The Franklin Savings and Loan Company and Oak Hill Banks Announce Termination of Branch Acquisition

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CINCINNATI, Feb. 29 /PRNewswire-FirstCall/ -- The Franklin Savings andLoan Company, subsidiary of First Franklin Corporation (Nasdaq: FFHS), andOak Hill Banks announced today that they have mutually agreed to terminatethe Branch Purchase and Assumption Agreement (the "agreement") by whichFranklin Savings would have acquired the Cherry Grove, Delhi and Trenton,Ohio offices of Oak Hill. Each of their respective boards of directors determined thatterminating the agreement relating to the acquisition of the Oak Hillbranches was in their respective company's best interests. No penaltieswill be incurred by either party in connection with the termination of theagreement, and each party will bear its own expenses related to theagreement. Franklin Savings has eight locations in Greater Cincinnati and iscelebrating its 125th anniversary during 2008.


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