LAKE SUCCESS, N.Y., Jan. 5 /PRNewswire-FirstCall/ -- Astoria Financial Corporation (NYSE:AF), announced that it expects to report fourth quarter and full year 2008 earnings on Wednesday, January 28, 2009 at approximately 5:00 p.m. Eastern Time (ET). A copy of the news release will be immediately available on its web site, http://www.astoriafederal.com/. The Company also announced that George L. Engelke, Jr., Chairman & CEO of Astoria will host an earnings conference call on Thursday morning, January 29, 2009 at 10:00 a.m. (ET). Toll-free dial-in: (888) 562-3356 Conference ID: 78667060 International dial-in: (973) 582-2700 Conference ID: 78667060 A simultaneous webcast of the conference call will also be available on the Company's web site at http://www.astoriafederal.com/ and will be archived for one year. A telephone replay will be available on Thursday, January 29, 2009 from 1:00 p.m. (ET) through Friday, February 6, 2009, 11:59 p.m. Replay # (Domestic): (800) 642-1687 PIN Code: 78667060 Replay # (International) (706) 645-9291 PIN Code: 78667060 Astoria Financial Corporation, with assets of $22.2 billion, is the holding company for Astoria Federal Savings and Loan Association. Established in 1888, Astoria Federal, with deposits in New York totaling $13.1 billion, is the largest thrift depository headquartered in New York and embraces its philosophy of "Putting people first" by providing the customers and local communities it serves with quality financial products and services through 85 convenient banking office locations and multiple delivery channels, including its enhanced website, http://www.astoriafederal.com/. Astoria Federal commands the fourth largest deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk counties with a population exceeding that of 38 individual states. Astoria Federal originates mortgage loans through its banking and loan production offices in New York, an extensive broker network covering eighteen states, primarily the East Coast, and the District of Columbia, and through correspondent relationships covering nineteen states and the District of Columbia. DATASOURCE: Astoria Financial Corporation CONTACT: Peter J. Cunningham, First Vice President, Investor Relations, of Astoria Financial Corporation, +1-516-327-7877, Web Site: http://www.astoriafederal.com/

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