NEW RELEASE Sushil K. Tuli, President & CEO Tel. 781-646-3900 stuli@leaderbank.com Mark Orent to Manage Leader Bank’s Central Square Branch Posted date: Wednesday, June 29, 2005 Cambridge, MA. — Leader Bank, a full service commercial bank, announced the appointment of Mark Orent as Vice President to manage its new branch located at 675 Massachusetts Avenue, Cambridge, MA. Orent will be providing banking services and promoting the bank’s full line of deposit and lending products. Orent brings 25 years of experience in business and consumer banking to his position with Leader Bank. “We are very pleased to have someone with Mark’s experience managing this branch,” said Leader Bank President Sushil K. Tuli. Orent is well known within the community and has managed the Citizens Bank and CambridgePort Bank Branches in Central Square for the past 11 years. “Mark’s strong connections to local business and commitment to the community will enable Leader Bank to be even more responsive to the banking needs of our customers,” said Tuli. Orent is confident that Central Square is the right place for Leader Bank. “This is an active community with local people looking for a bank that offers a personal relationship, free checking accounts with no minimum balance, competitive rates, and free online bill payment. These customers will find all of that and more at Leader Bank,” said Orent. The Central Square branch represents Leader Bank’s continued expansion in the greater Boston area. Leader Bank offers a full range of personal and business banking products including free personal and business checking accounts, lending products, home equity loans and deposit products all with highly competitive rates. For customer convenience, the Central Square branch includes two automated teller machines and a night depository in addition to Leader Bank’s free online banking and bill payment services. Visit Leader Bank’s Central Square Branch at 675 Massachusetts Avenue, Cambridge, MA 02139 or take advantage of our website at www.leaderbank.com.. To contact Leader Bank, please call our toll free number (877) 691-7900 or email Mark Orent, Branch Manager at MarkOrent@leaderbank.com.