LOS ANGELES--(BUSINESS WIRE)--Jan. 24, 2002--The board ofdirectors of City National Corporation (NYSE:CYN) today announced a

  • 5.4 percent increase in the company's quarterly common stock cashdividend to $0.195 per share for the fourth quarter of 2001. Thefourth-quarter dividend is up from $0.185 per share. The dividendannounced today is payable on February 19, 2002, to stockholders ofrecord on February 6, 2002.

Today's announcement represents the eighth consecutive year inwhich City National Corporation has increased its dividend.

About City National

City National Corporation is a publicly owned company with $10.2billion in total assets. Its shares are traded on the New York StockExchange under the symbol "CYN." The corporation's wholly ownedsubsidiary, City National Bank, provides banking, trust and investmentservices through offices in 10 California counties: Contra Costa, LosAngeles, Orange, Riverside, San Bernardino, San Diego, San Francisco,San Mateo, Santa Clara and Ventura.

For more information about City National Corporation please visitthe company's Web site at cnb.com.

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CONTACT:City National Corporation
Frank Pekny, 310/888-6700, Investor Relations
Cary Walker, 213/833-4715
cwalker@cityntl.com