For more information, contact:

Leigh Akin
Amegy Bank of Texas
713.232.1433
leigh.akin@amegybank.com

Amegy Bank N.A. Announces Scott J. McLean Has Been Elected CEO and
Steve D. Stephens Has Been Elected President
Former CEO Paul B. Murphy, Jr. to Continue to Support Amegy
on its Board of Directors
HOUSTON (December 4, 2009) – Today, the Board of Directors of Amegy Bank National Association
announced that Paul B. Murphy, Jr. has resigned as CEO. Murphy is transitioning to a new role as
president and CEO of a new bank in formation. Due to securities laws, all the details of the new
organization cannot be shared at this time. Because this new venture’s efforts will not compete with
Amegy Bank, Murphy will continue to support Amegy Bank as a member of Amegy’s Board.

The Board also announced that Scott J. McLean, Amegy’s president since 2003, has been elected CEO
of Amegy Bank N.A. and that Steve D. Stephens has been elected as president.

“As a cofounder of Amegy Bank in 1990, Paul’s contributions were invaluable in taking the bank from one
location and 19 employees to a strong regional presence with $11 billion in assets, more than 80
locations and over 2,000 employees statewide,” said McLean. “His leadership skills will certainly be
missed, but we are excited that this new opportunity affords Paul the ability to continue to contribute to
the success of Amegy Bank through service on our Board.”

Murphy added, “Over the last 20 years, Amegy Bank has grown to become a true leader in Texas
banking. I couldn’t be more confident that the leadership of Scott McLean and Steve Stephens, combined
with the continued guidance of Chairman and Founder Walter Johnson, will provide for many more
successful years at Amegy Bank. I’m pleased that I will continue to be a supporter and friend of Amegy
Bank as a member of the Board.”

With 30 years of Texas banking experience, McLean began with Amegy Bank in 2002. Prior to joining
Amegy Bank, he was president of the Houston region of JP Morgan Chase. He began his career with
Texas Commerce Bank, which became part of JP Morgan Chase. He rose through the ranks serving in
leadership positions in Dallas where he was president and El Paso where he was chairman.
-more-
Stephens started his career with Texas Commerce Bank before helping to found Amegy Bank in 1990.
During his tenure at Amegy, Stephens has been deeply involved in all aspects of the bank, including in
his current role as executive group vice president and leader of Amegy’s commercial banking, retail and
private banking activities. Stephens is passionate about doing an outstanding job for Amegy customers
and a dedicated advocate for all of the bank’s employees.

Amegy Bank Chairman Walter E. Johnson noted: “Scott and Steve’s close interaction with our customers
as well as their intimate participation in the day-to-day workings of Amegy Bank ensure they are well-
equipped to step into their respective roles as CEO and president. Their deep involvement within the
community, coupled with their steadfast commitment to doing what’s best for Amegy customers, will lead
Amegy to continued growth.”

Johnson continued: “I couldn’t be more excited for this new opportunity for Paul. He is an incredibly
capable banker, and I look forward to seeing him apply the expertise and skills that he has displayed in
Texas to markets in other parts of the United States.”

McLean is actively involved in the Houston community, including the United Way, where he has served as
chairman of the board and chairman of the 2008-09 United Way $80 million community-wide campaign.
In addition, McLean is a former Senior Warden of St. Martin’s Episcopal Church. He also serves on the
Campaign Executive Committee for SMU’s current capital campaign, is a member of the Young
President’s Organization and is a director of Memorial Hermann Hospital System and the Sam Houston
Area Council-Boy Scouts of America. McLean received his Bachelor of Business Administration from
Southern Methodist University and his MBA from Northwestern University J.L. Kellogg Graduate School
of Management.

Stephens is a director of Boys & Girls Country and currently serves on the finance committee for
Chapelwood United Methodist Church. His other community activities include the American Leadership
Forum, Make-A-Wish Foundation, and the Boy Scouts of America. Stephens attended Texas Christian
University and received his Bachelor’s of Business Administration in Accounting from the University of
Houston.

About Amegy Bank of Texas

With assets of more than $11 billion, local decision making and a history of relationship banking, Amegy
Bank of Texas has the resources to serve leading Texas companies as a source of capital as well as
provide efficient and effective treasury management, international and investment services. The Bank,
with more than 71 locations in Houston, six in Dallas and five in San Antonio, specializes in commercial
banking as well as private financial management and trust services for families and individuals, and retail
and mortgage banking services. Amegy is a part of the Zions Bancorporation (NASDAQ: ZION) collection
of great banks.

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