ATLANTA, The Atlanta Women's Foundation (AWF), in
partnership with Kaiser Permanente of Georgia and the Women's Sports
Foundation, will present grants totaling $168,000 to 14 local girl-serving
organizations as part of the GoGirlGo! Atlanta initiative on Thursday , May 26,
during a noon luncheon at the City Grill in downtown Atlanta's Hurt Building
(50 Hurt Plaza).

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The GoGirlGo! Atlanta project encourages young girls to lead healthier,
safer and more productive lives by engaging in physical activity.

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Agency Amount of Grant
Agape Community Center $6,550
Atlanta Girls' School $16,443
Carver Family YMCA $12,500
Communities in Schools of Atlanta $2 ,957
Cool Girls $11,550
East Lake Community Foundation $23,750
East Lake Family YMCA $10,000
Girls Incorporated of Greater Atlanta $6,550
Harvester Community Development Corporation $25,000
Girl Scout Council of Northwest Georgia $15,000
Leadership And Development of our Youth in Sports $6,700
Soccer in the Streets $15,000
Southwest Family YMCA $6,000
Tennis in the Hood $10,000

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Under Mr.

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, ("Sovereign") (NYSE: SOV), is the parent company
of Sovereign Bank, a $59 billion financial institution with more than
650 community banking offices, over 1,000 ATMs and approximately 9,500 team
members in the Northeast United States.

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In this role he has total responsibility
for all bank operations in the New England region.

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Campanelli.

About United Ways of New England
UWONE is an area-wide fund-raising organization of local United Ways in
eastern and central New England, offering one-stop shopping for large
companies with multiple sites.

GoGirlGo! Atlanta Project Kicks Off With Grants to 14 Local Community Agencies

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Mr.
Understanding that many donors want to give where they live, UWONE gives these
individuals a way to do just that. Officials
from the following agencies will be on hand to accept the awards.

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Sovereign is the 18th largest banking institution
in the United States.

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"

About Sovereign Bank
Sovereign Bancorp, Inc.

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BOSTON, Joseph P.

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Campanelli assumed the title of chief executive officer for Sovereign
Bank New England in January 2005.

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Sovereign Bank's Joseph P. Campanelli Named Campaign Chairman for United Ways of New England

"Partnering with
other civic-minded leaders from across our community to support people in
reaching their own limitless potential makes the greatest impact on the
long-term productivity of our society.

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"
Mr. Sovereign offers a broad array of
financial services and products including retail banking , business and
corporate banking, cash management, capital markets, trust and wealth
management and insurance. Now one
organization can represent the work/live patterns of employees in the area . Over the
next three years, a total of $500,000 in grants will be distributed.

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Campanelli, vice chairman ,
Sovereign Bancorp, and president + chief executive officer, Sovereign Bank New
England, has been named the 2005 campaign chairman for United Ways of New
England (UWONE).
UWONE's chief professional officer, Peter Thomas, said, "Joe brings a rich
career in financial service and management and a lifelong commitment to the
community.
"I am honored to help lead the efforts of this high -performance, values-
driven, community impact organization," said Mr.

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We are fortunate to have his leadership as we continue our work
providing hope and opportunity for children and families facing multiple
obstacles across our region.

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Campanelli's leadership UWONE staff and volunteers
will work with over 30 of the largest companies throughout the New England
region to raise funds that support programs helping to strengthen families and
nurture children and youth. Campanelli is also an
active member of the community, serving on various professional, civic and
charitable organizations and is recognized as an innovative leader. Started in 1984, UWONE serves the needs of the
corporate customer while representing the United Way system.

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