The JELD-WEN Tradition Foundation Donates $300,000 to Oregon Educational Charities

PORTLAND, Ore. February 02, 2005 — The JELD-WEN Tradition Foundation Board of Directors today presented $300,000 to educational charities from the state of Oregon. The charitable donation was raised by the 2004 JELD-WEN Tradition presented by Umpqua Bank. The checks were presented to the charities at a news conference held at the Oregon Convention Center. The benefiting charities are Big Brother Big Sisters of Metropolitan Portland, Boys and Girls Clubs of Portland Metropolitan Area, Friends of the Children (Portland), Friends of the Children (Klamath Falls), Klamath Kid Center, Metropolitan Family Services, Oregon Outreach, Inc., Saturday Academy, SMART, Self Enhancement Inc. and The SMILE Program. For more information on each charity, please see the attached bio sheet.

In the JELD-WEN Tradition's two-year history in Oregon, the tournament has donated $470,500 to innovative educational programs for kindergarten through high school aged students based on partnerships and vision for improving education in Oregon by engaging students in learning.

"After much thought and consideration, the Foundation Board felt that these charities met our criteria and exemplified providing K-12 youth with unique educational programs," said Henry Hewitt, chairman of the JELD-WEN Tradition Foundation Board of Directors.

"By choosing the SMART program as a beneficiary, the JELD-WEN Tradition Foundation is helping children across Oregon get the extra reading support and one-on-one attention they need to succeed in school and become productive members of our state's workforce," said Mary Jubitz, CEO of SMART. "I speak for all the charities when I say the donations made to our programs today will have a long-lasting effect in the state of Oregon."

Members of the JELD-WEN Tradition Foundation Board of Directors, whose role it is to oversee the JELD-WEN Tradition presented by Umpqua Bank, were chosen because of their involvement in the community, golf world and educational organizations. The board of directors is the primary decision-maker regarding all aspects of the event, including the distribution of charitable contributions.

The JELD-WEN Tradition, the final major on the Champions Tour schedule, returns to The Reserve Vineyards and Golf Club, August 22 - 28, 2005. For more information, please visit www.jeld-wentradition.com.

About JELD-WEN, Inc.
Based in Klamath Falls, Ore., JELD-WEN is the world's leading manufacturer of reliable windows and doors. In 1960, JELD-WEN began as a small Oregon millwork plant and has since grown into a company with more than 150 divisions and 20,000 employees in nearly 20 countries worldwide. JELD-WEN is the official window, door and millwork provider of the PGA TOUR and Champions Tour.

About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) is the parent company of Umpqua Bank, an Oregon state-chartered bank recognized for its entrepreneurial approach, innovative use of technology, and distinctive banking solutions. Umpqua Bank has 64 stores throughout Oregon and Southwest Washington. Umpqua Holdings also owns a retail brokerage subsidiary, Strand, Atkinson, Williams & York, Inc. which has nine locations throughout Oregon and Southwest Washington and offers brokerage services within Umpqua Bank stores. Umpqua Bank's Private Client Services Division provides tailored financial services and products to individual customers. Umpqua Holdings Corporation is headquartered in Portland, Ore. For more information, visit www.umpquaholdingscorp.com

About the Champions Tour
The Champions Tour is a tax-exempt membership organization of professional golfers age 50 and older. Conceived in 1980 as the Senior PGA Tour, it started with just four events and purses totaling $475,000. The Champions Tour now has 28 official events offering a minimum of $50.3 million in prize money in 2005 and its highest average purse ever of $1.8 million. The Tour has an additional lineup of Challenge/unofficial money events played in February, November and December. In October 2002, the PGA TOUR announced a rebranding of its three Tours (PGA TOUR, Champions Tour and Nationwide Tour) to more closely align them as part of one brand under the PGA TOUR umbrella. It was at this time the Senior PGA Tour was renamed the Champions Tour. Through 2004, the three Tours of the PGA TOUR and their tournaments had generated more than $900 million for charity since the first recorded donation was made in 1938, with more than $80 million raised in 2004. The commissioner of the PGA TOUR is Tim Finchem. Rick George is president of the Champions Tour. TOUR headquarters is in Ponte Vedra Beach, Florida. The web site address is PGATOUR.COM.