Ray Mack Appointed Managing Director

SAN FRANCISCO, April 19 /PRNewswire-FirstCall/ -- First Republic Bank , a leading provider of wealth management, private banking and private business banking services, today announced that Ray Mack, a banking professional with 30 years of experience in San Jose, has been appointed Managing Director.

Mack will work with high net worth individuals and families, providing private banking, private business banking, investment management and trust services, and real estate lending at the Bank's office at 1625 The Alameda in San Jose.

"Ray Mack knows the San Jose area very well and has a long track record of success in helping individuals and families achieve their financial goals," said Katherine August-deWilde, Executive Vice President and Chief Operating Officer of First Republic Bank. "Ray is a terrific addition to the team and shares First Republic's commitment to exceptional client service."

Prior to joining First Republic, Mack worked for Wells Fargo Bank for 10 years as Vice President and Senior Private Banker in San Jose. Before that, he worked for a number of financial institutions in the San Jose area. Mack earned a Bachelor of Science degree in Finance from the University of California, Berkeley.

First Republic Bank has offices in the San Francisco Bay Area, throughout California, and in Portland, Seattle, Las Vegas, Boston and New York. First Republic's investment advisory subsidiaries include Trainer Wortham & Co., Froley, Revy Investment Co., Starbuck, Tisdale & Associates, and First Republic Wealth Advisors. First Republic Trust Company offers comprehensive trust and wealth management services. First Republic Securities Company LLC, member NASD/SIPC, is a securities broker-dealer that provides a wide range of investment products and services.

About First Republic Bank

First Republic Bank is a NYSE-traded, private bank and wealth management firm. The Bank and its subsidiaries specialize in providing personalized, relationship-based services, including private banking, private business banking, investment management, trust, brokerage and real estate lending. As of December 31, 2006, the Bank and its subsidiaries had total Bank assets and other managed assets of $34.2 billion, an increase of 24% from last year. First Republic Bank provides access to its services online and through preferred banking or trust offices in ten major metropolitan areas: San Francisco, Los Angeles, Santa Barbara, Newport Beach, San Diego, Las Vegas, Portland, Seattle, Boston and New York City. More information is available on the Bank's website at http://www.firstrepublic.com/.