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Exhibit 99.1
For more information, please contact:
Jacquelyn Basso or Elizabeth Braungard
VP, Director of Marketing VP, Director of Marketing
(Support Services) (Delivery Services)
(717) 231-5723 (717) 231-5732
June 9, 2000
Keystone Financial Shareholders Meeting to Reconvene
Harrisburg, PA - Keystone Financial, Inc. (NASDAQ:KSTN) announced today that
its previously adjourned annual shareholders meeting will reconvene at 8:00
a.m., local time, on Thursday, July 20, 2000 at the Harrisburg Hilton Hotel,
Market Square, Harrisburg, Pennsylvania.
As previously announced, the originally scheduled meeting date of
May 25, 2000 was adjourned, due to the May 17, 2000 announcement of the pending
merger transaction with M&T Bank Corporation (NYSE:MTB).
Proxies previously given by shareholders for the annual meeting will remain
valid unless revoked. Shareholders who have previously voted by mail, telephone
or internet do not need to take any further action unless they wish to change
their prior proxy votes.
Keystone Financial, Inc., the fourth largest financial institution
headquartered in Pennsylvania with assets of approximately $7 billion, is the
holding company for Keystone Financial Bank, N.A., which has more than 175
community offices in Pennsylvania, Maryland and West Virginia, and a Mobile
Banking Unit which operates throughout the tri-state area. Keystone Financial
Inc., also operates Martindale Andres & Co., an investment-management services
provider; Keystone Financial Mortgage Co.; MMC&P, a retirement-benefit services
firm; Keystone Brokerage, LLC, offering full service investment planning and
discount brokerage; and a 24-hours-a-day, seven-days-a-week Telephone Banking
Center. For more information, Keystone Financial can be reached on the Internet
at www.keyfin.com
