LOS ANGELES, Aug 19, 2005 (BUSINESS WIRE) -- Saehan Bancorp (SAEB) today announced that its board of directors has declared a five percent stock dividend on the company's common stock. The stock dividend will be payable on September 20, 2005, to shareholders of record on September 1, 2005, with a cash payment for any fractional shares resulting from the dividend calculation.

About Saehan Bancorp

Saehan Bancorp is a bank holding company with headquarters in Los Angeles, California. Its wholly owned subsidiary, Saehan Bank, offers a comprehensive range of financial solutions to meet the needs of the Korean-American community in Los Angeles. Saehan Bancorp is committed to satisfying customers and creating shareholder value. Its seven retail branch offices, International Department and SBA Department of Saehan Bank focus on fulfilling these commitments to customers and shareholders.

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SOURCE: Saehan Bancorp

Saehan Bancorp  
Daniel Kim, 213-637-4802