FOR IMMEDIATE RELEASE
                                              FOR FURTHER INFORMATION CONTACT:
                                              Alan W. Dakey at (717) 692-2133


                 MID PENN BANCORP, INC. COMPLETES ACQUISITION OF
                              MINERS BANK OF LYKENS

     MILLERSBURG,  PA. . . . MID PENN BANCORP, INC., (AMEX MBP) headquartered in
Millersburg,  Pennsylvania, and parent  company of Mid Penn Bank, a Pennsylvania
chartered bank (the "Bank"),  today  announced the completion of the acquisition
of Miners Bank of Lykens ("Miners"),  headquartered in Lykens, Pennsylvania. The
transaction  was  effected  pursuant  to the terms of an  Agreement  and Plan of
Reorganization,  dated January 9, 1998, by and among Mid Penn Bancorp, Inc., the
Bank and Miners (the "Agreement").

     The  transaction  was  structured  to be a tax  free  reorganization  under
Section  368 of the  Internal  Revenue  Code of 1986,  as  amended,  and will be
treated as a pooling of interests for financial reporting purposes.

     Simultaneously with the acquisition of Miners, Miners was merged with, into
and under the charter of the Bank.  The addition of Miners's  approximately  $28
million in assets,  increases  on a pro forma basis,  Mid Penn's  total  assets,
deposits  and  equity to  approximately  $262  million,  $215  million,  and $25
million,  respectively.   With  the  addition  of  Miners's  office  in  Lykens,
Pennsylvania,   the  Bank  now  has  ten  (10)   banking   offices  in  Dauphin,
Northumberland, Schuylkill and Cumberland Counties, Pennsylvania.

     At that time, each shareholder of Miners received 10 shares of common stock
of Mid Penn in  exchange  for each share of common  stock  owned of  Miners.  In
accordance with the Agreement, Mid Penn issued 148,250 shares of Mid Penn Common
Stock in exchange for all of the outstanding stock of Miners.

     The  merger was  overwhelmingly  approved  during a Special  Meeting of the
Shareholders of Miners held June 11, 1998.

     Eugene F. Shaffer,  Chairman,  President and Chief Executive Officer of Mid
Penn,  said,  "We are  delighted  to have Miners Bank of Lykens join our banking
family.  We are confident  that their  affiliation  with the Bank will serve the
consumers and business of the greater Lykens area well."

     "We are looking forward to our new relationship with Mid Penn Bancorp, Inc.
and the  opportunity to emerge as a leading  financial  institution in our area.
With Mid Penn's  knowledge  of the Lykens  area and the Bank's  diverse  product
line, we are excited about expanding our services to the community," Franklin W.
Ruth, Jr., President and Chief Executive Officer.