BankUnited to Present at Keefe, Bruyette & Woods Community Bank Conference.

CORAL GABLES, Fla. -- BankUnited Financial Corporation (NASDAQ:BKUNA) is scheduled to participate in the Keefe, Bruyette & Woods Community Bank Conference at 2 p.m. (EDT) on Wednesday, Aug. 1, 2007, in New York. Bert Lopez, BankUnited's senior executive vice president and chief financial officer, will present the company's strategic and financial overview, which will be made available via a live audio Web cast at http://www.kbw.com/news/conferenceCommunity.html. All audio and presentations will be archived for 60 days after the event.

BankUnited Financial Corp. is the holding company for BankUnited FSB, the largest banking institution headquartered in Florida. At June 30, 2007, BankUnited had assets of $14.5 billion.

Serving customers through 83 branches in 13 coastal counties, including Miami-Dade, Broward, Palm Beach, Martin, St. Lucie, Collier, Charlotte, Manatee, Hillsborough, Sarasota, Lee, Indian River and Pinellas, BankUnited offers a full spectrum of consumer and commercial banking products and services, including online products that can be accessed through http://www.bankunited.com. For additional information, call [phone].

Forward-Looking Statements

This press release may contain certain forward-looking statements, which are based on management's expectations regarding factors that may impact the company's earnings and performance in future periods. Words and phrases such as: "will likely result," "expect," "will continue," "anticipate," "estimate," "project," "believe," "intend," "should," "would," "may," "can," "could," "plan," "target" and similar expressions are intended to identify "forward-looking statements." Actual results or performance could differ from those implied or contemplated by such statements. Factors that could cause future results and performance to vary materially from current management expectations include, but are not limited to, general business and economic conditions, either nationally or regionally; fiscal or monetary policies; significant weather events such as hurricanes; changes or fluctuations in the interest rate environment; a deterioration in credit quality and/or a reduced demand for credit; reduced deposit flows and loan demand; real estate values; competition from other financial service companies in our markets; legislative or regulatory changes, including, among others, changes in accounting standards, guidelines and policies; the issuance or redemption of additional company debt or equity; the concentration of operations in Florida, if Florida business or economic conditions decline; reliance on other companies for products and services; the impact of war and the threat and impact of terrorism; volatility in the market price of the company's common stock; and other economic, competitive, servicing capacity, governmental, regulatory and technological factors affecting the company's operations, price, products and delivery of services.