FFBZ First Fed Bancorp (MM)

First Federal Bancorp Announces Increase in Quarterly Cash Dividend ZANESVILLE, Ohio, Nov. 24 /PRNewswire-FirstCall/ -- First Federal Bancorp, Inc. today announced its Board of Directors has declared a 9% increase in the quarterly cash dividend to $0.06 per common share. The dividend is payable on January 2, 2004 to shareholders of record on December 17, 2003. J. William Plummer, President and Chief Executive Officer, commented "The higher quarterly cash dividend represents the fourth consecutive year it has been increased. We achieved growth in key areas during the past year. First Federal's balance sheet remains strong and we are working diligently to improve our financial performance." First Federal Bancorp, Inc. is the parent company of First Federal Savings Bank of Eastern Ohio, whose primary markets include Coshocton, Guernsey, Licking, Morgan, Muskingum, Perry, and Tuscarawas counties. Statements made in this press release that are not historical facts are forward-looking statements as 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 estimated results. Such risks and uncertainties are detailed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements made in this press release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements. DATASOURCE: First Federal Bancorp, Inc. CONTACT: Connie Ayres LaPlante, Treasurer of First Federal Bancorp, Inc., +1-740-588-2265

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