Heritage Financial Corporation Announces Quarterly Cash Dividend


OLYMPIA, Wash., June 24, 2008 (PRIME NEWSWIRE) -- Heritage Financial Corporation (Nasdaq:HFWA), The Board of Directors of Heritage Financial Corporation, parent company of Heritage Bank and Central Valley Bank, declared a regular cash dividend of 21.0 cents per share payable on July 30, 2008 to shareholders of record on July 15, 2008.

The company has paid cash dividends for forty-two consecutive quarters since a second step conversion was completed on January 8, 1998 and the Company's stock began trading on the Nasdaq National Market on January 9, 1998.

Heritage Financial Corporation is an $875 million bank holding company headquartered in Olympia, Washington. The Company operates two community banks, Heritage Bank and Central Valley Bank. Heritage Bank serves Pierce, Thurston, Mason and south King Counties in the South Puget Sound region of Washington through its fourteen full-service banking offices and its Online Banking Website www.HeritageBankWA.com. Central Valley Bank serves Yakima and Kittitas Counties in central Washington through its six full-service banking offices and its Online Banking Website www.CVBankWA.com.

Additional information about Heritage Financial Corporation is available on its Internet Website www.HF-WA.com



            

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