WNNB Wayne Bancorp (MM)

Wayne Bancorp, Inc. Announces 5.02 Percent Increase in Third Quarter Dividend WOOSTER, Ohio, Aug. 19 /PRNewswire-FirstCall/ -- The Board of Directors of Wayne Bancorp, Inc. (NASDAQ:WNNB), parent holding company of Wayne County National Bank (WCNB), Savings Bank & Trust (SBT), Access Financial Corp. (AFC) and MidOhio Data, Inc. (MID), announced today the declaration of a third quarter dividend of $.18 per share, payable September 30 to shareholders of record August 31. "The third quarter dividend of $.18 per share represents an increase of 5.02 percent per share, as adjusted for stock dividends, compared to the same period one year ago," said David P. Boyle, Chairman, President and CEO, Wayne Bancorp, Inc. Boyle added, "Consistent with the memorandum of understanding the Company has entered into with the regulatory authorities prior approval to pay this dividend was requested and has been approved by the regulators. Future dividends, if any, are subject to the same approval process until the memorandum of understanding has been removed." Wayne Bancorp, Inc. (NASDAQ:WNNB) is an $811 million financial services company. Its bank affiliates -- Wayne County National Bank and Savings Bank & Trust -- operate banking centers in Wayne, Holmes, Medina and Stark Counties. The Company's non-bank affiliates, including, MidOhio Data, Inc, which performs proof and data processing operations, and Chippewa Valley Title Agency, Inc., a wholly-owned subsidiary of WCNB are both located in Wayne County, while Access Financial Corp., a consumer finance company is located in Stark county. For more information, visit WCNB's Web site at http://www.wcnb.com/ and SBT's Web site at http://www.svgsbank.com/ . DATASOURCE: Wayne Bancorp, Inc. CONTACT: David P. Boyle, CPA, Chairman, President and CEO of Wayne Bancorp, Inc., +1-330-264-1222, ext. 228 Web site: http://www.wcnb.com/ http://www.svgsbank.com/

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