LOS ANGELES--(BUSINESS WIRE)--May 2, 2005--City NationalCorporation (NYSE:CYN) today announced that pursuant to his long-termstock option exercise program, Vice Chairman and Chief ExecutiveOfficer Russell Goldsmith intends to exercise and sell no more than80,000 City National shares currently under option, subject to marketconditions during the course of the year. These stock options weregranted in 1995 and are scheduled to expire this year.
Mr. Goldsmith is not selling any of the City National Corporationstock that he currently owns.
About City National
City National Corporation is a financial services company with$13.9 billion in total assets. Its wholly owned subsidiary, CityNational Bank, is the second largest independent bank headquartered inCalifornia. As California's Premier Private and Business Bank(R), CityNational provides banking, investment and trust services through 52offices, including 12 full-service regional centers, in SouthernCalifornia, the San Francisco Bay Area and New York City. The companyand its affiliates manage more than $16 billion of client trust andinvestment assets. Assets under management or administration amount tonearly $36 billion.
CONTACT: City National Corporation
Christopher J. Carey, 310-888-6777
Cary Walker, 213-833-4715
SOURCE: City National Corporation