Jefferson Bancshares, Inc. Declares Quarterly Dividend


MORRISTOWN, Tenn., Feb. 27, 2009 (GLOBE NEWSWIRE) -- Anderson L. Smith, President and Chief Executive Officer of Jefferson Bancshares, Inc. (Nasdaq:JFBI), announced today that the Company's Board of Directors has declared a cash dividend of $0.06 cents per share of common stock. The dividend will be payable to stockholders of record as of March 31, 2009 and will be paid on April 10, 2009.

Jefferson Bancshares, Inc. is the holding company for Jefferson Federal Bank, a Tennessee-chartered savings bank headquartered in Morristown, Tennessee. Jefferson Federal Bank is a community-oriented financial institution offering traditional financial services with offices in Hamblen, Knox, Sullivan and Washington Counties, Tennessee. The Company's stock is listed on the NASDAQ Global Market under the symbol "JFBI." More information about the Company and Jefferson Federal Bank can be found online at www.jeffersonfederal.com.

The Jefferson Bancshares, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3655



            

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