San Francisco Bay Area
		Population 3,096,000 Average Household Income $93,741 Number of Businesses 148,742 Major Industries: Professional Services, Technology, Tourism, Manufacturing, International Trade, Construction

As City National approaches a half-century of service to California, we have a great sense of accomplishment, pride and promise in our organization. Most importantly, City National has a clear vision for an even more productive and profitable future as California's Premier Private and Business Bank.

Sincerely,

BRAM GOLDSMITH Chairman, City National Corporation		RUSSELL GOLDSMITH Vice Chairman and CEO, City National Corporation Chairman and CEO, City National Bank

March 9, 2001