Approval of proposal by Royal Bank of Canada

The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 5, 2008. It is reproduced in full below.

The Federal Reserve Board on Tuesday announced its approval of the proposal by Royal Bank of Canada, Montreal, Canada, and its subsidiary bank holding companies to acquire Alabama National BanCorporation, Birmingham, Alabama, and its subsidiary banks.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System