SVB Financial Group to Offer $200 Million Convertible Senior Notes

SANTA CLARA, Calif., March 31, 2008 (PRIME NEWSWIRE) -- SVB Financial Group
(Nasdaq:SIVB) announced today that it proposes to offer $200 million of
convertible senior notes, subject to market conditions and other factors. The
notes would be due in 2011 and are to be offered and sold to qualified
institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as
amended. SVB Financial Group also intends to grant to the initial purchaser of
the notes the right to purchase up to an additional $50 million principal amount
of notes solely to cover over-allotments.

The notes will be unsecured, unsubordinated obligations of SVB Financial Group,
will pay interest semi-annually, and will be convertible upon satisfaction of
certain conditions. The notes will be initially convertible, subject to certain
conditions, into cash up to the principal amount of notes and, with respect to
any excess conversion value, into shares of SVB Financial Group's common stock
or cash or a combination thereof, at SVB Financial Group's option. Holders of
the notes will have the right to require SVB Financial Group to repurchase for
cash all or some of their notes upon the occurrence of certain events. The
interest rate, conversion rate, offering price and other terms are to be
determined by negotiations between SVB Financial Group and the initial
purchaser.

SVB Financial Group expects to enter into convertible note hedge transactions
with counterparties, one of which is an affiliate of the initial purchaser of
the notes (the "hedge counterparties") and intends to use a portion of the net
proceeds from this offering to pay for the convertible note hedge transactions.
SVB Financial Group also expects to enter into separate warrant transactions
with the hedge counterparties, which would result in additional proceeds to SVB
Financial Group, and would partially offset the cost of the convertible note
hedge transactions. In connection with the convertible note hedge and warrant
transactions, the hedge counterparties have advised SVB Financial Group that
they or their affiliates may enter into various derivative transactions with
respect to the common stock of SVB Financial Group, concurrently with or shortly
following pricing of the notes. These activities could have the effect of
increasing or preventing a decline in the price of the common stock of SVB
Financial Group concurrently or following the pricing of the notes. In addition,
the hedge counterparties or their affiliates may from time to time, following
the pricing of the notes, enter into or unwind various derivative transactions
with respect to the common stock of SVB Financial Group and/or purchase or sell
common stock of SVB Financial Group in secondary market transactions (and are
likely to do so during any observation period relating to the conversion of the
notes). These activities could have the effect of decreasing the price of the
common stock of SVB Financial Group and could adversely affect the price of the
notes during any observation period related to the conversion of notes.

SVB Financial Group expects to use (i) approximately $150 million of the net
proceeds of the offering to cash settle that portion of its conversion
obligation due upon conversion of its Zero Coupon Convertible Subordinated Notes
due 2008 equal to the principal amount of those notes, or, to the extent not
converted, to otherwise repay the principal amount of those notes when they
become due on June 15, 2008, (ii) a portion of the net proceeds for the cost of
the convertible note hedge transactions described above after such cost is
offset by the proceeds of the warrant transactions described above, and (iii)
any remaining net proceeds for general corporate purposes. SVB Financial Group
intends to use any proceeds from the exercise of the over-allotment option by
the initial purchaser to enter into additional convertible note hedge
transactions and for general corporate purposes. If the initial purchaser
exercises the over-allotment option, SVB Financial Group will also enter into
additional warrant transactions, which would result in additional proceeds to
it.

This announcement is neither an offer to sell nor a solicitation of an offer to
buy any of these securities (including the shares of SVB Financial Group common
stock into which the notes are convertible) and shall not constitute an offer,
solicitation or sale in any jurisdiction in which such offer, solicitation or
sale is unlawful.

The notes have not been registered under the Securities Act of 1933, as amended,
or any state securities laws and may not be offered or sold in the United States
absent registration or an applicable exemption from such registration
requirements.

About SVB Financial Group:

For 25 years SVB Financial Group and its subsidiaries, including SVB Silicon
Valley Bank, have been dedicated to helping entrepreneurs succeed. SVB Financial
Group is a financial holding company that serves emerging growth and mature
companies in the technology, life science, private equity and premium wine
industries. Offering diversified financial services through SVB Silicon Valley
Bank, SVB Analytics, SVB Capital, SVB Global and SVB Private Client Services,
SVB Financial Group provides clients with commercial, investment, international
and private banking services. The company also offers funds management,
broker-dealer transactions, asset management and a full range of services for
private equity companies, as well as the added value of its knowledge and
networks worldwide. Headquartered in Santa Clara, Calif., SVB Financial Group
serves clients around the world through 27 U.S. offices as well as operations in
China, India, Israel and the UK.

Cautionary Statement:

The statements in this release relating to the terms and timing of the proposed
offering and the expected use of proceeds from the offering are forward-looking
statements made pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. These statements involve risks and uncertainties
that could cause actual results to differ materially, including, but not limited
to, whether or not SVB Financial Group will offer the notes or consummate the
offering, the final terms of the offering, prevailing market conditions, the
anticipated principal amount of the notes which could differ based upon market
conditions, the anticipated use of the proceeds of the offering which could
change as a result of market conditions or for other reasons, the fact that
future share repurchases will depend upon market conditions, interest rates and
corporate considerations and the impact of general economic, industry or
political conditions in the United States or internationally.

Stockholders of SVB Financial Group are cautioned not to place undue reliance on
its forward-looking statements, which speak only as of the date such statements
are made. SVB Financial Group does not undertake any obligation to publicly
update any forward-looking statements to reflect events, circumstances or new
information after this March 31, 2008 press release, or to reflect the
occurrence of unanticipated events.

-0-
CONTACT: SVB Financial Group
Meghan O'Leary
408-654-6364