Investor Relations

Mergers & Acquisitions

M&A History << Return to Mergers & Acquisitions  Deal Overview Buyer: New Hampshire Thrift Bancshares, Inc. Actual Acquirer: Lake Sunapee Bank, FSB Target: First Brandon Financial Corporation Deal Type: Bank & Thrift Company Announcement Date 12/14/2006 Announced Deal Value ($M) 21.2 Status Completed Completion Date 6/1/2007 Announced Deal Value Per Share ($) 42.47 Consideration Breakout Cash ($M) 4.4 Common Stock ($M) 15.8 Common Stock Issued 1,067,650  Deal Pricing Ratios   Announcement Completion Price / Book (%) 198.3 184.8 Price / Tangible Book (%) 198.3 184.8 Price / Earnings (x) 15.7 15.5 Price / Deposits (%) 24.66 22.95 Price / Assets (%) 21.33 19.36 Tangible Book Premium/ Deposits (%) 13.17 11.58  Deal Terms Description of Consideration New Hampshire paid $44.01 per share in cash or issued 2.67 shares of its common stock for each share of First Brandon Finl Corp., subject to 20% paid in cash. Accounting Method Purchase In-State Transaction? No Merger of Equals? No Geographic Expansion? Market Expansion Goodwill Generated ($000) 7,503 Estimated Cost Savings (%) NA Estimated Cost Savings ($000) NA Est. Restructuring Charges ($000) 836 Maximum Termination Fee ($000) 807 Minimum Termination Fee ($000) 0 Exchange Ratio (Common For Common) 2.6700 Exchange Ratio (Common For Preferred) NA Exchange Ratio (Preferred For Common) NM Exchange Ratio (Preferred For Preferred) NA Lockup Agreement No Strike Price ($) NA % of Shares Outstanding NA Shares Under Option NA Core Deposit Intangibles ($000) 2,476  Deal Advisers - Financial Advisers Party Advised Adviser Hired? Firm Name Buyer Yes Keefe Bruyette & Woods Inc. Seller Yes FinPro Inc.  Deal Advisers - Legal Counsel Party Advised Adviser Hired? Firm Name Buyer Yes Thacher Proffitt & Wood Seller Yes Cranmore FitzGerald & Meaney

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