Related Party Transactions and Outside Related Director Information

Greenpoint Financial Corp. (Retired) (GPT.X)

3/26/2004 Proxy Information

The Corporation's policies prohibit the Corporation from directly or indirectly, including through any subsidiary, extending or maintaining credit, arranging for the extension of credit, or renewing an extension of credit, in the form of a personal loan to or for any Director or executive officer, except certain limited categories of legally permissible loans made in the ordinary course of the Corporation's business on the same terms as generally made to the public. As of March 19, 2004, no such loans had been made. In addition, the Corporation's policies require that all other transactions between the Corporation and its executive officers, Directors, holders of 10% or more of its Common Stock and affiliates thereof, contain terms no less favorable to the Corporation than could have been obtained by it in arms-length negotiations with unaffiliated persons.

3/28/2003 Proxy Information

During May 2001, the Corporation entered into an agreement with Mr. Paul under which Mr. Paul will act as a consultant to Messrs. Johnson and Bhatt, in their capacity as Chairman and Chief Executive Officer, and President and Chief Operating Officer, respectively, of the Corporation and the Bank. During the term of the agreement, the Corporation will pay to Mr. Paul a consulting fee of $10,000 per month. Mr. Paul is not eligible to participate in any benefit, compensation or incentive plan maintained by the Corporation or the Bank for its Directors or employees.