UNION BANK FOUNDATION DONATES $25,000
FOR SCOTT BLEIFER SCHOLARSHIP FUND

Check Presented to President of Velo Club LaGrange and Family of Local Cyclist
and Santa Monica Resident Killed on Pacific Coast Highway Last September

          BEVERLY HILLS-------A check for $25,000 from the Union Bank of California Foundation was presented to the President of Velo Club LaGrange Duncan Lemmon and the family of Scott Bleifer to establish a scholarship program in honor of the well-known cyclist and former Union Bank employee who was killed last September while training for a bike race on Pacific Coast Highway in Malibu.

          Bleifer had been training for the Arthritis Foundation's Amgen California Coast Classic, an eight-day, 500-mile charity ride from San Francisco to Los Angeles that was just 14 days after he was struck by a catering truck. The collision also killed another avid cyclist Stanislav Ionov, 46, of Calabasas. More than 400 local riders gathered for a 40 mile ride last October to honor the memories of these two fallen riders.

          "We are pleased to have the opportunity to provide scholarships to deserving students. Scott had a tremendous passion for his work and for cycling and this is something that the Union Bank of California Foundation can do to keep Scott's wonderful spirit alive," said John Stephan, a senior vice president with Union Bank.

          "This generous scholarship is a solid example of the community support for Scott and his life, his legacy and his love of cycling and to honor those who continue to demonstrate a commitment to furthering the cause of cyclist and road safety in Southern California," said LaGrange board member Dan Weinberg. "Union Bank has done a truly wonderful thing by supporting future generations of cyclists. In the face of this tragedy, all kinds of people are pulling together to change dangerous road conditions that put cyclists and drivers in harm's way."

          Bleifer, 41, was a resident of Santa Monica and an active member of the Velo Club LaGrange. He had worked as a vice president at Union Bank since l992, handling real estate transactions in the special assets division. He was a graduate of Beverly Hills High School and received his undergraduate degree from University of California at San Diego and a master's degree in real estate development from USC.

          Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank holding company with assets of $49.4 billion at December 31, 2005. Its primary subsidiary, Union Bank of California, N.A., had 315 banking offices in California, three in Washington, and one in Oregon at December 31, 2005. The company's Web site is located at www.uboc.com.

          Founded by Frenchman Raymond Fouquet in 1969, Velo Club La Grange is one of the largest and oldest cycling clubs on the west coast and is ranked among the top 5 amateur racing teams in the country. Members have included a Tour de France stage winner and an Olympic medalist. Along with the Club's dedication to bicycle racing, La Grange plays an active role in the community through public policy work with California Senator Sheila Kuehl's PCH Task Force and through partnerships with the U.S. Association of Blind Athletes and Meals on Wheels. For more information on Velo Club La Grange visit www.lagrange.org.

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