SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ___) Filed by the Registrant /X/ Filed by a Party other than the Registrant /_/ Check the appropriate box: /_/ Preliminary Proxy Statement /_/ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) /_/ Definitive Proxy Statement /X/ Definitive Additional Materials /_/ Soliciting Material Pursuant to Rule ss. 240.14a-12 LIBERTY BANCORP, INC. - -------------------------------------------------------------------------------- (Name of Registrant as Specified In Its Charter) - -------------------------------------------------------------------------------- (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): /X/ No fee required. /_/ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: N/A ------------------------------------------------------------------ (2) Aggregate number of securities to which transaction applies: N/A ------------------------------------------------------------------ (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): N/A ------------------------------------------------------------------ (4) Proposed maximum aggregate value of transaction: N/A ------------------------------------------------------------------ (5) Total fee paid: N/A ------------------------------------------------------------------ /_/ Fee paid previously with preliminary materials: --------------------------- /_/ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: N/A ------------------------------------------------------------------ (2) Form, Schedule or Registration Statement No.: N/A ------------------------------------------------------------------ (3) Filing Party: N/A ------------------------------------------------------------------ (4) Date Filed: N/A ------------------------------------------------------------------ LIBERTY BANCORP, INC. - -------------------------------------------------------------------------------- PRESS RELEASE ------------- Liberty Bancorp Receives ISS Amended Voting Recommendations for its Annual Meeting; ISS now recommends Liberty's Stockholders Vote "FOR" Omnibus Stock Plan and Director Nominees Liberty, Missouri (January 26, 2007) - Liberty Bancorp, Inc. (NASDAQ: LBCP) announced today that Institutional Shareholder Services ("ISS"), the world's leading, independent proxy advisory firm, had issued revised voting recommendations in connection with Liberty Bancorp's annual meeting of stockholders scheduled to be held on Monday February 5, 2007. ISS now is recommending that Liberty Bancorp's stockholders vote "FOR" the approval of the company's omnibus stock option plan and its two nominees for director, Messrs. Sevier and Brant, both of whom are continuing directors. ISS issued a Proxy Alert on January 23, 2007, revising its original voting analysis dated January 17, 2007, after considering additional public information contained in previously existing company filings to permit the proper calculation of the company's burn rate for its existing stock plans and a Form 8-K issued to clarify the independent status of the director nominees. "We are pleased that ISS now is recommending that Liberty Bancorp's stockholders vote to approve the 2007 omnibus stock plan and to elect our two independent and highly qualified nominees for director, said Brent M. Giles, President and Chief Executive Officer of Liberty Bancorp, Inc. "We hope that any stockholder previously relying on the original ISS recommendation will reconsider their vote and submit a revised proxy to correctly reflect the voting recommendation of ISS." Liberty Bancorp, Inc., through its subsidiary, BankLiberty, offers banking and related financial services to both individual and commercial customers. The Bank is headquartered in Liberty, Missouri with branches in Kansas City, Plattsburg, Platte City and Independence. Contact: Liberty Bancorp, Inc. Brent M. Giles, 816-781-4822 President and Chief Executive Officer