Press Release Source: Harbor Florida Bancshares, Inc.

Harbor Federal Announces Retirement of Chairman Edward G. Enns
Friday January 28, 1:05 pm ET


FORT PIERCE, Fla., Jan. 28 /PRNewswire-FirstCall/ -- Harbor Florida Bancshares, Inc. (Nasdaq: HARB - News), the holding company for Harbor Federal Savings Bank, announced today that its Chairman of the Board, Edward G. Enns, was retiring pursuant to the Company's policies on Director retirement after 27 years of service. At today's Annual Stockholders' Meeting, Harbor's CEO, Mike Brown, Sr., thanked Mr. Enns for his leadership and guidance contributing to the Company's success. Vice Chairman, Bruce R. Abernethy, Sr., will take his place as Chairman effective today.

Standish C. Crippen, a local businessman and long-time resident of St. Lucie County, was elected to fill Mr. Enns' vacancy. Current Directors Larry Lee, Jr., Richard L. Lynch and Edwin R. Massey were all re-elected for three- year terms.



Source: Harbor Florida Bancshares, Inc.