Effective tomorrow, Thursday, November 1, 2007, M&T Bank will decrease its prime lending rate from 7.75% to 7.5%.

M&T Bank is the principal subsidiary of Buffalo-based M&T Bank Corporation , which has offices in New York, Pennsylvania, Maryland, Virginia, West Virginia, New Jersey, Delaware, and the District of Columbia.

CONTACT:

Michael Zabel

(716) 842-5385