HNBC Harleysville Natl Corp Pa (MM)

Harleysville National Corporation Increases Dividend; Continues 29 Consecutive Years of Dividend Payments HARLEYSVILLE, Pa., May 17 /PRNewswire-FirstCall/ -- The Board of Directors of Harleysville National Corporation (HNC) declared a regular cash dividend for the second quarter of 2004 of $.17 per share on 24,936,492 shares of outstanding common stock. The dividend, which represents an 11.8% increase over the regular dividend paid in the same period last year, is payable June 15, 2004, to shareholders of record May 28, 2004. "We are extremely pleased to again be able to reward our loyal shareholders," said Walter E. Daller Jr., Chairman, President and CEO. "This continues 29 consecutive years of dividend payments. We are also happy to report that we have successfully completed the acquisition of Millennium Bank, a $200 million bank, and its wholly-owned subsidiary, Cumberland Advisors, Inc. earlier this month," he said. Harleysville National Corporation, with assets of $2.7 billion, is the holding company for its major subsidiary, Harleysville National Bank and Trust Company (HNB). Providing Real Life Financial Solutions, HNB operates 45 offices in 10 counties throughout eastern Pennsylvania. Individuals, families and businesses can apply for banking, trust and investment services at any HNB office, by calling 1-888-HNB-2100 or online at http://www.harleysvillebank.com/. Investment Management and Trust Services are provided through the Millennium Wealth Management and Private Banking Group, a division of HNB, with assets of approximately $1.4 billion. Harleysville National Corporation stock is traded under the symbol "HNBC" and is commonly quoted under Nasdaq National Market Issues. For more information, visit the HNC Web site at http://www.hncbank.com/. This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the Company's financial services and products may not occur, changing economic and competitive conditions, technological developments, and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission. DATASOURCE: Harleysville National Corporation CONTACT: Walter E. Daller Jr., Chairman, President and CEO of Harleysville National Corporation, +1-800-423-3945 Web site: http://www.hncbank.com/

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