FOR IMMEDIATE RELEASE
                                                Monday, June 19, 2006
                                                For further information contact:
                                                Anthony J. Fabiano
                                                Senior Vice President,
                                                Chief Financial Officer
                                                and Corporate Secretary
                                                (914) 761-3636


                  SOUND FEDERAL BANCORP, INC. ANNOUNCES RESULTS
                       OF SPECIAL MEETING OF STOCKHOLDERS


White Plains,  New York (PR  Newswire),  Monday,  June 19, 2006 -- Sound Federal
Bancorp,  Inc.  (Nasdaq National  Market:  "SFFS") (the "Company"),  the holding
company for Sound  Federal  Savings (the "Bank"),  announced  that the Company's
stockholders approved the Agreement and Plan of Merger dated February 8, 2006 by
and between Hudson City Bancorp,  Inc. and the Company.  The acquisition remains
subject to the receipt of regulatory  approval.  The Company expects to complete
the acquisition in the third quarter of calendar 2006.

The Bank is a  federally-chartered  savings bank offering traditional  financial
services and products through its New York branches in Mamaroneck, Harrison, Rye
Brook,  New  Rochelle,  Peekskill,  Yorktown,  Somers,  Cortlandt  and Carmel in
Westchester  County  and New City in  Rockland  County,  and in  Connecticut  in
Greenwich, Stamford, Brookfield and Bethel.

                                  * * * * * *

This press release contains  certain  forward-looking  statements  consisting of
estimates  with respect to the financial  condition,  results of operations  and
business  of the Company and the Bank.  These  estimates  are subject to various
factors  that  could  cause  actual  results  to differ  materially  from  these
estimates.  Such  factors  include  (i) the effect  that an adverse  movement in
interest  rates could have on net interest  income,  (ii) customer  preferences,
(iii)  national  and local  economic  and market  conditions,  (iv)  higher than
anticipated  operating  expenses  and (v) a lower  level of or  higher  cost for
deposits than  anticipated.  The Company  disclaims  any  obligation to publicly
announce  future  events or  developments  that may affect  the  forward-looking
statements herein.