Mid Penn Bancorp, Inc. Stock Repurchase Program Terminated

  
    
  
  
    
      A Mid Penn Bancorp, Inc. (AMEX:MBP) Stock Repurchase Program approved by 
      the Board of Directors in September 2005 will terminate on June 30, 
      2008. The program allowed for purchases totaling up to 250,000 shares. 
      The Company’s open-market purchases have 
      accumulated 34,504 shares, or just 13.8% allowable under the program, 
      during the 33 months since its inception. Despite a weak general market, 
      Mid Penn Bancorp’s stock price reached 52-week 
      highs during the past week. Due to the limited trading volume, 
      compounded by the recent strong share price, Mid Penn Bancorp’s 
      Board of Directors and management decided at the June 25, 2008 Board 
      Meeting to end this program effective June 30, 2008, and directed 
      management to design a new stock repurchase program, focusing on 
      privately negotiated blocks of stock, to be evaluated in the coming 
      months.
    
    
      Mid Penn Bancorp, Inc., through its subsidiary Mid Penn Bank, operates 
      15 offices in Dauphin, Northumberland, Schuylkill and Cumberland 
      Counties. Mid Penn Bank is a full-service banking institution that has 
      not participated in any sub-prime lending activities. For more 
      information about Mid Penn Bancorp, visit www.midpennbank.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 Corporation’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 Corporation’s 
      filings with the Securities and Exchange Commission.