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Umpqua Bank Signs Agreement To Become Presenting Sponsor Of The Jeld-Wen Tradition Contact Terri Wheeler PORTLAND, Ore. (July 14, 2003) - Umpqua Bank is now the Presenting Sponsor of the JELD-WEN Tradition, according to Ed Ellis, tournament director. This will be the first year of a three-year commitment that the bank has made to the JELD-WEN Tradition. The JELD-WEN Tradition, the final major on the Champions Tour, will be played August 25-31, 2003 at The Reserve Vineyards and Golf Club in Aloha, Ore. The tournament marks the first time an official money PGA TOUR event has been played in Portland since 1982. "Umpqua is proud of its strong Oregon roots and growth throughout the Pacific Northwest," said Ray Davis, president and CEO of Umpqua Bank. "Becoming JELD-WEN Tradition's Presenting Sponsor is yet another way for us to stay committed to Oregon and take pride in the events that make this state such a wonderful place to live." "We are very pleased to welcome Umpqua Bank as the presenting sponsor of the JELD-WEN Tradition and are excited to work together with them," said Bob Turner, COO and executive vice president of JELD-WEN. "As two leading Oregon companies, this is a perfect partnership to help support what promises to be a great sports tradition in this state." About Umpqua Holdings Corporation Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of Umpqua Bank, an Oregon state-chartered bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. Umpqua Bank has 64 stores throughout Oregon and Southwest Washington. Umpqua Holdings also owns a retail brokerage subsidiary, Strand, Atkinson, Williams & York, Inc., which has nine locations throughout Oregon and Southwest Washington and offers brokerage services within Umpqua Bank stores. Additionally, Umpqua Holdings Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit www.umpquabank.com. About JELD-WEN JELD-WEN is the world's leading manufacturer of reliable and energy efficient windows and doors. They offer the broadest line of window and door products in the world, uniquely positioning the company to deliver on the top three priorities of the trade and consumers: reliability, energy performance and excellent value. Combined, JELD-WEN's brands have sold literally hundreds of millions of window and door units nationwide and globally. Based in Klamath Falls, Ore., JELD-WEN began as a small Oregon millwork plant in 1960 and has grown into a company with over 150 divisions and more than 20,000 employees worldwide. About the Champions Tour The Champions Tour is one of the PGA TOUR's three professional golf tours, and features the world's premier golfers age 50 and up. Since its inception in 1980 as the Senior PGA Tour with just two events, the Champions Tour has grown significantly. It has 31 official/Charles Schwab Cup events offering more that $52.8 million in official prize money in 2003. |