Oriental Financial Group to Announce Fourth Quarter 2010 Results February 3, 2011

February 1, 2011

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- Oriental Financial Group Inc. (NYSE: OFG) will release its fourth quarter 2010 financial results on Thursday, February 3, 2011 before the market opens. The Company will hold its conference call the same day at 10:00 AM Eastern Time. 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 47th year in business, Oriental provides a full range of mortgage, commercial and consumer banking services, as well as financial planning, trust, insurance, investment brokerage and investment banking services, primarily in Puerto Rico, through 30 financial centers. Investor information can be found at www.orientalfg.com.

# # #

Source: Oriental Financial Group Inc.

Contact:

Puerto Rico:

Oriental Financial Group Inc.

Marilyn Santiago-Colón, 787-993-4648

or

U.S.:

Anreder & Company

Steven Anreder and Gary Fishman, 212-532-3232