Five Directors Re-Elected, Amendment to the Stock Incentive Plan
Overwhelmingly Approved and the Appointment of Independent Registered Public
Accounting Firm Ratified
LAKE SUCCESS, N.Y., May 18 /PRNewswire/ -- Astoria Financial Corporation
(NYSE: AF) announced that at its annual meeting held today its shareholders
voted overwhelmingly to re-elect directors George L. Engelke, Jr., Robert J.
Conway, Peter D. Haeffner, Jr., Ralph F. Palleschi and Leo J. Waters. It
further announced that its shareholders overwhelmingly approved the 2005
Re-designated, Amended and Restated Stock Incentive Plan for Officers and
Employees and ratified the appointment of KPMG LLP as its independent
registered public accounting firm for the 2005 fiscal year. Commenting on the
meeting results, George L. Engelke, Jr., Chairman, President and CEO of
Astoria said, "We appreciate that more than 93% of the Company's outstanding
shares were represented at the annual meeting, either in person or by proxy,
and were voted overwhelmingly in favor of the Company's proposals. We value
our shareholders' support and remain committed to enhancing the value of their
investment in Astoria Financial Corporation."
Astoria Financial Corporation, the holding company for Astoria Federal
Savings and Loan Association, with assets of $23.3 billion is the fifth
largest thrift institution in the United States. Established in 1888, Astoria
Federal is the largest thrift depository headquartered in New York with
deposits of $12.6 billion and embraces its philosophy of Putting people first
by providing the customers and local communities it serves with quality
financial products and services through 86 convenient banking office locations
and multiple delivery channels, including its enhanced website,
http://www.astoriafederal.com . Astoria Federal commands the fourth largest
deposit market share in the attractive Long Island market, which includes
Brooklyn, Queens, Nassau and Suffolk counties with a population exceeding that
of 39 individual states. Astoria Federal originates mortgage loans through
its banking offices and loan production offices in New York, an extensive
broker network in twenty-three states, primarily the East Coast and the
District of Columbia, and through correspondent relationships in forty-four
states and the District of Columbia.
SOURCE Astoria Financial Corporation
 back to top
Related links:
http://www.astoriafederal.com
Company News On-Call:
http://www.prnewswire.com/comp/104529.html
CONTACT:
Peter J. Cunningham, First Vice President,
Investor Relations, +1-516-327-7877, ir@astoriafederal.com, for
Astoria Financial Corporation
|
