PARTNERSHIP FOR EDUCATIONAL ASSISTANCE AND COMMUNITY HELP 2 East Main Street, Georgetown, MA 01833

Dear Friend of the North Andover Schools,

It’s tough out there for public education in cities and towns throughout Massachusetts. With failed overrides driving sweeping budget
cuts, essential programs are being eliminated, technology is becoming unaffordable and most disheartening of all, good teachers are
being laid-off in record numbers.

When you consider that all it takes is one unique experience to impact our children’s lives, it’s easy to see that our situation
is dire. Whether it’s losing that one special science teacher who might inspire your child to become a doctor, that first grade
teacher who might instill a lifelong love of reading, or the music class that may unleash a hidden passion—there’s simply too
much at stake to sit idly by.

That’s why we, at Georgetown Savings Bank, want to enlist your help to make a difference in our children’s education. We’re local
folks too. Our children play on the same playgrounds and ballparks, and maybe even share a cubby at school. We do all the things
that make us great neighbors.

Being a good neighbor is exactly what inspired us to form P.E.A.C.H., the Partnership for Educational Assistance and
Community Help. Georgetown Savings Bank and the North Andover Foundation for Education have formed a unique partnership.
The foundation is a group of concerned parents and community leaders who have a shared mission to put quality teachers back in
the classroom. To meet this goal, we’ve set our sights on helping them to raise $500,000 by May of 2007.

How are we going to do that? One way is through a special promotion designed to earn the loyalty of new customers right here in
our own backyard. While the big banks are courting new customers in our community by throwing their money at frivolous
offers like iPods®, Blackberrys®, or portable DVD players, we thought you’d be more interested in a local, community bank that’s
willing to invest in something much more important—our children.

All you have to do is open a checking account with Georgetown Savings Bank, and we’ll make a $100 cash contribution to the
North Andover Foundation for Education. And in giving back, you’re not giving anything up. That’s because our WOW! product line
is best-in-class. It gives you Free Internet Banking with Bill Pay, Nationwide ATM access, Free Checks, Highly Competitive
Interest Rates—all backed by our legendary customer service.

So why sit back when you have the chance to take a stand and make a difference in our children’s lives? Call today to find out
more about the P.E.A.C.H. program, the North Andover Foundation for Education, or for more details on our checking accounts. Feel
free to call Rosalie Schneiderjans or myself directly at 1-978-352-8600. Georgetown Savings Bank…There is a difference.”

Sincerely,

Joseph R. Pollard
Vice President/Retail Banking

P.E.A.C.H. is a cooperative partnership with Georgetown Savings Bank and the North Andover Foundation for Education