Press Release

Independent Bank Corp. Announces Quarterly Dividend

9/11/2003 3:06 PM ET

ROCKLAND, Mass.--(BUSINESS WIRE)--Sept. 11, 2003--The Board of Directors of Independent Bank Corp. (NASDAQ: INDB), parent of Rockland Trust Company, today announced a $0.13 per share dividend which will be payable on October 10, 2003, to stockholders of record as of the close of business on September 26, 2003.

Independent Bank Corp.'s sole bank subsidiary, Rockland Trust Company, currently has $2.4 billion in assets, 52 retail branches, seven commercial lending centers and three Investment Management Offices located in Plymouth, Barnstable, Norfolk and Bristol counties of southeastern Massachusetts. For more information, visit www.rocklandtrust.com.

    CONTACT: Independent Bank Corp.
             Christopher Oddleifson, 781-982-6660
             or
             Independent Bank Corp.
             Denis K. Sheahan, 781-982-6341

    SOURCE: Independent Bank Corp.