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For immediate release: June 25, 2007

Milling Appointed to the Federal Reserve Bank of Atlanta's New Orleans Branch Board of Directors

R. King Milling, vice chairman of Whitney Holding Corp. and Whitney National Bank in New Orleans, La., has been appointed to the board of directors of the Federal Reserve Bank of Atlanta’s New Orleans Branch. Milling will complete the unexpired term of J. Herbert Boydstun, which expires Dec. 31, 2008.

Milling served as president of Whitney Holding Corp. and Whitney National Bank from 1984 until March 2007, when he assumed his current duties. Prior to joining Whitney, Milling was a partner at the law firm of Milling, Benson, Woodward, Hillyer, Pierson & Miller, which he joined in 1965.

Milling is a member of the Louisiana State Bar Association and the Financial Services Roundtable and is director of the Louisiana Disaster Recovery Foundation. He is also chairman of the Governor’s Advisory Commission on Coastal Restoration and Conservation and is a board member of several organizations, including Louisiana State University’s Health Sciences Center, Dillard University, the Greater New Orleans Education Foundation and the Tulane Law School dean’s advisory board. Milling earned a bachelor’s degree from Washington and Lee University and a bachelor of laws degree from Tulane University.

Federal Reserve Bank of Atlanta branch directors provide economic information from the branch territory to the district Bank’s president and head office directors, who use the information in formulating monetary policy and making discount rate recommendations. Milling was appointed to the board of directors of the Federal Reserve Bank of Atlanta’s New Orleans Branch by the Atlanta Fed’s board of directors. The Board of Governors appoints three of the directors of the New Orleans Branch, and the Atlanta head office directors appoint four.