PRESS RELEASE Contact: David J. O'Connor President and Chief Executive Officer New England Bancshares, Inc. (860) 253-5200 NEW ENGLAND BANCSHARES, INC. ANNOUNCES CASH DIVIDEND Enfield, Connecticut - August 15, 2006. New England Bancshares, Inc. (Nasdaq GM: NEBS) announced today that the Company's Board of Directors declared a cash dividend for the quarter ended June 30, 2006 of $0.03 per share. The cash dividend will be payable on September 15, 2006 to stockholders of record on August 30, 2006. New England Bancshares, Inc. is headquartered in Enfield, Connecticut, and operates Enfield Federal Savings and Loan Association with eight banking centers servicing the communities of Enfield, Ellington, Manchester, Suffield, East Windsor and Windsor Locks. For more information regarding the Bank's products and services, please visit www.enfieldfederal.com.