Exhibit 99.1
November 21, 2002
Board of Directors
First Community Bancorp
6110 El Tordo
PO Box 2388
Rancho Santa Fe, California 92067
Attention: John M. Eggemeyer, III, Chairman
Dear John:
Effective immediately, I hereby resign as a director from the board of directors of First Community Bancorp.
I am resigning from the board in order to focus more time on my business. It has been a pleasure to serve on the board of First Community.
Very truly yours,
/s/ Timothy L. Blixseth
Timothy L. Blixseth