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First Republic Bank Appoints Senior Relationship Manager

Former City National Banker David La Velle Joins Century City Office

August 22, 2007

SAN FRANCISCO – First Republic Bank (NYSE: FRC), a leading provider of private banking, private business banking and wealth management services, today announced that David La Velle has been appointed Senior Relationship Manager.

La Velle 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 1888 Century Park East in Los Angeles, California.

“David La Velle is a very successful banker who has a terrific record of helping clients achieve their financial objectives,” said Katherine August-deWilde, Executive Vice President and Chief Operating Officer of First Republic Bank. “David shares First Republic’s commitment to exceptional client service and will be a significant contributor to our team.”

Prior to joining First Republic, La Velle was Vice President and Investment & Trust Consultant, Private Client Services at City National Bank in Los Angeles. Before that, he was Certified Financial Manager and Financial Advisor at Merrill Lynch & Company in New York. La Velle earned a Bachelor of Arts degree in finance and business administration from Morehouse College in Atlanta, Georgia. He holds Series 7, 63 and 65 licenses.

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 wealth management subsidiaries include investment advisors First Republic Investment Management and First Republic Wealth Advisors, First Republic Trust Company, and First Republic Securities Company LLC, member FINRA/SIPC, a securities broker-dealer.

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 June 30, 2007, the Bank and its subsidiaries had total Bank assets and other managed assets of $34.1 billion. 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 www.firstrepublic.com.

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