Laurel Capital Group Declares Quarterly Dividend

Laurel Capital Group Declares Quarterly Dividend 


ALLISON PARK, Pa., July 14  /PRNewswire-FirstCall/ -- Laurel Capital Group,
Inc. (NASDAQ:LARL) today declared a regular quarterly dividend of $.20 per
share on the Company's common stock. The dividend is payable August 12, 2004 to
stockholders of record July 29, 2004.  This is the 68th consecutive cash
dividend paid by the Company since converting to a publicly held Company in
1987.

Laurel Capital Group, Inc., headquartered in Allison Park, Pa., is the holding
company for Laurel Savings Bank. Laurel Savings Bank is a 117-year- old,
Pennsylvania-chartered, FDIC-insured savings bank with eight full-service
offices located in Allegheny and Butler counties offering a wide variety of
financial services and products to customers throughout the Pittsburgh
metropolitan area.

The Company's filings with the Securities and Exchange Commission are available
electronically on the Internet and can be found at
http://www.sec.gov/edgar/searchedgar/webusers.htm .

This news release may contain forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to risk and uncertainties which could cause actual
results to differ materially from those currently anticipated due to a number
of factors. Such factors include, but are not limited to, changes in interest
rates which could affect net interest margins and net interest income, the
possibility that increased demand or prices for the Company'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 Company's filings with the Securities and
Exchange Commission. 

DATASOURCE: Laurel Capital Group, Inc.



CONTACT:  Edwin R. Maus, President-CEO, ext. 303, or  ,

or John A. Howard, Jr., Sr. Vice-President-CFO, ext. 311, or

 , both of Laurel Capital Group, Inc., [phone]



Web site:  http://www.sec.gov/edgar/searchedgar/webusers.htm 

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