PFLC Pacific Financial Corp (QX)

In a release issued under the same headline earlier today by Pacific Financial Corporation (OTCQB:PFLC), please note that in the first paragraph of the release, the Bank of the Pacific is the subsidiary of Pacific Financial Corporation and not of Bank of the Pacific Corporation, as erroneously mentioned.

CONTACT: DENISE PORTMANN, PRESIDENT & CEO
         BANK OF THE PACIFIC
         LYN HAMILTON, VP, DIRECTOR OF GOVERNMENT LENDING
         BANK OF THE PACIFIC
         253.964.1644
         
         The Cereghino Group
         IR CONTACT: 206-388-5785