SHBK Shore Finance Corp (MM)

ONLEY, Va., Oct. 11 /PRNewswire-FirstCall/ -- The Board of Directors of Shore Financial Corporation (NASDAQ:SHBK) has declared a quarterly cash dividend of $0.07 per share payable on November 1, 2006 to stockholders of record as of October 24, 2006. This represents a 20% increase in the cash dividend following the recently completed 6-for-5 split in the common stock of the Corporation. Shore Financial Corporation is a bank holding company operating seven branches on the Eastern Shore of Virginia and Maryland through its wholly owned subsidiary, Shore Bank. For more information on stock, products and services, visit http://www.shorebank.com/. DATASOURCE: Shore Financial Corporation CONTACT: Lynn M. Badger of Shore Financial Corporation, +1-757-787-1335, Web site: http://www.shorebank.com/

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