Brannon Law Firm, L.L.C. Announces Initiation of Investigation Into GS Financial Corporation, Parent Company of Guaranty Savi...

Brannon Law Firm, L.L.C. ("Brannon"), Metairie based securities litigation law firm, announces that it is commencing an investigation into the Board of Directors of GS Financial, Inc. ("GS Financial" or the "Company") (NASDAQ: GSLA) to determine whether it has breached its fiduciary duties and other possible violations of state law in connection with the sale of GS Financial to Home Bankcorp, Inc. GS Financial Corp. is the parent company of Guaranty Savings Bank. On March 30, 2011, Home Bankcorp, Inc. announced a deal to buy Metairie based GS Financial for 26.4 million.

The investigation is focused on the potential unfairness of the consideration to GS Financial shareholders and whether GS Financial’s Board of Directors acted in the shareholders’ best interest and properly shopped the company before entering into the acquisition agreement with HomeBank Corp.

If you have information relevant to this investigation, or if you own common stock in GS Financial and wish to discuss your rights as a GSLA shareholder, you may contact Paul M. Brannon directly without obligation or cost to you at 504-456-8696; or by email to [e-mail].

Brannon Law Firm, L.L.C.

Paul M. Brannon

3500 North Hullen Street

Metairie, Louisiana 70002