Western Ohio Financial Corporation Announces Approval to Merge with WesBanco

Western Ohio Financial Corporation Announces Approval to Merge
with WesBanco 


SPRINGFIELD, Ohio, Aug. 17  /PRNewswire-FirstCall/ -- John W. Raisbeck,
President and Chief Executive Officer of Western Ohio Financial Corporation
(NASDAQ:WOFC)("Western Ohio"), announced today that the shareholders of Western
Ohio have approved the merger of Western Ohio with and into WesBanco, Inc.
(NASDAQ:WSBC).

The merger, which was previously announced on April 1, 2004, and approved by
the Federal Reserve Bank of Cleveland and the State of West Virginia Banking
Department was approved on August 17, 2004 by Western Ohio's shareholders and
is scheduled to be consummated on August 31, 2004. Under the terms of the
Agreement and Plan of Merger, WesBanco will exchange a combination of its
common stock and cash for Western Ohio common stock. Western Ohio shareholders
will be able to elect a fixed ratio of 1.18 shares of WesBanco common stock or
$35.00 in cash. The election is subject to certain limitations including that
55% of Western Ohio's outstanding shares be exchanged for WesBanco common
stock. Common stock received by Western Ohio shareholders is anticipated to
qualify as a tax-free exchange.

Western Ohio's affiliate, Cornerstone Bank, operates seven offices located in
three counties, Clark, Greene, and Montgomery, in the Dayton/Springfield, Ohio
MSA.

With the consummation of this merger, WesBanco will have assets in excess of
$3.9 billion and will operate 80 banking offices in West Virginia, Ohio and
Pennsylvania. 

DATASOURCE: Western Ohio Financial Corporation



CONTACT:  John W. Raisbeck, President and CEO of Western Ohio Financial

Corporation, [phone]; or Paul M. Limbert, President and CEO of

WesBanco, Inc., [phone]

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