First Niagara Financial Group, Inc. (FNFG) President and CEO to Ring the NASDAQ Stock Market Opening Bell

FNFG to Celebrate 10 Year Listing Anniversary On NASDAQ


ADVISORY, April 11, 2008 (PRIME NEWSWIRE) --



 What:
 John R. Koelmel, President and CEO of First Niagara Financial Group,
 Inc. (FNFG) will preside over the opening bell to celebrate the
 financial services company's 10th anniversary as a public company.
 Mr. Koelmel will be joined by four 5th grade students, all from
 Upstate New York. Bradley Schneider, Lockport, Brooke Testa,
 Rochester, Griffin Lenkiewicz, Baldwinsville, and Lauren Juliana Litz
 from Niskayuna won a recent essay contest. The 4 students and their
 parents received an all-expenses-paid trip to New York City,
 including transportation, hotel, sightseeing, and the market opening
 at the NASDAQ MarketSite in Times Square. In addition to the trip to
 New York City and attending the NASDAQ market opening, the winners
 earned $1,000 donations to their elementary schools for computer
 equipment, plus $250 personal savings accounts at their local First
 Niagara Bank branches. The students were winners of an essay contest
 answering the question: "What new business would you start to help
 people in your community?"  First Niagara selected the top essays
 from 400 entries across Upstate New York.

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

 When:
 Monday, April 14, 2008 at 9:30 a.m. ET

 Contacts:
 Helen Tederous
 716.697.2335
 Helen.tederous@fnfg.com

 Leslie Garrity
 716.316.1781; Leslie.Garrity@fnfg.com

 Lisa DiPietro
 631.495.5020; Lisa.Dipietro@fnfg.com

 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; mobile - 347.219.9539
 Jolene.Libretto@NasdaqOmx.com

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. 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 opening bell is also available from 9:20 a.m. to 9:35 a.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 Opening Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx

Photos:

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

About First Niagara Financial Group, Inc. (FNFG):

First Niagara Financial Group, Inc., through its wholly owned subsidiary First Niagara Bank, has assets of $9.1 billion and deposits of $6.2 billion. First Niagara Bank is a full-service, community-focused bank that provides financial services to individuals, families and businesses through 115 branches and four Regional Market Centers across Upstate New York. For more information, visit www.fnfg.com.