IPO Company Profile
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Hudson River Bancorp, Inc.
One Hudson City Centre, Hudson, NY 12534 * (518) 828-4600

The company is the bank holding company for the Hudson River Bancorp, Inc.

Primary Underwriting Group
ManagerTierPhone
Sandler O'Neill & Partners. L.P.Lead Manager (212) 466-7737

Offering Information
NASNTL:HRBT Financial: SIC 6035
Type of Shares:Common Shares Filing Date:3/9/98
U.S. Shares:17,334,000 Offer Date:7/1/98
Non-U.S. Shares:0 Filing Price:$10.00
Primary Shares:17,334,000 Offer Price:$10.00
Secondary Shares:0 Gross Spread:
Offering Amount: $173,340,000 Selling:
Expenses: - Reallowance:
Post-IPO Shares: -

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Silver, Freedman & Taff
Auditor: KPMG Peat Marwick

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
9 Month Ending Financials
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Audited
Income
Balance
Sheet
3/31/97 12/31/97 12/31/96 12/31/97
Revenue:$54.71$43.34$40.73Assets:$665.05
Net Income:$5.66$1.89$4.88Curr Assets:
EPS:Liabilities:$597.66
Prior EPS:Curr Liab:$586.23
Cash Flow/Oper:$12.04$6.64$8.94Equity:$67.39
Cash Flow/Fin:$21.72$11.40$16.80Cash:$12.28
Cash Flow/Inv:-$37.53-$12.88

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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