Brookline Bancorp (BRKL) Appoints Paul A. Perrault as CEO

March 5, 2009 5:25 PM EST

Brookline Bancorp, Inc. (Nasdaq: BRKL) announces the election of Paul A. Perrault as Chief Executive Officer of Brookline Bancorp and its wholly-owned subsidiary, Brookline Bank, succeeding Richard P. Chapman, Jr. who is retiring after 35 years as Chief Executive Officer. Mr. Chapman will continue as Chairman of Brookline Bancorp and a director of Brookline Bancorp and Brookline Bank.

Mr. Perrault will become Chairman and Chief Executive Officer of Brookline Bank and President of Brookline Bancorp effective March 16, 2009 and Chief Executive Officer of Brookline Bancorp on April 16, 2009, the date of the quarterly meeting of the board of directors.

Mr. Perrault was the Chief Executive Officer from 1990 to 2008 of the Chittenden Corporation.

Brookline Bancorp, Inc. (Brookline) serves as the holding company for Brookline Bank (Brookline). Brookline operated eighteen full-service banking offices in Brookline, Medford and adjacent communities in Middlesex County and Norfolk County in Massachusetts.[SM]

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