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1st Pacific Bancorp to Appoint Two Directors to Board.


Ronald J. Carlson and Christopher Scripps McKellar Added from Landmark National Bank

SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay.  -- 1st Pacific Bancorp (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:FPBN) today announced that it plans to appoint Landmark directors Ronald J. Carlson and Christopher Scripps McKellar to the corporate and bank boards of 1st Pacific once the transaction is finalized. The recently announced acquisition of Landmark National Bank by 1st Pacific Bancorp is expected to be completed in the late second or early third quarter of 2007.

James Knight Knight was born in England and joined the Hudson's Bay Company in 1676 as a carpenter; in 1682 he became Chief Factor of the trading post of Fort Albany in James Bay where he made himself rich. In 1697 he bought stock in HBC and in 1711 he gained a seat on the board of directors. , chairman of 1st Pacific Bancorp, commented, "Messrs. Carlson and McKellar bring intimate knowledge of Landmark National Bank's business and culture. Each will add a new dimension to our current board's already diverse range of experience and skills. We anticipate that their expertise will help guide a successful transition and integration of Landmark's management and operations."

Carlson, current director and former chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Landmark National Bank, has had a 44-year banking career in San Diego County. He has served as president of several community banks, including Scripps Bank, Bank of Rancho Bernardo and La Jolla La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and  Bank and Trust Company.

Carlson's community activities include volunteering with the Kiwanis Club of La Jolla, and serving as treasurer of San Diego Blood Bank, vice president and director of the Desert Pacific Council of the Boy Scouts of America Noun 1. Boy Scouts of America - a corporation that operates through a national council that charters local councils all over the United States; the purpose is character building and citizenship training , director of the Maritime Museum of San Diego and director of The Gillespie School.

McKellar is currently president of Capella, a real estate development company based in San Diego. He began his real estate career in 1971 and since that time has managed the acquisition, entitlement, financing, design, construction and marketing of more than 5,000 homes, 1,600 apartment units, 3.4 million square feet of commercial office, research and development, and industrial space.

McKellar was founder and chairman of the board of Legacy Bank and a founder and director of Scripps Bank from its formation in 1984 through its merger with U.S. Bancorp in 2000. He was also a director of Scripps Financial Corp., the bank's holding company.

Involved with numerous nonprofit organizations, McKellar is presently a trustee of the Bishop's School in La Jolla, and serves on the board of the Neuroscience Institute. He previously served as a trustee for the Scripps Clinic and Research Foundation, the La Jolla YMCA YMCA
 in full Young Men's Christian Association

Nonsectarian, nonpolitical Christian lay movement that aims to develop high standards of Christian character among its members.
; as Director of the La Jolla Museum of Contemporary Art and the San Diego Opera The San Diego Opera (SDO) is an opera company located in the city of San Diego, California. It was founded in 1950 to present productions by San Francisco Opera in the San Diego area. SDO began to stage its own productions in 1965, with its first staging of La bohème. , and as a member of the Vestery, St. James-by-the-Sea, La Jolla.

Forward-Looking Statements

This press release includes "forward-looking" statements as such term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. These statements are subject to risks and uncertainties and actual results could differ materially due to certain risk factors, including those in 1st Pacific Bancorp's filings with the SEC and Landmark National Bank's filings with the OCC OCC

See: Options Clearing Corporation


OCC

See Options Clearing Corporation (OCC).
. Specific relevant risks include whether both companies receive regulator and shareholder approvals, 1st Pacific Bancorp obtains the cash required to consummate the transaction, anticipated cost savings and synergies will be achieved and the integration of the two companies is successful. You should not place undue reliance on forward-looking statements and we undertake no obligation to update those statements.

The foregoing may be deemed to be solicitation material in respect of the proposed merger of Landmark National Bank with and into 1st Pacific Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West. , a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of 1st Pacific Bancorp. Shareholders are urged to read the joint proxy statement/prospectus that will be included in the registration statement on Form S-4, which 1st Pacific Bancorp will file with the SEC in connection with the proposed transaction, because it will contain important information about 1st Pacific Bancorp, 1st Pacific Bank of California and Landmark National Bank, the transaction and related matters. The directors and executive officers of 1st Pacific Bancorp and Landmark National Bank may be deemed to be participants in the solicitation of proxies from their respective shareholders.

Information regarding the participants and their security holdings can be found in the Form S-4 filed by 1st Pacific Bancorp on November 9, 2006, and in the 2005 Annual Report on Form 10-KSB filed by Landmark National Bank with the Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (or OCC) was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all national banks and the federal branches and agencies of foreign banks in the United States. , and in the joint proxy statement/prospectus when it is filed with the SEC. All documents filed with the SEC are or will be available for free, both on the SEC web site (www.sec.gov) and from 1st Pacific Bancorp by directing a request to 1st Pacific Bancorp, 4275 Executive Square, Suite 650, La Jolla, California 92037; Attention: Investor Relations Investor relations

The process by which the corporation communicates with its investors.
, or by telephone at (858) 875-2000, and from Landmark National Bank by directing a request to Landmark National Bank, 937 Lomas Santa Fe Drive, Solana Beach, California Solana Beach is a city in San Diego County, California, United States. The population was 12,979 at the 2000 census. Geography
Solana Beach is located at  (32.995393, -117.260380)GR1.
 92075, Attention: Investor Relations, or by telephone at Phone: (858) 509-2700.

About 1(st) Pacific Bancorp

1st Pacific Bancorp is the holding company for 1st Pacific Bank of California, San Diego's largest publicly owned community business bank. The bank offers a full complement of business products and services to meet the financial needs of professional firms, small to mid-sized businesses, their owners and the people who work there. Offices are located in the Golden Triangle area of La Jolla, in the Tri-Cities area of Oceanside, in Mission Valley, in Inland North County, and at its newest office in El Cajon. The bank opened Nov. 17, 2000 after raising $11.5 million in an initial public offering. For additional information, visit the Company's web site at www.1stpacbank.com.

About Landmark National Bank

Landmark National Bank offers traditional full-service banking to individual customers, professionals and small- and medium-sized businesses. In addition to a variety of deposit accounts and cash management services, the Bank offers a mix of loan products that include commercial, professional and industrial lending packages, as well as Small Business Administration loans and consumer, installment, home equity, construction and real estate loans.
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Publication:Business Wire
Date:Mar 27, 2007
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