Exhibit 99.1
Astoria Financial Corporation to Present at Ryan, Beck & Co.
2004 Financial Institutions Investor Conference
LAKE SUCCESS, N.Y., Oct. 13 /PRNewswire-FirstCall/ -- Astoria Financial
Corporation (NYSE: AF), announced that it will participate in the 2004
Financial Institutions Investor Conference sponsored by Ryan, Beck & Co. at
the Intercontinental Barclay in New York City on Wednesday, October 27, 2004.
George L. Engelke, Jr., Astoria's Chairman, President and CEO will be
presenting at the conference at 10:45 a.m. Eastern Time.
A simultaneous webcast of Mr. Engelke's presentation, including the slide
presentation and any follow-up questions and answers, will be available on our
website, http://www.astoriafederal.com and will be available through Friday,
November 5, 2004. In addition, the conference will be accessible over a live
telephone conference line. The conference call-in number will be
(800) 236-9788.
Astoria Financial Corporation, the holding company for Astoria Federal
Savings and Loan Association with assets of $22.3 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.
The webcast and slide presentation referenced in this news release may
contain a number of forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These statements may be
identified by the use of such words as "anticipate," "believe," "could,"
"estimate," "expect," "intend," "outlook," "plan," "potential," "predict,"
"project," "should," "will," "would" and similar terms and phrases, including
references to assumptions.
Forward-looking statements are based on various assumptions and analyses
made by us in light of management's experience and its perception of
historical trends, current conditions and expected future developments, as
well as other factors we believe are appropriate under the circumstances.
These statements are not guarantees of future performance and are subject to
risks, uncertainties and other factors (many of which are beyond our control)
that could cause actual results to differ materially from future results
expressed or implied by such forward-looking statements. These factors
include, without limitation, the following: the timing and occurrence or
non-occurrence of events may be subject to circumstances beyond our control;
there may be increases in competitive pressure among financial institutions or
from non-financial institutions; changes in the interest rate environment may
reduce interest margins; changes in deposit flows, loan demand or real estate
values may adversely affect our business; changes in accounting principles,
policies or guidelines may cause our financial condition to be perceived
differently; general economic conditions, either nationally or locally in some
or all other areas in which we do business, or conditions in the securities
markets or the banking industry may be less favorable than we currently
anticipate; legislation or regulatory changes may adversely affect our
business; applicable technological changes may be more difficult or expensive
than we anticipate; success or consummation of new business initiatives may be
more difficult or expensive than we anticipate; or litigation or matters
before regulatory agencies, whether currently existing or commencing in the
future, may delay the occurrence or non-occurrence of events longer than we
anticipate. We assume no obligation to update any forward-looking statements
to reflect events or circumstances after the date of this document.
SOURCE Astoria Financial Corporation
-0- 10/13/2004
/CONTACT: Peter J. Cunningham, First Vice President, Investor Relations,
of Astoria Financial Corporation, +1-516-327-7877, ir@astoriafederal.com/
/Company News On-Call: http://www.prnewswire.com/comp/104529.html /
/Web site: http://ir.astoriafederal.com
http://www.astoriafederal.com /
(AF)
CO: Astoria Financial Corporation; Ryan, Beck & Co.
ST: New York
IN: FIN
SU: TDS