New York Community Bancorp, Inc. to Issue Third Quarter 2008 Earnings Release on October 29, 2008; Conference Call Set for 9:30 A.M. (ET)

The Company will conduct a post-earnings conference call at 9:30 a.m. (ET) on October 29th, during which Chairman, President, and Chief Executive Officer Joseph R. Ficalora will discuss highlights of the Company's third quarter 2008 performance and its business model. The conference call will be simultaneously webcast at www.myNYCB.com and archived through 5:00 p.m. on November 28, 2008. Information about the conference call follows:

Access Code for Dial-in and Replay: 4672816 Dial-in: Domestic: (877) 852-6581 International: (719) 325-4811 Replay: October 29 (12:30 p.m.) - November 3 (midnight) Domestic: (888) 203-1112 International: (719) 457-0820

New York Community Bancorp, Inc. is the $31.1 billion holding company for New York Community Bank and New York Commercial Bank, and a leading producer of multi-family loans for portfolio in New York City. With 178 offices serving customers in New York City, Long Island, and Westchester County in New York, and Essex, Hudson, Mercer, Middlesex, Monmouth, Ocean, and Union counties in New Jersey, New York Community Bank is the fourth largest thrift depository in its market. Reflecting the growth of the franchise through a series of acquisitions, the Community Bank currently operates through six local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, Synergy Bank, and Garden State Community Bank. New York Commercial Bank currently has 38 branches serving Manhattan, Queens, Brooklyn, Westchester County, and Long Island, including 19 branches of Atlantic Bank. Additional information about New York Community Bancorp, Inc. and its bank subsidiaries is available at www.myNYCB.com and www.NewYorkCommercialBank.com.

SOURCE: New York Community Bancorp, Inc.

New York Community Bancorp, Inc. Ilene A. Angarola Executive Vice President & Director, Investor Relations 516-683-4420