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TORREY PINES BANK WINS workplace excellence award

Becomes first bank to ever win such an award

SAN DIEGO, CA — In November 2006, it was announced that Torrey Pines Bank was the Marble Winner in the less than 150 employee category for the Seventh Annual Workplace Excellence Awards sponsored by the San Diego Society for Human Resources Management. This annual event is dedicated to recognizing companies that have been nominated by their employees for exceptional human resource practices that have directly contributed to the organizational success.

From over 122 nominations received, Torrey Pines Bank was selected. It is the first bank to not only make the top three, but also to ever win such an award!

About Torrey Pines Bank

Torrey Pines Bank is a California-chartered commercial bank, providing commercial banking and financial services to small and middle market businesses, and personal banking services to proprietors, employees, and executives and those who desire a personal banking relationship. Since launching in 2003, the firm has grown from one location and $20 million in initial assets to six branches and over $ 581 million in assets (as of December 31, 2006), and will soon open its seventh branch in Carlsbad. More information about Torrey Pines Bank can be found at torreypinesbank.com.

About Western Alliance Bancorporation

Western Alliance Bancorporation is the parent company of Bank of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Alta Alliance Bank, Miller/Russell & Associates, and Premier Trust. These dynamic companies provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers’ needs than larger institutions. Additional investor information can be accessed on the Investor Relations page of the company’s website, westernalliancebancorp.com.