SANFORD, Fla., June 24 /PRNewswire/ -- Federal Trust Bank announced today that it has been acquired by The Hartford Financial Services Group, Inc. (Logo: http://www.newscom.com/cgi-bin/prnh/19990513/FDTRLOGO ) Said Dennis T. Ward, President and Chief Executive Officer of Federal Trust Bank, "we are pleased to be part of The Hartford Financial Services Group Inc, a 200 year old company recognized as one of the most ethical companies in the world. The additional capital provided by The Hartford supports the long term financial viability of our institution for our customers." About Federal Trust Bank Federal Trust Bank is a federally-chartered, FDIC-insured savings bank. Federal Trust Bank operates 11 full-service offices in Seminole, Orange, Volusia, Lake and Flagler Counties, Florida. The Bank's executive and administrative offices are located in Sanford, Florida. About The Hartford Celebrating nearly 200 years as a trusted partner, The Hartford (NYSE: HIG) is an insurance-based financial services company that serves households and businesses by protecting their assets and income from risks. The company is a Fortune 500 company that is recognized widely for its service expertise and as one of the world's most ethical companies. More information on the company and its financial performance is available at http://www.thehartford.com/. Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2008 Annual Report on Form 10-K and the other filings made with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued. Contact: Dennis T. Ward President and Chief Executive Officer (407) 562-0319 http://www.newscom.com/cgi-bin/prnh/19990513/FDTRLOGODATASOURCE: Federal Trust Bank CONTACT: Dennis T. Ward, President and Chief Executive Officer, Federal Trust Bank, +1-407-562-0319,

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