THE COMPANY

PENNSYLVANIA TRUST ANNOUNCES NEW EMPLOYEE

RADNOR, PENNSYLVANIA - December 2007

Richardson T. Merriman, President and Chief Executive Officer of Pennsylvania Trust, is pleased to announce the addition of John M. Grib to the investment management staff of Pennsylvania Trust as Senior Vice President.

John brings over 25 years of experience in wealth advisory services including financial planning, personal trust and investment management.

John, a graduate of Lehigh University, holds the professional designations of Chartered Financial Analyst and Certified Financial Planner™. He is a graduate of the Pennsylvania Banker's Association Central Atlantic School of Trust and is a member of the CFA Institute, The CFA Society of Philadelphia, The Financial Planning Association and the FPA Philadelphia Tri-State Area Chapter. He currently holds his NASD Series 7 and Series 63 licenses. John is also a long-term contributor to KYW news radio 1060 providing daily stock market updates and commentary.

2007 INVESTOR SEMINAR

In October, over 200 clients and guests of Pennsylvania Trust attended our fourth annual Investor Seminar which featured a presentation by the Honorable William S. Cohen, former U.S. Secretary of Defense and three-term United States Senator. His illuminating presentation on the promises and perils of the new world put into perspective the responsibilities we face in a global economy.