The Board of Directors
Enterprise Bancorp, Inc.:

We consent to incorporation by reference in Registration  Statements on Form S-8
(No.  333-60036 and No.  333-51953)  and Form S-3 (No.  333-79135) of Enterprise
Bancorp,  Inc. of our report dated March 6, 2003,  relating to the  consolidated
balance sheets of Enterprise  Bancorp,  Inc. and subsidiaries as of December 31,
2002 and 2001,  and the related  consolidated  statements of income,  changes in
stockholders'  equity  and cash  flows for each of the  years in the  three-year
period  ended  December 31, 2002,  which report is included  herein.  Our report
refers to the adoption of Statement of Financial  Accounting  Standards ("SFAS")
No. 142, "Goodwill and Other Intangible Assets," and SFAS No. 147, "Acquisitions
of Certain Financial Institutions."


/s/  KPMG LLP

Boston, Massachusetts
March 24, 2003