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Peoples Bancorp Declares Cash Dividend - February 17, 2009


(Auburn) The Board of Directors of Peoples Bancorp (PBNI), the Holding Company for Peoples Federal Savings Bank of DeKalb County, declared a Fiscal 2009 second quarter dividend of $0.19 per share, according to G. Richard Gatton, Chairman. The dividend will be paid on April 9, 2009, to Stockholders of Record as of March 29, 2009. This is the eighty-sixth consecutive dividend paid since the Company went public on July 7, 1987.

As of February 16, 2009, Peoples had 2,753,923 shares outstanding. The closing price of Peoples Bancorp, as of February 13, 2009, was $9.85 per share as listed on the Pink Sheets under the symbol PBNI.

Peoples Bancorp, through its subsidiary, Peoples Federal Savings Bank of DeKalb County, operates eleven full-service offices in Indiana, located in Auburn, Avilla, Garrett, Howe, Kendallville, LaGrange, Middlebury, Topeka, Waterloo and two offices in Columbia City. Peoples Federal operates four full-service offices in Michigan, with two offices located in Three Rivers and offices in Schoolcraft and Union.