EX-99 3 ex99-1.txt PRESS RELEASE - ANNOUNCING CASH DIVIDEND IBT BANCORP, INC. NEWS RELEASE APRIL 21, 2004 F O R I M M E D I A T E R E L E A S E --------------------------------------- FOR FURTHER INFORMATION CONTACT: Sheli L. Fyock Assistant Vice President/Marketing 309 Main Street Irwin, Pennsylvania 15642 Phone: 724-978-2705 Email: sfyock@irwinbank.com -------------------- IBT BANCORP, INC. ANNOUNCES 2nd QUARTER CASH DIVIDEND DECLARED APRIL 20, 2004 Irwin, Pennsylvania, April 21, 2004, (AMEX:IRW): The Board of Directors of IBT Bancorp, Inc. declared a cash dividend of $.40 per share on April 20, 2004. The dividend will be paid on Wednesday, May 12, 2004 to stockholders of record on April 30, 2004. This dividend represents a yield of 3.47% based upon a stock price of $46.05 at the close of business on April 20, 2004. IBT Bancorp, Inc. is a Pennsylvania corporation headquartered in Irwin, Pennsylvania, which provides a full range of commercial and retail banking services through its wholly owned banking subsidiary, Irwin Bank & Trust Company. The bank operates through its main office, six branch offices, a loan center, and a trust office, as well as through five supermarket branches under the name "Irwin Bank Extra" located in the Pennsylvania counties of Westmoreland and Allegheny. The Bank's website is www.myirwinbank.com. ------------------- The Company's common stock is traded on the American Stock Exchange under the symbol "IRW". Statements contained in this news release which are not historical facts are forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.