Item 5. Other Events.
On April 30, 2004, BWC Financial Corp. issued a press release announcing a cash dividend. A copy of such press release is attached, and incorporated herein by reference as Exhibit 99.1.
Exhibit 99.1 April 30, 2004 For further information, Contact: James L. Ryan Bank of Walnut Creek (925) 932-5353 Ext. 200 Walnut Creek, CA . . . BWC FINANCIAL CORP. DECLARES CASH DIVIDEND BWC Financial Corp. announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share to be distributed on or about May 17, 2004, to shareholders of record as of May 10, 2004. BWC Financial Corp. is the holding company for Bank of Walnut Creek and BWC Mortgage Services. Founded in 1980, the Bank’s headquarters and main office are at 1400 Civic Drive, Walnut Creek. Additional branch offices are in Orinda, San Ramon, Danville, Pleasanton, and Livermore, with a regional business center in San Jose. BWC Mortgage Services, with headquarters in San Ramon, has mortgage consultants in each Bank office. # # # # # Nasdaq: BWCF http://www.bowc.com