LOS ANGELES--(BUSINESS WIRE)--Oct. 22, 2003--The board ofdirectors of City National Corporation (NYSE:CYN) today announced aquarterly common stock cash dividend of $0.28 per share, payable onNovember 17, 2003, to stockholders of record on November 5, 2003.

On July 15 of this year, City National announced a 37 percentincrease in its dividend. It was the second time in seven months thatthe company had increased its dividend, which is now 44 percent higherthan when the year began.

About City National

City National Corporation is a financial services company with$12.8 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 54offices, including 12 full-service regional centers, in SouthernCalifornia, the San Francisco Bay Area and New York City. At September30, 2003, the company had $27.5 billion in investment and trust assetsunder management or administration.

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