FOR IMMEDIATE RELEASE


              BERKSHIRE HILLS BANCORP, INC. TO ISSUE THIRD QUARTER
                      EARNINGS RELEASE ON OCTOBER 27, 2004;
           CONFERENCE CALL SET FOR OCTOBER 28, 2004 AT 10:00 A.M. ET


PITTSFIELD,  MA,  September  17,  2004 -  Berkshire  Hills  Bancorp,  Inc.  (the
"Company")  (AMEX:BHL),  the holding  company for  Berkshire  Bank (the "Bank"),
today  announced  that it will issue its earnings  release for the quarter ended
September 30, 2004 at approximately 4:15 P.M. eastern time on Wednesday, October
27, 2004.

The Company will conduct a post-earnings  conference call at 10:00 A.M.  eastern
time on  Thursday,  October 28, 2004.  President  and Chief  Executive  Officer,
Michael P. Daly and Chief  Financial  Officer,  Wayne F.  Patenaude will discuss
highlights of the Company's  third quarter 2004 financial  results.  Information
about the conference call follows:

         Dial-in:                   1-877-407-0727
         Replay Dial-in:            1-877-660-6853
         Replay Access Codes:       Account #1628; Conference ID #118464
                                    (Both are needed to access the Replay)
         Replay Dates:              October 28, 2004 at 1:00 P.M. (ET) through
                                    November 4, 2004 at 4:00 P.M. (ET)

All  interested  parties  are  welcome  to access  the  conference  call and are
requested to call in a few minutes  prior to 10:00 A.M. (ET) to register for the
event. The Company has prepared an investor  presentation to accompany the audio
call.  The  investor  presentation  will be  available  on the  Bank's Web site,
http://www.berkshirebank.com  beginning at approximately  8:30 A.M. eastern time
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on October 28, 2004.  To access this  information,  which will be in PDF format,
click on the "Conference  Call" icon located to the right of the Company's stock
quote on the Bank's home page.

The  presentation  by Messrs.  Daly and  Patenaude  will last  approximately  15
minutes, followed by another 15 minutes scheduled for questions and answers.

Berkshire  Hills  Bancorp,  Inc. is the  holding  company  for  Berkshire  Bank.
Established in 1846, Berkshire Bank is one of Massachusetts'  oldest and largest
independent  banks,  and is the  largest  banking  institution  based in western
Massachusetts. The Bank is headquartered in Pittsfield,  Massachusetts,  with 11
branch  offices  serving   communities   throughout   Berkshire   County  and  a
representative  office in Albany,  New York. The Bank is committed to continuing
operation as an independent bank, delivering  exceptional customer service and a
broad  array of  competitively  priced  retail and  commercial  products  to its
customers.

                                       ###


CONTACT:

Berkshire Hills Bancorp, Inc.
Media and Investor Contact:
Rose A. Borotto, 413-236-3144
rborotto@berkshirebank.com
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