CERTIFICATION PURSUANT TO RULE 30A-2(B) UNDER THE INVESTMENT COMPANY ACT OF 1940
                    AND SECTION 906 OF THE SARBANES-OXLEY ACT

I, Edward J. Roach, President & Treasurer of Chestnut Street Exchange Fund (the
"Registrant"), certify that:

     1.   The Form N-CSR of the Registrant (the "Report") fully complies with
          the requirements of Section 13(a) or 15(d) of the Securities Exchange
          Act of 1934, as amended; and

     2.   The information contained in the Report fairly presents, in all
          material respects, the financial condition and results of operations
          of the Registrant.


Date: February 29, 2008                 /s/ Edward J. Roach
                                        ----------------------------------------
                                        Edward J. Roach, President & Treasurer
                                        (Principal Executive Officer & Principal
                                        Financial Officer)

This certification is being furnished to the Securities and Exchange Commission
pursuant to Rule 30a-2(b) under the Investment Company Act of 1940, as amended,
and 18 U.S.C. Section 1350 and is not being filed as part of the Report with the
Securities and Exchange Commission.