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OMEGA ANNOUNCES 15 PERCENT DIVIDEND INCREASE

 STATE COLLEGE, Pa., June 4 /PRNewswire/ -- Omega Financial Corporation (NASDAQ: OMEF), headquartered in State College, increased its second quarter dividend 15 percent, it was announced today.
 Omega shareholders will receive $.15 per share, up from $.13 paid in the three prior quarters.
 David B. Lee, Omega chairman and CEO, said that the increased dividend is part of Omega's focus on improving shareholder value. "Maintaining an attractive dividend package for shareholders is high on our agenda," Lee said.
 The quarter's dividend is payable to shareholders of record at June 16, 1993, and will be distributed on June 30, 1993. Stock transactions on and after June 10, 1993, will be ex-dividend.
 Omega, which operates through its subsidiaries, the Peoples National Bank of Central Pennsylvania, headquartered in State College, and The Russell National Bank headquartered in Lewistown, Pa., currently operates 22 banking offices in Centre, Clinton, Juniata and Mifflin counties.
 /delval/
 -0- 6/4/93
 /CONTACT: Robert A. Frederick, director of public relations of Omega Financial, 814-231-5773/
 (OMEF)


CO: Omega Financial Corporation ST: Pennsylvania IN: FIN SU: DIV

KC-CD -- PG005 -- 5432 06/04/93 12:19 EDT
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Publication:PR Newswire
Date:Jun 4, 1993
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