SAN JUAN, Puerto Rico--(BUSINESS WIRE)--

Oriental Financial Group Inc. (NYSE: OFG) today announced that Jose Rafael Fernandez, President and CEO, will be presenting at the Keefe, Bruyette & Woods, Inc.Community Bank Investor Conference on Wednesday, August 1, 2007, at 3:30 PM ET, in New York City. Joining Mr. Fernandez will be Julio R. Micheo, SEVP, Chief Investment Officer and Treasurer; and Norberto Gonzalez, EVP and Chief Financial Officer. KBW plans to webcast the live presentation at www.kbw.com/news/conferenceCommunity.html. The webcast will be archived for 60 days after the event.

About Oriental Financial Group

Oriental Financial Group Inc. is a diversified financial holding company operating under U.S. and Puerto Rico banking laws and regulations. Now in its 42nd year in business, Oriental provides a full range of mortgage, commercial and consumer banking services through 25 financial centers in Puerto Rico, as well as financial planning, trust, insurance, investment brokerage and investment banking services. Investor information about Oriental can be found at www.orientalfg.com.

Forward-Looking Statements

This news release may contain forward-looking statements that reflect management's beliefs and expectations and are subject to risks and uncertainties inherent to the Group's business, including, without limitation, the effect of economic and market conditions, the level and volatility of interest rates, and other risks and considerations detailed in the Group's filings with the Securities and Exchange Commission. These or other factors could cause actual results to differ materially from forward-looking statements. The Group also disclaims any obligations to update information contained in this news release as a result of developments occurring after the date of issuance.

Source: Oriental Financial Group Inc.

Contact: Puerto Rico: Oriental Financial Group Juan C. Cruz, 787-771-6820 or U.S. Anreder & Company Steven Anreder and Gary Fishman, 212-532-3232