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Silicon Valley Bank Named One of the Bay Area's Best Places to Work

Company News  | 

Santa Clara, Calif., April 7, 2005 - Silicon Valley Bank, a subsidiary of Silicon Valley Bancshares (NASDAQ: SIVB), was ranked as one of the 100 "Best Places to Work" in the Greater Bay Area by the San Francisco Business Times , S ilicon Valley/San Jose Business Journal and East Bay Business Times . Silicon Valley Bank is ranked 23rd among large companies (those with over 350 employees) in the region. The Business Journal recognized Silicon Valley Bank for understanding the importance in investing in its most valuable asset - its employees.

"Silicon Valley Bank is a great place to work and it is a tremendous honor for our employees and our management team to be publicly recognized among leading corporations in Silicon Valley and the Greater Bay Area," said Lynda Ward Pierce, head of human resources, Silicon Valley Bancshares. "SVB hires and develops dedicated, enterprising, ethical and driven people, so it's no surprise that collectively we have created such a productive, open and innovative work environment."

The list of the 100 "Best Places to Work" in the Greater Bay Area is based solely on employees' satisfaction with their workplaces and their opinions of the company's policies, procedures, culture and practices. All employees of participating companies were given an opportunity to respond to questions about the company via an anonymous survey. Questions in the employee survey gauged how happy employees were with their work climate and culture, management practice and specific policies and benefits offerings.

Greg Becker, chief operating officer, commercial banking, Silicon Valley Bank, accepted the award from The Business Journal at an awards banquet April 6, 2005 at the Four Seasons Hotel in San Francisco.

About Silicon Valley Bank
Silicon Valley Bank provides diversified financial services to emerging growth and mature companies in the technology, life science and private equity markets, as well as the premium wine industry. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 27 domestic offices and two international subsidiaries in the U.K. and India. More information on the company can be found at www.svb.com.

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