Oriental Financial Group Second Quarter 2009 Conference Call on Wednesday, July 22, 2009 at 10 AM Eastern

July 20, 2009

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Oriental Financial Group Inc. (NYSE: OFG) will host a conference call on Wednesday, July 22, 2009, at 10:00 AM Eastern Time with Jose R. Fernandez, Vice Chairman of the Board, President and Chief Executive Officer; Julio R. Micheo, Senior Executive Vice President, Chief Investment Officer and Treasurer; and Norberto Gonzalez, Executive Vice President and Chief Financial Officer.

The call will be held to discuss the earnings release for the second quarter ended June 30, 2009 that will be issued after the close of market on Tuesday, July 21, 2009. The call will be accessible live via a webcast on Oriental's Investor Relations website at www.orientalfg.com. A webcast replay will be available shortly thereafter. Access the webcast link in advance to download any necessary software.

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 and Gary Fishman 212-532-3232