Name and address of the reporting corporation:

Destin Bancshares, Inc
P O Box 248
Destin, FL  32540  

Date of transaction: 

4/22/05 

Description of shares affected by the transaction: 

Whitney Holding Corporation Common Stock 

Amount of cash received by the reporting
corporation's shareholders in exchange for
their stock: 

$57,678,662 

Fair market value of property, other than stock, received by the reporting corporation's shareholders: 

0 

Fair market value of stock received by the
reporting corporation's shareholders in exchange
for their stock in the reporting corporation, for
which the reporting corporation has reasonably determined that its shareholders would be required to recognize gain (if any). 

0