CORRECTING AND REPLACING First Washington State Bank Announces Opening of Marlboro Office.

Business Editors

CORRECTION...by First Washington State Bank

WINDSOR, N.J.--(BUSINESS WIRE)--Oct. 9, 2003

In BW5453 issued Oct. 9, 2003: Second graph, second sentence of release should read: The Marlboro Office drive-thru lanes will be open Monday thru Saturday at 7:30am... (sted The Marlboro Office drive-thru lanes will be open Monday thru Friday at 7:30am...).

The corrected release reads:

FIRST WASHINGTON STATE BANK ANNOUNCES OPENING OF MARLBORO OFFICE

First Washington State Bank Chairman of the Board, Abraham S. Opatut announced the recent opening of the Bank's Marlboro Office. The office is conveniently located in the Ryan Road Plaza on the corner of Route 79 and Ryan Rd in Marlboro, New Jersey.

The full service branch office has three drive-thru lanes, a night depository, ATM facilities, and will offer extended banking hours. The Marlboro Office drive-thru lanes will be open Monday thru Saturday at 7:30am, and Sunday at 11:00am and will close at 8:00pm Monday thru Friday, 6:00pm on Saturday and 4:00pm on Sunday, offering consumers the flexibility to Bank when it is most convenient for them. In addition to offering 7 day branch banking, the office will be open regularly scheduled hours on most holidays.

"First Washington State Bank is sensitive to the needs of the community and we felt that the extended hours offered in the Marlboro Office would fill a need and offer a convenience to our customers," stated Mr. Abraham Opatut, Chairman of the Board.

C. Herbert Schneider, President and CEO of First Washington State Bank, said "We are proud of being a community bank and of our ability to keep in touch with those in the communities we serve and are pleased to be a part of the Marlboro community."

First Washington State Bank, established in 1989, currently has assets of over $416 million. The Bank, which is headquartered in Windsor, New Jersey, maintains twelve branch offices in Mercer, Monmouth and Ocean Counties and plans to open new branch offices in Hamilton and Ewing, New Jersey before year-end. In the first quarter of 2004, the Bank also plans to open its sixteenth branch office in Lawrence Township, New Jersey.

First Washington State Bank is part of First Washington FinancialCorp, which is traded on the NASDAQ under the trading symbol FWFC and can be accessed via the Internet at www.FWSB.com.