiary, Union Bank of California, N.A., had 318 banking offices in California, Oregon and Washington, and 21 international facilities, at June 30, 2005. The company's Web site is located at www.uboc.com.

The Association for Financial Professionals in Bethesda, Maryland supports more than 14,000 individual members from a wide range of industries through all stages of their careers in treasury and financial management. AFP is the preferred resource for financial professionals for continuing education, financial tools and publications, career development, certification, research, representation to legislators and regulators and the development of industry standards. For more information about AFP visit http://www.AFPonline.org.