OMEF Omega Financial (MM)

Omega Financial Corporation Opens NASDAQ Session STATE COLLEGE, Pa., Nov. 29 /PRNewswire-FirstCall/ -- Executives of Omega Financial Corporation (NASDAQ:OMEF) presided over the NASDAQ Market Open on November 9. (Photo: http://www.newscom.com/cgi-bin/prnh/20041129/CLM037 ) (Logo: http://www.newscom.com/cgi-bin/prnh/19990921/OMFCLOGO ) David B. Lee, Omega's chairman and chief executive officer, was joined by Donita R. Koval, the company's president and chief operating officer, and other company officials in opening the session of NASDAQ, the largest U.S. electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. The NASDAQ tower, located in Times Square in New York City, is the largest stationary video screen in the world, standing seven stories tall, and presents market information throughout the day. Omega Financial's logo and market information, as well as David Lee's Market Open signature were being displayed on the tower screen during the Open Ceremony. The event was carried on CNBC, CNN, CNNFN, CNN Headline News, Fox News, Bloomberg, Bloomberg Brazil and KTVU. Photographs can be viewed online at NASDAQ.com, under the section entitled At Market Site. In his remarks prior to the Market Open ceremony, Lee stated that Omega Financial, which has been listed on NASDAQ since April 1992, has just significantly broadened its customer base with the completion of the acquisition of SunBancorp of Lewisburg. That transaction, Lee noted, gave Omega Bank, the company's principal subsidiary, 67 offices in 14 Pennsylvania counties. "When we joined NASDAQ in 1992, our assets were just over 517 million dollars," Lee said. "Our principal subsidiaries were two small banks -- Peoples National Bank and Russell National Bank. Subsequently, we expanded our franchise with other acquisitions, and added specialized financial service companies to form what is now Omega Financial." "Through the combined heritage of those predecessors," he explained, "we are part of what the Comptroller of the Currency calls 'a small, select group of national banks.' Omega Bank holds one of 13 charters still in existence from 1863, the year the national banking system was founded." Omega Bank now serves Bedford, Blair, Centre, Clinton, Cumberland, Dauphin, Juniata, Huntingdon, Luzerne, Lycoming, Mifflin, Northumberland, Snyder and Union counties. Noting that Omega would be entering some markets for the first time, Lee said, "In those areas where the Omega brand represents outstanding customer service and skilled people, we will continue that tradition. In places where we are the new bank in town, we plan to earn new business the same way." NASDAQ is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology. NASDAQ is the primary market for trading NASDAQ-listed stocks. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems. Omega Financial Corporation is traded under the symbol OMEF. Information concerning Omega can be found on the Corporation's website omegafinancial.com. http://www.newscom.com/cgi-bin/prnh/19990921/OMFCLOGO http://www.newscom.com/cgi-bin/prnh/20041129/CLM037 http://photoarchive.ap.org/ DATASOURCE: Omega Financial Corporation CONTACT: JoAnn McMinn, Director of Investor Relations of Omega Financial Corporation, +1-814-231-5779 Web site: http://www.omegafinancial.com/

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