Liberty Bell Bank Announces Voluntary Delisting

  
    
  
  
    
      Liberty Bell Bank (Nasdaq:LBBB) (the “Bank”) announced today that it has 
      notified the Nasdaq Stock Market LLC (“Nasdaq”) of its intent to 
      voluntarily delist its common stock from the Nasdaq Capital Market. The 
      Bank currently anticipates that it will file with the Federal Deposit 
      Insurance Corporation and Nasdaq a Form 25 relating to the delisting of 
      its common stock on or about December 19, 2008, with the delisting of 
      its common stock becoming effective ten days thereafter. Accordingly, 
      the Bank anticipates that the last day of trading of its common stock on 
      the Nasdaq Capital Markets will be on or about December 31, 2008. The 
      Bank has discussed with the market makers for its common stock having 
      its common stock quoted on the OTC Bulletin Board effective January 2, 
      2009, but no arrangements have yet been made in that regard. The Bank’s 
      common stock was quoted on the OTC Bulletin Board from its formation in 
      2003 until the completion of its secondary common stock offering and 
      listing on Nasdaq in April 2005.
    
    
      The decision to voluntarily delist its common stock is a cost savings 
      step that will eliminate expenses associated with Nasdaq listing fees. 
      Given the light trading volume of its common stock, the Bank believes 
      that investors will be more than adequately served by other alternatives 
      such as the OTC Bulletin Board or the Pink Sheets. The Bank also expects 
      that, going forward, the delisting of its common stock will provide it 
      with greater corporate flexibility and will allow it to deploy more 
      resources to its core business operations. The Bank is in compliance 
      with all applicable Nasdaq continued listing standards has not received 
      any notice from Nasdaq to the contrary.
    
    
      About Liberty Bell Bank
    
    
      Liberty Bell Bank is a New Jersey chartered commercial bank that 
      maintains offices in Cherry Hill, Moorestown, and Marlton, New Jersey. 
      Its financial condition and results of operations at and for the three 
      and nine month periods ended September 30, 2008 are set forth in its 
      Form 10-Q filed on November 14, 2008 with the FDIC.
    
    
      Cautionary Notice Regarding Forward-Looking Statements
    
    
      Some discussions in this press release may contain forward-looking 
      statements within the meaning of The Private Securities Litigation 
      Reform Act of 1995. We caution the reader to be aware of the speculative 
      nature of “forward-looking statements.” Statements that are not 
      historical in nature, including the words “anticipate,” “estimate,” 
      “should,” “expect,” “believe,” “intend,” “look forward,” “project” and 
      similar expressions, are intended to identify forward-looking 
      statements. Although these statements reflect management of the Bank's 
      good faith belief based on current expectations, estimates and 
      projections about (among other things) the banking industry and the 
      markets in which the Bank operates, they are not guarantees of future 
      performance. No undue reliance should be placed on any forward-looking 
      statements.
    
    
      Whether actual results will conform to our expectations and predictions 
      is subject to a number of known and unknown risks and uncertainties, 
      including but not limited to the risks that the Bank will not realize 
      the anticipated corporate flexibility or recognize any cost savings as a 
      result of delisting, the possibility that no alternative arrangements 
      can be made for quotation of the Bank’s common stock, which may decrease 
      liquidity and market value, the risk that the act of delisting, while 
      voluntary, may be negatively perceived in the marketplace and other 
      risks described in the Bank’s filings with the Federal Deposit Insurance 
      Corporation, including its Form 10-K for the year ended December 31, 
      2007 and Form 10-Q for the period ended September 30, 2008. The 
      statements in this press release are made as of the date of this press 
      release, even if subsequently made available by the Bank on its website 
      or otherwise. The Bank does not undertake any obligation to update or 
      revise these statements to reflect events or circumstances occurring 
      after the date of this press release.