1

                                                                   PRESS RELEASE
MAHONING NATIONAL BANCORP, INC.


                  TO LIST ON THE NASDAQ NATIONAL MARKET SYSTEMS
                  ---------------------------------------------


     Gregory L. Ridler, Chairman of the Board, President and Chief Executive
Officer, of Mahoning National Bancorp, Inc. announced today that the Company
will begin trading on the NASDAQ National Market System on January 5, 1998.

     Mahoning National Bancorp, Inc., which has a total of 6,300,000 outstanding
common shares, will trade under the symbol "MGNB."

     Market makers in the Company's common stock include: McDonald & Company
Securities, Inc., The Ohio Company and Sandler O'Neill & Partners, L.P.

     Total assets of Mahoning National Bancorp, Inc. approximated $795 million
on December 31, 1997. Its sole subsidiary, The Mahoning National Bank of
Youngstown, with twenty-one offices located throughout Mahoning and Trumbull
Counties, offers a full range of commercial and consumer financial services as
well as Trust and Investment products and services.

     Investors, analysts, portfolio managers and others seeking financial
information concerning Mahoning National Bancorp, Inc. may contact Norman E.
Benden, Jr. Senior Vice President and Chief Financial Officer at 330-742-7045.


January 2, 1998