NWYF Northway Financial Inc (QB)

On January 26, 2010, the Board of Directors of Northway Financial, Inc. (the "Company") (OTCBB: NWYF) declared a common stock dividend of $0.12 per share. This dividend is payable on February 17, 2010 to shareholders of record on February 5, 2010. Please note that this Press Release is a correction to a Press Release dated January 27, 2010, where we indicated a record date of Sunday, February 7, 2010.

Northway Financial, Inc. and its subsidiary bank Northway Bank (the "Bank") are headquartered in Berlin, New Hampshire. The Bank, an FDIC insured State chartered bank, operates from 18 banking centers located throughout the central and northern regions of New Hampshire.

Contact: Richard P. Orsillo Senior Vice President and Chief Financial Officer 603-752-1171 Northway Financial, Inc. 9 Main Street Berlin, New Hampshire 03570