[WHG BANCSHARES CORPORATION LETTERHEAD]

FOR IMMEDIATE RELEASE                     FOR FURTHER INFORMATION CONTACT:
- ---------------------                     -------------------------------
June 25, 2002                             Peggy J. Stewart
                                          President and Chief Executive Officer
                                          (410) 583-8700


                         SPECIAL MEETING OF STOCKHOLDERS

     Lutherville, Maryland -- WHG Bancshares Corporation, the parent savings and
loan holding company of Heritage Savings Bank,  F.S.B.,  Lutherville,  Maryland,
announced  that its  Special  Meeting of  Stockholders  was held  today.  At the
meeting,  stockholders  approved the Agreement and Plan of Merger with Baltimore
County Savings Bank, F.S.B..

     The Company's  common stock is traded on the Nasdaq  SmallCap  Market under
the symbol "WHGB".