Oriental Financial Group Declares Regular Quarterly Cash Dividend of $0.04 Per Common Share

August 27, 2009

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Oriental Financial Group Inc. (NYSE: OFG) today announced that its Board of Directors declared a regular quarterly cash dividend of $0.04 per common share for the third quarter ending September 30, 2009, payable on October 15, 2009, to holders of record on September 30, 2009, with an ex-dividend date of September 28, 2009.

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 45th year in business, Oriental provides a full range of mortgage, commercial and consumer banking services through 23 Oriental Group 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 because of developments occurring after the date of issuance.

    Source: Oriental Financial Group Inc.
Contact: Puerto Rico: Oriental Financial Group Inc. Marilyn Santiago-Colon, 787-993-4648 or U.S.: Anreder & Company Steven Anreder / Gary Fishman, 212-532-3232