CAMCO FINANCIAL CORPORATION
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6901 Glenn Highway
Cambridge, OH 43725-9757
Phone: 740-435-2020
Fax: 740-432-2743 [Private Fax]
EXHIBIT 99
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CONTACTS:
RICHARD C. BAYLOR, CEO
PHONE: 740-435-2040
OR
MARK A. SEVERSON, CFO
PHONE: 740-435-2055
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NEWS RELEASE
RELEASE DATE: APRIL 26, 2005
RELEASE TIME: 3:00 P.M.
CAMCO FINANCIAL ANNOUNCES 5% STOCK REPURCHASE
CAMBRIDGE, OHIO (NASDAQ: CAFI) - The Board of Directors of Camco Financial
Corporation has approved another buy-back program in which the company may
repurchase up to 5% of its outstanding common stock. Currently, Camco Financial
has approximately 7.68 million common shares outstanding.
It is anticipated that the company will complete the program through
open market purchases. The repurchased shares will be reserved in treasury for
general corporate purposes, including reissue in connection with possible stock
dividends, stock option exercises or future acquisitions.
Camco Financial Corporation, holding company for Advantage Bank, is a
multi-state financial holding company headquartered in Cambridge, Ohio with
assets of $1.07 billion. Advantage Bank and its affiliates offer community
banking, mortgage banking, internet banking and title services from 30 offices
in 23 communities in Ohio, Kentucky and West Virginia.
NASDAQ: CAFI o EMAIL: camco@camco.cc o www.camcofinancial.com
Additional information about Camco Financial may be found on Camco's web
site: www.advantagebank.com.
The words or phrases "will likely result," "are expected to," "will continue,"
"is anticipated," "estimate," "project" or similar expressions are intended to
identify "forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements are subject to certain
risks and uncertainties including changes in economic conditions in the
Company's market area, changes in policies by regulatory agencies, fluctuations
in interest rates, demands for loans in the Company's market area and
competition, that could cause actual results to differ materially from
historical earnings and those presently anticipated or projected. The Company
wishes to caution readers not to place undue reliance on any such
forward-looking statements, which speak only as of the date made. The Company
does not undertake, and specifically disclaims any obligation, to publicly
release the result of any revisions that may be made to any forward-looking
statements to reflect events or circumstances after the date of such statements
or to reflect the occurrence of anticipated or unanticipated events.