HOUSTON -- Sterling Bancshares, Inc. announced today that its Board of Directors has promotedTravis L. Jaggers to the newly-created position of Executive Vice Presidentand Chief Lending Officer of Sterling Bank. He was previously SterlingBank's Regional CEO for the Southeast Houston Region, a position which hehas held since October 2001. From 1997 through September 2001 he served asCEO of Sterling's Gulf Freeway, Spencer Highway, and Deer Park BankingCenters. In his new position, he is responsible for continuing to grow theCommercial and Business Banking in Sterling's markets: Houston, SanAntonio, and North Texas.

"I have great admiration for Travis Jaggers as a commercial banker anda leader, but more importantly Travis has earned the respect and admirationof his co-workers, customers, and our entire Board of Directors," commentedJ. Downey Bridgwater, Sterling's Chairman, President, & Chief ExecutiveOfficer. "He will do an outstanding job leading our commercial and businessbanking teams in this newly-created statewide position."

"It is a privilege to serve in this capacity for Sterling Bank,"Jaggers said. "I am excited about the opportunity to help generate qualitygrowth, helping Sterling to become the leading bank for small tomedium-sized businesses in Texas."

Jaggers, a native Texan, holds bachelor's and master's degrees from theUniversity of Houston in accounting and finance. He has been in banking for38 years, and previously served in executive positions with First PasadenaState Bank and Texas Commerce Bank (now JPMorgan Chase). He has been withSterling Bank for 12 years.

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