Enterprise Bancorp, Inc. Increases Dividend by 5.0% to $.105

Enterprise Bancorp, Inc.

On January 18, 2011, the Board of Directors of Enterprise Bancorp, Inc. declared a quarterly dividend of $0.105 per share to be paid on March 1, 2011 to shareholders of record as of February 8, 2011. The quarterly dividend represents a 5.0% increase over the 2010 dividend rate.