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[LOGO]                        N E W S  R E L E A S E

For: Immediate Release

Contact: Sheila Celata (617) 726-7120


                                   Exhibit 28

            UST CORP. ADDS EIGHT INDIVIDUALS TO BOARD OF DIRECTORS

BOSTON, MASS ... June 30, 1995 ... UST Corp. (NASD: USTB), parent company of 
USTrust and United States Trust Company in Massachusetts and UST 
Bank/Connecticut, today announced that it has elected eight individuals to its 
Board of Directors. All currently serve as Directors of USTrust, the Company's 
lead banking subsidiary. As a result of the election, all of the outside 
Directors of USTrust also serve as outside directors of UST Corp. The new UST 
Corp. Directors are:

        Robert Coard, Executive Director, Action for Boston Community
                Development, Inc., Boston, Mass. 

        Alan K. DerKazarian, D.M.D., Periodontist, Cambridge, Mass.

        Donald C. Dolben, President, The Dolben Company, Inc., Boston, Mass.

        Edward Guzovsky, Chairman, JWP New England, Milton, Mass.

        Sydney L. Miller, President, Harry Miller Co., Inc., Boston, Mass.

        Barbara C. Sidell, Esquire, of Newton, Mass.

        Edward J. Sullivan, Clerk of Courts, Middlesex Superior Court,
                Cambridge, Mass. 

        Gordon M. Weiner, Esquire, of Newton, Mass.

        "We are pleased to have all the USTrust Directors on the Board of the 
holding company," said Neal F. Finnegan, UST Corp. President and CEO. "USTrust 
represents over 90% of UST Corp.'s assets, and all our entities will benefit 
from the uniformity of policy and consistency of approach that will result 
from the combination of board membership."

        UST Corp. is a Boston based bank holding company. Through its 
subsidiaries, the Company provides a broad range of financial services, 
principally to individuals and privately-held, owner-managed companies in New 
England. These services include commercial banking, consumer financial 
services, trust and money management and equipment leasing.

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