NewMil Bancorp, Inc. (NMIL) Chairman, President and CEO to Ring the NASDAQ Stock Market Closing Bell

Company Celebrates Acquisition


MEDIA ADVISORY, Oct. 5, 2006 (PRIMEZONE) --



 What:
 Francis J. Wiatr, Chairman, President and CEO of NewMil Bancorp,
 Inc. (NMIL) will preside over the closing bell to celebrate its
 recent acquisition.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Friday October 6th, 2006 at 4:00 p.m. EDT

 Contacts:

 Francis J. Wiatr
 Chairman, President and CEO
 860-355-7602
 fwiatr@newmilbank.com

 NASDAQ MarketSite:
 Stephanie Lowenthal; 646.441.5220

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About NewMil Bancorp, Inc. (NMIL):

NewMil Bancorp, Inc., headquartered in New Milford, Connecticut, is the holding company for NewMil Bank, a state-chartered savings bank with $873 million in assets at December 31, 2005. The Bank has 20 full-service branches serving western Connecticut.


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