ADVISORY/BankAtlantic Bancorp's Investor Conference Call Will Be Held Monday, September 10, 2001 at 1:30 p.m.

Business Editors

ADVISORY...Monday (Sept. 10)

--(BUSINESS WIRE)--Sept. 10, 2001

WHO:      BankAtlantic Bancorp (NYSE:BBX)

WHAT:     You are cordially invited to participate in BankAtlantic
          Bancorp's Investor Conference Call.

WHEN:     BankAtlantic Bancorp will conduct the call on Monday,
          September 10, 2001 at 1:30 p.m. Eastern to elaborate on the
          strategic and financial implications of the merger.

In the United States, the phone number to call is 1-877-692-2596. International calls may be placed to 973-633-6740. A replay feature will be available beginning at approximately 3:00 p.m. on Monday, September 10th, through 5:00 p.m. on Friday, September 14th. To access the replay option, U.S. calls may be placed to 1-877-519-4471. International calls may be placed to 973-341-3080.

Market and financial overview information on the transaction prepared by BankAtlantic may be obtained on the Internet at: http://www.newstream.com/public_story.html?3904 under "Assets", or www.BusinessWire.com.

For a copy by email, fax or mail, please contact:

BankAtlantic Bancorp Investor Relations 1750 East Sunrise Blvd. Fort Lauderdale, FL 33304 Telephone: [phone] Fax: [phone] Email: [e-mail]