EX-99.1 2 af8846ex991.htm EXHIBIT 99.1

Exhibit 99.1

 

 

Message

 

 

 

Link to searchable text of Slide Shown above


[LOGO OF ASTORIA FINANCIAL CORPORATION]

Goodwill Claims - Update

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U.S. Court of Appeals for the Federal Circuit reversed AF award of $436 million on February 1, 2007 in the LISB case

 

 

 

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AF reviewing legal alternatives

 

 

 

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Remaining goodwill litigation claim

 

 

 

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$160 million of original supervisory goodwill created by Fidelity NY  - $135 million written off

 

 

 

 

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U.S. Court of Federal Claims scheduled April 19, 2007 as the commencement of trial for the Fidelity NY claim