Unassociated Document

	Contact:	Peter J. Cunningham
		First Vice President, Investor Relations
		516-327-7877
		ir@astoriafederal.com

FOR IMMEDIATE RELEASE

ASTORIA FINANCIAL CORPORATION TO PRESENT AT

INVESTOR CONFERENCES

Lake Success, New York, August 27, 2007 -- Astoria Financial Corporation (NYSE: AF), announced that it will participate in investor conferences on September 11^th and September 26^th, 2007 sponsored by Lehman Brothers and RBC Capital Markets, respectively, the details of which are indicated below.

Lehman Brothers 2007 Financial Services Conference
Date:	September 11, 2007
Time:	11:45 a.m. (ET)
Speaker:	George L. Engelke, Jr., Chairman and Chief Executive Officer
Place:	New York City, New York

RBC Capital Markets 2007 Financial Institutions Conference
Date:	September 26, 2007
Time:	9:55 a.m. (ET)
Speaker:	Monte N. Redman, President and Chief Operating Officer
Place:	Martha’s Vineyard, Massachusetts

A simultaneous webcast of management’s presentation at each conference, including the slide presentation and any follow-up questions and answers, will be available on the Company’s website, www.astoriafederal.com. Both presentation webcasts will be archived on the Company’s website and will be available through Friday, October 5, 2007.

Astoria Financial Corporation, the holding company for Astoria Federal Savings and Loan Association, with assets of $21.6 billion is the sixth largest thrift institution in the United States. Established in 1888, Astoria Federal is the largest thrift depository headquartered in New York with deposits of $13.4 billion and embraces its philosophy of “Putting people first” by providing the customers and local communities it serves with quality financial products and services through 86 convenient banking office locations and multiple delivery channels, including its enhanced website, www.astoriafederal.com. Astoria Federal commands the fourth largest deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding that of 38 individual states. Astoria Federal originates mortgage loans through its banking offices and loan production offices in New York, an extensive broker network covering twenty-six states, primarily the East Coast, and the District of Columbia, and through correspondent relationships covering forty-three states and the District of Columbia.

The webcast and slide presentation referenced in this news release may contain a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements may be identified by the use of such words as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar terms and phrases, including references to assumptions.

Forward-looking statements are based on various assumptions and analyses made by us in light of management’s experience and its perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond our control) that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. These factors include, without limitation, the following: the timing and occurrence or non-occurrence of events may be subject to circumstances beyond our control; there may be increases in competitive pressure among financial institutions or from non-financial institutions; changes in the interest rate environment may reduce interest margins; changes in deposit flows, loan demand or real estate values may adversely affect our business; changes in accounting principles, policies or guidelines may cause our financial condition to be perceived differently; general economic conditions, either nationally or locally in some or all other areas in which we do business, or conditions in the securities markets or the banking industry may be less favorable than we currently anticipate; legislation or regulatory changes may adversely affect our business; applicable technological changes may be more difficult or expensive than we anticipate; success or consummation of new business initiatives may be more difficult or expensive than we anticipate; or litigation or matters before regulatory agencies, whether currently existing or commencing in the future, may be determined adverse to us or may delay the occurrence or non-occurrence of events longer than we anticipate. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date of this document.

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Delaware	001-11967	11-3170868
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(IRS Employer Identification No.)

(d)	Exhibits.

	The following Exhibit is filed as part of this report:

	Exhibit 99.1	Press release dated August 27, 2007.


	ASTORIA FINANCIAL CORPORATION

	By:	/s/ Peter J. Cunningham .
		Peter J. Cunningham
		First Vice President and Director of Investor Relations

Exhibit Number		Description
99.1		Press release dated August 27, 2007.