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Whitney Declares Quarterly Dividend

NEW ORLEANS, Feb. 23 /PRNewswire-FirstCall/ -- The Board of Directors of Whitney Holding Corporation (Nasdaq: WTNY) declared today a quarterly cash dividend of $.35 per share of common stock, payable on April 1, 2005 to shareholders of record as of March 15, 2005. This dividend is the same as the previous quarter's dividend and represents a $.02 per share, or 6%, increase over the quarterly dividend rate in the first quarter of 2004.

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.

SOURCE Whitney Holding Corporation

CONTACT: Thomas L. Callicutt, Jr. of Whitney Holding Corporation, 1-504-552-4591

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