Three Directors Re-Elected, Amendment to the Executive Officer Annual
Incentive Plan Approved and the Appointment of Independent Auditors Ratified
LAKE SUCCESS, N.Y., May 19 /PRNewswire-FirstCall/ -- Astoria Financial
Corporation (NYSE: AF) announced that at its annual meeting held today its
shareholders voted overwhelmingly to re-elect directors John J. Conefry, Jr.,
Lawrence W. Peters and Thomas V. Powderly. It further announced that its
shareholders overwhelmingly approved an amendment to the Astoria Financial
Corporation Executive Officer Annual Incentive Plan and ratified the
appointment of KPMG LLP as its independent auditors for the 2004 fiscal year.
Astoria Financial Corporation, the holding company for Astoria Federal
Savings and Loan Association with assets of $22.7 billion, is the third
largest thrift institution headquartered in New York and sixth largest in the
United States. Astoria Federal embraces its philosophy of Putting people
first by providing its 700,000 customers and the 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 commands the third 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 originates mortgage loans through its banking
offices and loan production offices in New York, an extensive broker network
in nineteen states, primarily the East Coast, and through correspondent
relationships in forty-four states.
SOURCE Astoria Financial Corporation
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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, Astoria Financial Corporation,
+1-516-327-7877, ir@astoriafederal.com
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