Whitney Declares Quarterly Dividend

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Wed Aug 27, 2008 3:31pm EDT 

NEW ORLEANS, Aug. 27, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of Whitney
Holding Corporation (Nasdaq:WTNY) declared today a quarterly cash dividend of
$.31 per share of common stock, payable on October 1, 2008 to shareholders of
record as of September 15, 2008.

This dividend represents a $.02 per share, or 7%, increase over the quarterly
dividend rate paid in 2007's third quarter. The dividend represents an
annualized dividend yield of 6.1% based on Whitney's August 26, 2008 closing
price.

Whitney Holding Corporation, through its banking subsidiary Whitney National
Bank, serves the five-state Gulf Coast region stretching from Houston, Texas;
across southern Louisiana and the coastal region of Mississippi; to central and
south Alabama; the panhandle of Florida; and the Tampa Bay metropolitan area of
Florida.

(WTNY-D)

-0-
CONTACT:  Whitney Holding Corporation
          Trisha Voltz Carlson
          504/299-5208
          tcarlson@whitneybank.com
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