LOS ANGELES--(BUSINESS WIRE)--June 27, 2003--City National Banktoday announced that it will lower its prime lending rate from 4.25percent to 4.00 percent effective immediately.

About City National

City National Corporation (NYSE:CYN) is a financial servicescompany with $12 billion in total assets. Its wholly owned subsidiary,City National Bank, is the second largest independent bankheadquartered in California. As California's Premier Private andBusiness Bank(R), City National provides banking, investment and trustservices through 54 offices, including 12 full-service regionalcenters, in Southern California, the San Francisco Bay Area and NewYork City. At March 31, 2003, the company had $19.8 billion ininvestment and trust assets under management or administration.

For more information about City National, visit the company's Website at www.cnb.com.

CONTACT: City National Bank Investors Frank Pekny, 310/888-6700 frank.pekny@cnb.com or Media Cary Walker, 213/833-4715 cary.walker@cnb.com SOURCE: City National Bank