News Release

October 17, 2008

FNB EXPANDS SCHOLARSHIP PROGRAM TO INCLUDE LOWER BUCKS FAMILY YMCA PRE-K EDUCATION PROGRAM

The First National Bank and Trust Company of Newtown has added to its annual $95,000 Educational Improvement Tax Credit Program scholarship donation with an additional $10,000 donation to the Pre-K educational program at the Lower Bucks Family YMCA.

“We have proudly provided scholarship funding to eight area schools for the past few years and have now expanded our support to an important pre-school program to help ensure that the next generation gets off to a great start,” explained The First’s President and CEO, John T. Parry. “The EITC helps to provide children and families with a choice in their education and a chance in life.”

As in past years, the First has chosen to utilize the services of the Buckingham Friends School to distribute the scholarships to local schools. The scholarship program falls under Pennsylvania’s Educational Improvement Tax Credit Program which seeks to support education by encouraging corporate donations to non-profit scholarship or educational improvement organizations in exchange for tax credits.

For more information on how businesses can be involved in the EITC program, please visit www.paeitc.com. For more information about Buckingham Friends School, go to www.bfs.org. To learn more about the Lower Bucks Family YMCA, go to www.lowerbucksymca.org. For information about The First National Bank and Trust Company of Newtown, please visit www.fnbn.com.