Exhibit 99.1

            Change in Audio Access Information for Astoria Financial
              Presentation at Investor Conference on November 11th

    LAKE SUCCESS, N.Y., Nov. 2 /PRNewswire-FirstCall/ -- Astoria Financial
Corporation ("the Company") (NYSE: AF), as previously announced, will be
presenting at the Sandler O'Neill 2004 Financial Services Conference at
10:55 a.m. on Thursday, November 11, 2004.  A simultaneous webcast of the
Company's presentation, including the slide presentation and any follow-up
questions and answers, will be available on the Company's website,
http://www.astoriafederal.com and archived through November 19, 2004.  Live
audio access is also available through a direct telephone dial in to
(706) 645-9215.  However, audio callers using the direct dial-in should refer
to the "Sandler O'Neill Conference - Session 3" for live audio access.



SOURCE  Astoria Financial Corporation
    -0-                             11/02/2004
    /CONTACT:  Peter J. Cunningham, First Vice President, Investor Relations
of Astoria Financial Corporation, +1-516-327-7877, ir@astoriafederal.com /
    /Company News On-Call:  http://www.prnewswire.com/comp/104529.html /
    /Web site:  http://www.astoriafederal.com /
    (AF)

CO:  Astoria Financial Corporation
ST:  New York
IN:  FIN
SU:  TDS CCA