----The Phoenix
Companies, Inc.
Phoenix has corporate offices in Hartford, Connecticut .

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Young,
chairman, president and chief executive officer. Young. Brice, president of S+T Bank and
S+T Bancorp, Inc.


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Young continued, "Lisa has made a tremendous impact on
Phoenix's operations and customer service areas, increasing
efficiency, improving service and freeing up capacity for expansion.

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The Phoenix Companies, Inc.
Headquartered in Indiana, PA, S+T Bancorp, Inc.

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"These promotions recognize Jim and Lisa's important contributions
to Phoenix and to our progress toward profitable growth.

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Brice graduated from Grove City College with a Bachelor of Arts degree
in business administration.

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He also directs the Goodwin fixed income group,
which manages institutional and mutual fund assets for Phoenix
Investment Counsel, Inc. For more
information on Phoenix, visit www. operates 51 offices within
Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield , Indiana,
Jefferson and Westmoreland counties.

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Phoenix Promotes Wehr Bassi to Senior Positions

Bassi,
49, will continue to report to Philip K. Wehr oversees Phoenix's general account and affiliated
investment portfolios. Miller, chairman and chief executive officer of S+T
Bank, "Throughout his tenure with S+T, Todd has consistently demonstrated his
leadership capabilities, business acumen , and dedication to the growth of our
bank and increasing returns to our shareholders.

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According to James C.

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"Jim has played a lead role in numerous areas of Phoenix,
especially as we have strengthened our investment portfolio and
divested non-strategic assets to focus on manufacturing products of
excellence for the affluent and high net worth."
Mr.

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PhoenixWealthManagement. In addition, Mr .

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I am confident he will be a
good contributor to our Board.

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Jim's extensive
understanding of our business and his in-depth financial expertise
will continue to be invaluable to Phoenix," said Dona D.
Mr.

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Wehr to executive vice president and chief investment officer, and
Lisa-Lynn Bassi to senior vice president, Albany Operations, effective
immediately. Polkinghorn, executive vice
president , Life and Annuity. He joined Phoenix in 1981, and holds a
Bachelor of Arts degree from Fairfield University and a Masters in
Business Administration degree from the University of Connecticut. is a leading manufacturer of life
insurance, annuity and asset management products for the accumulation ,
preservation and transfer of wealth.com


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, which includes the life and annuity customer service and
call centers. He has also successfully completed studies at the
University of Wisconsin 's Graduate School of Banking and the University of
Oklahoma's National School of Commercial Lending .

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She joined Phoenix in 1981, and holds a Bachelor of Arts
degree from Hampshire College. With assets of $3.

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Mrs.
Mr. In August 2004, he was named president of S+T Bank and
S+T Bancorp, Inc .0 billion, S+T
Bancorp, Inc.

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"
Mr.

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Ms., Officials of S+T Bancorp,
Inc. stock trades on the NASDAQ National Market System under the
symbol STBA.

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(NYSE:PNX) today announced the promotion of James D. Wehr, 47, will continue to report to Mrs. Through a variety of advisors and
financial services firms, the company provides products and services
to affluent and high-net-worth individuals and to institutions.

Brice Appointed to S+T Bancorp Board of Directors

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INDIANA, Pa., has been appointed to its Board of Directors. Brice
serves as a member of the Indiana Regional Medical Center 's Board of
Directors.

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Business Editors

HARTFORD, Conn. Bassi is in charge of the company 's operations center in
Albany, NY. He resides in Indiana with his wife, Lonie, and their two
children .

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Ms. (Nasdaq: STBA) announced that Todd D. Brice joined S+T Bank in 1985 and progressed steadily through a number
of lending-related positions; most recently as executive vice president -
commercial lending.

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