FFFL Fidelity Bankshares

WEST PALM BEACH, Fla., June 5 /PRNewswire-FirstCall/ -- Fidelity Bankshares, Inc. (NASDAQ:FFFL), the holding company for Fidelity Federal Bank & Trust, announced the opening of its 52nd branch located in Boca Raton. Located at 1150 Yamato Road, it is the bank's fifth branch in Boca Raton. Fidelity Federal has 44 branches in Palm Beach County, three in Broward County, three in Martin County and two in St. Lucie County. At March 31, 2006, Fidelity Bankshares, Inc., through its subsidiary Fidelity Federal Bank & Trust, had assets of $4.24 billion and deposits of $3.67 billion and operates in Florida through 52 offices in Palm Beach, Broward, Martin and St. Lucie counties. An investment profile on Fidelity Bankshares may be found on http://www.hawkassociates.com/fidelitybankshares/profile.php . For more information, contact Chairman and CEO Vince A. Elhilow or Chief Financial Officer Richard D. Aldred at (561) 803-9900, or Frank Hawkins or Julie Marshall, Hawk Associates, Inc., at (305) 451-1888, e-mail: . Information about Fidelity Bankshares, Inc. can be found on http://www.fidelityfederal.com/ . Fidelity Bankshares press releases, SEC filings, current price quotes, stock charts and other valuable information for investors may be found on http://www.hawkassociates.com/ . DATASOURCE: Fidelity Bankshares, Inc. CONTACT: Vince A. Elhilow, Chairman and CEO, or Richard D. Aldred, Chief Financial Officer, both of Fidelity Bankshares, +1-561-803-9900; or Frank Hawkins or Julie Marshall, both of Hawk Associates, Inc., +1-305-451-1888, or , for Fidelity Bankshares Web site: http://www.fidelityfederal.com/ http://www.hawkassociates.com/ http://www.hawkassociates.com/fidelitybankshares/profile.php

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