Comm Bancorp, Inc. Holds Annual Stockholders' Meeting

Fri. June 06, 2008; Posted: 11:25 AM

Stockholders voted to fix the number of directors at ten and elected the following directors to serve for a one-year term: David L. Baker, Senior Vice President of Community Bank & Trust Company; William F. Farber, Sr., President and Chief Executive Officer and Chairman of Comm Bancorp, Inc.; Judd B. Fitze, partner in Farr, Davis & Fitze; Dean L. Hesser, President of Tom Hesser Chevrolet, Inc. and Tom Hesser Nissan, LLC; John P. Kameen, publisher of The Forest City News; William A. Kerl, President of Kerl Coal, Oil and Trucking Company, Inc.; Erwin T. Kost, President of Kost Tire Distributors, Inc.; Susan F. Mancuso, partner in Mancuso and Mancuso Accounting and Tax Service; Robert A. Mazzoni, Judge of the Court of Common Pleas of Lackawanna County; and Joseph P. Moore, III, automobile dealer, Manheim Imports. In addition, stockholders ratified the appointment of Beard Miller Company LLP as independent auditors for the current fiscal year.

John P. Kameen, Secretary, called the meeting to order and welcomed the more than 200 stockholders in attendance. During a brief presentation, William F. Farber, Sr., addressed the stockholders about the Company=s recent performance and future projects. After the presentation, Mr. Kameen introduced the guest speaker, Mr. Louis D. D'Amico, Executive Director of the Independent Oil and Gas Association of Pennsylvania, who addressed stockholders about the economic impact of natural gas drilling in Northeastern Pennsylvania.

Comm Bancorp, Inc. serves six Pennsylvania counties through Community Bank & Trust Company's sixteen community banking offices and one loan productions office. Each office, interdependent with the community, offers a comprehensive array of financial products and services to individuals, businesses, nonprofit organizations and government entities. In addition, customers can take advantage of Klick(SM) Banking, on-line banking services, by accessing the Company's web site at http://www.combk.com. The Company's business philosophy includes offering direct access to its President and other officers and providing friendly, informed and courteous service, local and timely decision making and flexible and reasonable operating procedures and consistently-applied credit policies.

Visit Comm Bancorp, Inc. on the World Wide Web at http://www.combk.com.

Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties in the banking industry and overall economy. Such risks and uncertainties are detailed in the Company's Securities and Exchange Commission reports including the Annual Report on Form 10-K for the year ended December 31, 2007 and Quarterly Report of Form 10-Q for the quarter ended March 31, 2008.

SOURCE Comm Bancorp, Inc.

http://www.combk.com

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