2008-07-23 23:53:03 -

www.uboc.com - UnionBanCal Corporation (NYSE:UB) announced today that it will pay a regular cash dividend of 52 cents per common share for the third quarter of 2008. The dividend rate is unchanged from the prior quarter. The dividend will be paid on October 3, 2008, to shareholders of record as of September 5, 2008. UnionBanCal has approximately 138 million shares of common stock outstanding.

Based in San Francisco, UnionBanCal Corporation is a bank holding company with assets of $60.6 billion at June 30, 2008. Its primary subsidiary, Union Bank of California, N.A., had 337 banking offices in California, Oregon and Washington, and 2 international offices at June 30, 2008.

UnionBanCal Corporation
John A. Rice, Jr., 415-765-2998
Investor Relations
or
Stephen L. Johnson, 415-765-3252
Public

Relations
or
Michelle R. Crandall, 415-765-2780
Investor Relations