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Second Bancorp Shareholders Approve Merger With Sky Financial
Group
WARREN, Ohio, May 19 /PRNewswire-FirstCall/ -- SECOND BANCORP INCORPORATED
(Nasdaq: SECD; SECDP) reported that its shareholders approved the Company's
merger with and into SKY FINANCIAL GROUP, INC. at Second Bancorp's May 18,
2004 special meeting of shareholders. The merger, first announced on January
8, 2004 with the companies' entry into a definitive Agreement and Plan of
Merger, was approved by 96.3% of the Second Bancorp shares voted at the meeting
(69.5% of Second Bancorp's outstanding shares), comfortably exceeding the
majority approval required for adoption. The merger, pending regulatory
approval, is expected to be completed July 1, 2004. The related merger of
Second Bancorp subsidiary Second National Bank of Warren into Sky Financial
subsidiary Sky Bank is expected to be completed over the July 4th weekend.
Second Bancorp President and Chief Executive Officer R. L. (Rick) Blossom
characterized Sky Financial Group as the "best possible partner" for Second
Bancorp and expressed his gratitude to the Company's loyal shareholders for
their long-standing, consistent support of the 124 year old institution.
Second Bancorp is a $2.1 billion financial holding company providing a full
range of commercial and consumer banking, wealth management, insurance and
investment products and services to communities in a nine county area of
Northeastern Ohio through subsidiaries Second National Bank and Stouffer-
Herzog Insurance Agency, Inc.
Additional information about Second Bancorp can be found on the Web at
http://www.secondbancorp.com/ .
DATASOURCE: Second Bancorp Incorporated
CONTACT: Christopher Stanitz, Executive Vice President and Secretary of
Second Bancorp Incorporated, +1-330-841-0234, or fax, +1-330-841-0489, or
Web site: http://www.secondnationalbank.com/
http://www.secondbancorp.com/