PRESS RELEASE


Contact: David J. O'Connor
         Chief Executive Officer
         New England Bancshares, Inc.
         (860) 253-5200

              NEW ENGLAND BANCSHARES, INC. ANNOUNCES CASH DIVIDEND

      Enfield,  Connecticut - November 13, 2007.  New England  Bancshares,  Inc.
(Nasdaq GM: NEBS) announced today that the Company's Board of Directors declared
a cash dividend for the quarter ended September 30, 2007 of $0.03 per share. The
cash dividend will be payable on December 17, 2007 to  stockholders of record on
November 30, 2007.

      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,  Manchester,  Suffield,  East  Windsor,
Ellington  and Windsor Locks and Valley Bank with four banking  centers  serving
the communities of Bristol,  Terryville and  Southington.  For more  information
regarding    Enfield   Federal's    products   and   services,    please   visit
www.enfieldfederal.com and for more information regarding Valley Bank's products
and services, please visit www.valleybankct.com.