Sun American Bancorp (SAMB) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell


ADVISORY, June 21, 2007 (PRIME NEWSWIRE) --



 What:
 Michael Golden, Chief Executive Officer of Sun American Bancorp
 (SAMB), will preside over the closing bell.

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

 When:
 Friday, June 22, 2007 at 4 p.m. ET

 Contacts:
 Marjorie Knott; 561-544-1908; mknott@sunamericanbank.com

 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; 347.219.9539
 Jolene.Libretto@NASDAQ.com

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 Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.

Webcast:

A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

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 Sun American Bancorp (SAMB):

Sun American Bancorp, the holding company for Sun American Bank, is a $600 million asset bank located in Southern Florida. Sun American Bancorp currently has 15 branch banks in Dade, Broward and Palm Beach counties. Sun American Bancorp recently completed the acquisition of Beach Bank of Miami and Independent Community Bank in Tequesta, Florida. Sun American Bank has grown from $40 million in assets in 2002 to over $600 million at the end of the first quarter of 2007.