Company Release - 2/27/2004 2:22 AM ET

Quakertown, PA (27 February 2004) Thomas J. Bisko, President and CEO of The Quakertown National Bank (QNB), announced that QNB will be establishing its first supermarket branch office in the new GIANT Food Store in Quakertown Commons, 901 S. West End Blvd. (Route 309). The new branch is scheduled to open June, 2004 along with the scheduled Grand Opening of the GIANT Food Store. The branch opening will bring QNB’s total number of branches to eight.

“For over 126 years, we've been bringing banking innovations to the Upper Bucks community," said Bisko. "Our supermarket branch reflects our commitment to providing convenience and exceptional personal service to our customers along with seven-day-a-week banking."

The QNB branch in the GIANT Food Store will feature full-service banking including an ATM, and a video monitor that provides news, weather, sports, and other information to customers. The new branch will offer customers the same products and services available at other QNB branches plus the convenience of expanded hours and banking while you're shopping. The branch will be open Monday through Friday from 10 AM until 7 PM and Saturday and Sunday from 10 AM until 4 PM.

QNB is a full-service community bank that has provided exceptional personalized banking services to individuals and small businesses since 1877. QNB’s assets are approximately $530 million and the bank currently has seven branch locations serving the Upper Bucks, Southern Lehigh, Upper Perkiomen, and Indian Valley areas. In addition, QNB provides trust and investment management services in conjunction with The Trust Company of Lehigh Valley, retail brokerage services through Raymond James Financial Services, Inc. and title insurance through Bankers Settlement Services of Eastern Pennsylvania, LLC.

Based in Carlisle, Pennsylvania, GIANT Food Stores, LLC employs over 40,500 associates and operates 276 supermarkets in six states. The chain operates under the name GIANT Food Stores throughout Pennsylvania, under the name MARTIN’S Food Markets in Maryland, Virginia, West Virginia and Western Pennsylvania and under the name Tops Markets in Western Pennsylvania, throughout New York and Northeast Ohio.

GIANT Food Stores was founded in 1923 and is one of the oldest employers in Central Pennsylvania. GIANT has a proud tradition of giving back to the communities in which it operates. Last year the company, along with their associates and vendors, donated more than $10,600,000 to charities involved in fighting hunger, supporting children’s hospitals and numerous other community programs.

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Contact: Robert C. Werner – Executive Vice President/COO
	215-538-5600 x5619 (M-F 8:30 AM – 5:00 PM)