EX-99 2 l13622aexv99.txt EXHIBIT 99 CAMCO FINANCIAL CORPORATION ------------------------------------------------------------------------------- 6901 Glenn Highway Cambridge, OH 43725-9757 Phone: 740-435-2020 Fax: 740-432-2743 [Private Fax] EXHIBIT 99 --------------------------------- CONTACTS: RICHARD C. BAYLOR, CEO PHONE: 740-435-2040 OR MARK A. SEVERSON, CFO PHONE: 740-435-2055 --------------------------------- ------------------------------ ------------------------------ 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.