FOR IMMEDIATE RELEASE
                                            For further information, contact:
                                            Ernest A. Moretti
                                            President and CEO
                                            (410) 252-6450


               WYMAN PARK ANNOUNCES CHANGE IN MERGER CONSIDERATION

Lutherville,  MD,  February  20, 2003 - Wyman Park  Bancorporation,  the holding
company for Wyman Park Federal  Savings and Loan  Association,  today  announced
that the cash  payment to be  received  by its  stockholders  in its merger with
Bradford  Bank was  reduced  from  $14.55 per share to $14.50.  This  change was
required under the terms of the merger agreement between Wyman Park and Bradford
Bank to  reflect  the  higher-than-expected  cost of  terminating  Wyman  Park's
defined  benefit  pension plan.  Stockholders  of Wyman Park approved the merger
agreement at its annual meeting in October 2002,  including the possibility of a
reduction in the price per share because of the pension plan costs. Accordingly,
no further stockholder approval of this change is required.

     Ernest A.  Moretti,  Wyman  Park's  President  and CEO,  stated  "We remain
committed to closing this merger and view this development as a minor change. In
fact, we had anticipated  this  possibility and made  arrangements for it in the
merger  agreement  so that  stockholders  would  not be  inconvenienced  by this
contingency."

     Mr.  Moretti  continued "The revised price per share is still 99.66% of the
initial price,  and we believe that this  transaction is still very favorable to
our stockholders.  This is especially true for those  stockholders who purchased
our stock when we first went public in 1998."

     According to Mr. Moretti,  the merger with Bradford Bank, in which Bradford
Bank will be the survivor,  is expected to close by the end of February 2003. At
that time,  stockholders  will receive a letter from Registrar and Transfer Co.,
which  is  serving  as the  exchange  agent  for  this  merger,  explaining  the
procedures for  surrendering  their stock  certificates and receiving their cash
payments in exchange.

     Wyman  Park  Federal  Savings  and  Loan is a  federally  chartered  thrift
headquartered  in Lutherville and with a branch in Glen Burnie.  At December 31,
2002,  it  had  assets  of  $70.1   million,   deposits  of  $59.4  million  and
stockholders' equity of $9.6 million.

     The information contained in this release is not intended as a solicitation
to buy Wyman Park Bancorporation  stock and is provided for general information.
This release  contains certain  statements that may constitute  "forward-looking
statements" within the meaning of federal securities laws. These forward-looking
statements  include  statements about Wyman Park's beliefs,  plans,  objectives,
goals, expectations,  anticipations, estimates, and intentions, that are subject
to  significant  risks and  uncertainties,  and are subject to change based upon
various  factors (some of which may be beyond Wyman Park's  control).  The words
"may,"  "could,"  "should,"  "would,"  "believe,"  and similar  expressions  are
intended to identify forward-looking statements.