Source: Pathfinder Bank

Pathfinder Bancorp, Inc. Declares Dividend

OSWEGO, NY--(Marketwire - December 20, 2007) - Thomas W. Schneider, President/CEO of Pathfinder Bancorp, Inc. (NASDAQ: PBHC) and Pathfinder Bank announced that the company has declared a cash dividend of $.1025 per share on the company's common stock for the fiscal quarter ending December 31, 2007. The dividend will be payable to all shareholders of record on January 11, 2008 and will be paid on January 31, 2008.

Pathfinder Bancorp, Inc. is the mid-tier holding company of Pathfinder Bank. Pathfinder Bank is a New York State chartered savings bank headquartered in Oswego, New York whose deposits are insured by the Federal Deposit Insurance Corporation. The Bank has seven full service offices located in its market area within Oswego County.

Contact Information: CONTACT: Thomas W. Schneider President & CEO (315) 343-0057