EXHIBIT 99.1
    

                            SLADE'S FERRY BANCORP
                          100 SLADE'S FERRY AVENUE
                             SOMERSET, MA 02726
                               (508) 675-2121

                              SUBSCRIPTION FORM
                                     FOR
                            SLADE'S FERRY BANCORP
                   Common Stock (Par value $.01 per share)


   
    


Gentlemen:

   
      It is my intent to purchase ________________ shares of Slade's Ferry
Bancorp Common Stock (par value $.01 per share) at a price of $9.75 per share.
Minimum order 100 shares - maximum order 10,000 shares. The expiration date for
this offering is currently set at May 31, 1997, which can be extended at the
option of the Company to June 15, 1997. No orders will be accepted after the
expiration date.
    

      Please accept my intention to purchase.


                   _______________________________________
                             Name (Please print)

                   _______________________________________


                   _______________________________________
                                   Address

                   _______________________________________
                              City, State, Zip

   

[ ]   I understand that a Buy Order form will be sent to me upon effectiveness
      of the registration statement which must be filled out and returned to
      the Company with payment in full prior to the Expiration Date. I further
      understand that this is an equity investment in the Company and that it
      is not a deposit in the Bank and is not insured or guaranteed by the
      Federal Deposit Insurance Corporation (FDIC) or any other government
      agency.


    

                                   _______________________________________
                                   Signature                Date

                                   _______________________________________
                                   Signature                Date

NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE 
PRICE CAN BE RECEIVED UNTIL THE REGISTRATION STATEMENT HAS BECOME EFFECTIVE, 
AND ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR 
COMMITMENT OF ANY KIND, AT ANY TIME PRIOR TO NOTICE OF ITS ACCEPTANCE GIVEN 
AFTER THE EFFECTIVE DATE. AN INDICATION OF INTEREST IN RESPONSE TO THIS 
ADVERTISEMENT WILL INVOLVE NO OBLIGATION OR COMMITMENT OR ANY KIND.