Insert in first graph, first sentence after "At the Board of Directors Meeting held April 27, 2011": and pending approval by the Comptroller of Currency.

The corrected release reads:

FIRST NATIONAL BANK ALASKA DECLARES DIVIDEND FOR SECOND QUARTER

At the Board of Directors Meeting held April 27, 2011, and pending approval by the Comptroller of Currency, First National Bank Alaska (OTCBB:FBAK) declared a cash dividend of $12.50 per share, payable on June 15, 2011 to shareholders of record as of June 1, 2011.

First National Bank Alaska (QX) (USOTC:FBAK)
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