February 25, 2003

FOR IMMEDIATE RELEASE

CONTACT:  Ernest A. Moretti,  President,  Wyman Park Bancorporation,  Inc. (410)
          252-6450
          Dallas R. Arthur, President, Bradford Bank (410) 372-1480

BRADFORD BANK AND WYMAN PARK BANCORPORATION, INC. COMPLETE MERGER

(Baltimore,  Maryland) - Bradford Bank and Wyman Park Bancorporation,  Inc. (OTC
Electronic  Bulletin Board:  WPBC) ("Wyman Park") today announced the closing of
their  merger.   As  a  result,   Bradford  Bank's  total  assets  increased  to
approximately $355 million.  Wyman Park stockholders will receive $14.50 in cash
for each share of Wyman  Park's  stock they own and each option  holder of Wyman
Park will receive $14.50 in cash, less the exercise price,  for each outstanding
stock option to purchase Wyman Park stock. Systems and operating conversions are
scheduled  to be completed in the first  quarter of 2003.  Wyman Park,  based in
Lutherville,  Maryland,  is the savings and loan  holding  company of Wyman Park
Federal Savings & Loan Association, a federally-chartered thrift, which operates
two branches in Lutherville and Glen Burnie, Maryland.

In making this announcement, Dallas R. Arthur, President of Bradford Bank noted,
"The  consummation of the merger is a tribute to the dedication and hard work of
many people. We look forward to the  opportunities  our combined  resources will
create for our customers, employees and communities."

"Throughout  the merger process,  everyone  worked  diligently and tirelessly to
maintain our standards of providing  superior  service to our  customers,"  said
Ernest A. Moretti,  President of Wyman Park.  "We are  especially  pleased to be
able to reward our  stockholders,  who have been very  supportive to us from the
beginning."

This news  release  contains  forward-looking  statements  regarding  Wyman Park
Bancorporation, Inc. All forward-looking statements involve risk and uncertainty
and actual results could differ materially from the anticipated results or other
expectations  expressed  in the  forward-looking  statements.  A  discussion  of
factors  that  could  cause  actual  results  to differ  materially  from  those
expressed  in  the   forward-looking   statements  is  included  in  Wyman  Park
Bancorporation, Inc.'s filings with the Securities and Exchange Commission.