Ronald A. Walko, President and Chief Executive Officer of Penns Woods Bancorp, Inc., (Nasdaq:PWOD) has announced that the Company�s Board of Directors declared a first quarter 2009 cash dividend of $0.46 per share.

The dividend is payable March 24, 2009 to shareholders of record March 10, 2009.

Previous press releases and additional information can be obtained from the company�s website at www.jssb.com.

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