NEWS RELEASE

FOR IMMEDIATE RELEASE

FOR FURTHER INFORMATION
CONTACT:                             Sheli L. Fyock
                                     Asst. Vice President-Marketing
                                     % Irwin Bank & Trust Company
                                     309 Main Street
                                     Irwin, PA  15642
                                     Phone: 724-978-2705
                                     Email: sfyock@irwinbank.com
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         IBT BANCORP, INC. CONDUCTS 2004 ANNUAL MEETING OF STOCKHOLDERS


         Irwin,  Pennsylvania,  April 20, 2004, (AMEX: IRW) - IBT Bancorp,  Inc.
(the  "Company"),  the  holding  company of Irwin Bank & Trust  Company,  Irwin,
Pennsylvania   (the  "Bank"),   announced   that  its  2004  Annual  Meeting  of
Stockholders was held on Tuesday, April 20, 2004. At the meeting, Robert Rebich,
Jr., Grant J. Shevchik and Charles G. Urtin were elected as directors,  each for
a  three-year  term.  John N.  Brenzia was elected as a director  for a two-year
term.  Mr.  Brenzia  currently  holds the position of Vice  President  and Chief
Financial  Officer of Irwin Car and Equipment.  Prior to his position with Irwin
Car and Equipment,  Mr.  Brenzia  served in the financial  department of Elliott
Company, a multi-national  manufacturer of heavy machinery. Mr. Brenzia is a new
member to the Board of  Directors.  He replaces  Mr.  Thomas  Beter who recently
retired from the Board after  reaching  mandatory  retirement  age in accordance
with the  Company's  Bylaws.  Stockholders  also  ratified  the  appointment  of
Edwards, Sauer & Owens as independent accountants for the Company for the fiscal
year ending December 31, 2004.

         The Company's  stock is traded on AMEX under the symbol "IRW." The Bank
is a community oriented bank which offers a variety of savings deposit and other
products to its retail  customers.  The Bank offers a wide range of real estate,
consumer and commercial loans. The Bank's website is www.myirwinbank.com.  As of
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December  31, 2003,  the Company had total  assets,  deposits and  stockholders'
equity of $629.5 million, $569.9 million and $59.6 million, respectively.

         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.