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To: alan holman who wrote (30165)3/28/1999 12:05:00 PM
From: alan holman  Respond to of 43774
 
Pacific Capital Bancorp Announces Annual
Shareholders' Meeting Date

BusinessWire
Friday February 26 8:16pm

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Feb.
26, 1999--Pacific Capital Bancorp (Nasdaq:SABB)
Friday announced that the Board of Directors has set May
18, 1999, as the date of its annual shareholders' meeting.

According to David W. Spainhour, president of the
company, "Our by-laws require that we hold our meeting
in April unless changed by the Board of Directors.
Because of the fire at our company's headquarters last
weekend, it will take some extra time to produce the
financial statements that are sent to shareholders before the
meeting and therefore it was decided to postpone the
meeting a few weeks.

"All customer-related services that were handled in this
building were fully functional by the first business day
after the fire because of the extraordinary efforts our
technology and support units have made. We also
appreciate the offers of help that have been received from
customers, local businesses and governmental agencies,
and other financial institutions."

The record date for voting at the annual meeting is April 6,
1999.

Contact:
Pacific Capital Bancorp

David W. Spainhour, 805/564-6345

Source: BusinessWire