Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company"), the parent company of The Dime Savings Bank of Williamsburgh ("Dime"), today announced that the Company expects to release its earnings for the quarter ended September 30, 2010 prior to the opening of the U.S. equity markets on Monday, October 25, 2010.

ABOUT DIME COMMUNITY BANCSHARES The Company had $4.15 billion in consolidated assets as of June 30, 2010, and is the parent company of Dime. Dime was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-five branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. More information on the Company and Dime can be found on the Dime's Internet website at www.dime.com.

Contact: Kenneth Ceonzo Director of Investor Relations 718-782-6200 extension 8279

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