Harbor National Bank to Open Office in Anaheim; Office To be Headed Up by Long-Time Orange County Banker Stanley Pawlowski.

Business Editors

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--June 18, 2002

Harbor National Bank (OTCBB:HNTB), Orange County's premier business bank with offices in Dana Point and Newport Beach, today announced that the bank intends to open a third branch office in downtown Anaheim this summer. The office will be headed up by long-time banking veteran, Stanley Pawlowski.

Mr. Pawlowski has been a banker in the Anaheim area for over forty years, including eleven years as Chairman and CEO of El Camino Bank, which was sold in 1990. Most recently he was Executive Vice President of US Bank in Anaheim. He is an active participant in a number of civic and community organizations throughout Orange County. He is presently Chairman of the Anaheim Police Widows & Orphans Association and Chairman of the Advisory Board for St. Catherine's Military School. In addition, Mr. Pawlowski is Co-Chairman of Anaheim YMCA Fundraising Campaign and is a counselor for the Orange County region of the Equestrian Order of the Holy Sepulcher.

Harbor National Bank was founded in 1982 and has offices in Dana Point and Newport Beach. The Bank recently reported total assets of over $92 million and is currently raising additional capital in support of its expansion and growth plans.

"We are very excited to have this opportunity of opening an office in the heart of our County," said David Blankenhorn, President and CEO of Harbor National Bank. "We are also very fortunate that Stanley Pawlowski has agreed to join us. I have known him personally for many years and am convinced that his experience and deep knowledge of banking in Orange County will be of immense benefit to us going forward."

About Harbor National Bank

Harbor National Bank, formerly Dana Niguel Bank, N.A., was founded in 1982 as a local independent Bank serving south Orange County. In 2000, the Bank expanded its service area to include the John Wayne Airport Area and its surrounding communities.

Safe Harbor for Forward-Looking Statements: Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, including revenues, income and expenses, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: 1) the impact of changes on interest rates, a decline in economic conditions and increased competition among financial service providers on the Bank's results of operations 2) The Bank's ability to continue its internal growth rate 3) the Bank's ability to build net interest spread 4) the quality of the Bank's earning assets and 5) government regulations. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events