NEWS RELEASE
For Immediate Release August 23, 2000
Contacts: John K. Keach, Jr. Lawrence E. Welker
Chairman of Board Executive Vice President
President/CEO Chief Financial Officer
(812) 373-7816 (812) 523-7308
HOME FEDERAL BANCORP ANNOUNCES
COMPLETION OF STOCK REPURCHASE PROGRAM
(Seymour, In) -- Home Federal Bancorp (the "Company") (NASDAQ: HOMF), the
holding company of Home Federal Savings Bank of Seymour, Indiana (the "Bank"),
announced today that they have completed their third stock repurchase program.
On August 23, 2000 the Board of Directors announced it had approved the third
repurchase, from time to time, on the open market of up to 5% of the Company's
outstanding shares of common stock, without par value ("Common Stock"), or
236,729 such shares. Home Federal completed the repurchase of those shares on
August 21, 2000.
Home Federal Bancorp is a unitary holding company, with Home Federal Savings
Bank as its sole subsidiary. Home Federal Savings Bank, a FDIC insured savings
bank founded in 1908, offers a wide range of consumer and commercial financial
services through 16 offices in southeastern Indiana.
*** END ***
