Commercial Federal Fourth Quarter 2002 Earnings Conference Call.

Business Editors

OMAHA, Neb.--(BUSINESS WIRE)--Jan. 7, 2003

Commercial Federal Corporation will release fourth quarter 2002 earnings results before the NYSE market opens on Thursday, February 6, 2003. William A. Fitzgerald, chairman and chief executive officer, will host a conference call that morning at 10:30 a.m. CT. Forward-looking and other material information may be discussed on this conference call.

Media representatives, analysts and investors are invited to participate in the conference call by dialing 1-800-230-1096. For those unable to listen to the call live, a conference call replay will be available from approximately 2:00 p.m. CT on Thursday, February 6, through midnight on February 8, 2003. The conference call replay can be accessed by dialing 1-800-475-6701 and entering passcode 669811.

The conference call will also be available online at www.comfedbank.com on a listen-only basis. The link to Commercial Federal's live webcast can be found within the Investor Relations section of the Web site by clicking on the Webcast button. The webcast replay of the call will be available on the Web site. All remarks made during the conference call will be current at the time of the call and will not be updated to reflect subsequent material development.

Commercial Federal Corporation (NYSE:CFB) is the parent company of Commercial Federal Bank, a $13.5 billion federal savings bank that currently operates branches located in Nebraska, Iowa, Colorado, Kansas, Oklahoma, Missouri, and Arizona. Commercial Federal provides consumer and commercial banking services including mortgage origination and servicing, commercial and industrial lending, small business banking, construction lending, cash management, brokerage and insurance services, and Internet banking. Commercial Federal's Web site can be accessed at www.comfedbank.com.