FESX First Essex Bancorp (MM)

First Essex Bancorp, Inc. Approves Dividend ANDOVER, Mass., Dec. 11 /PRNewswire-FirstCall/ -- The Board of Directors of First Essex Bancorp, Inc. today voted a dividend of twenty- four cents per share ($.24 cents). The dividend is payable on Thursday January 15, 2004 to stockholders of record at the close of business on Wednesday, December 31, 2003. First Essex Bancorp, Inc. Andover, Massachusetts is the holding company of First Essex Bank of Lawrence, Massachusetts. First Essex Bank has eleven full-service banking offices in northern Massachusetts and nine in southern New Hampshire. At September 30, 2003 the Company had total assets of $1.7 billion and deposits of $1.3 billion. Deposits at First Essex Bank are insured up to the applicable limits by the Federal Deposit Insurance Corporation (FDIC), and all deposits in excess of the FDIC limits are insured in full by the additional coverage provided by the Depositors Insurance Fund (DIF). Customers and investors can access First Essex Bancorp, Inc. and First Essex Bank products, special offers and financial information, as well as communicate via e-mail through the Internet using our site address of http://www.firstessex.com/. DATASOURCE: First Essex Bancorp, Inc. CONTACT: William F. Burke, Executive Vice President and Chief Financial Officer, or Douglas E. Moisan, Senior Vice President and Controller both of First Essex Bancorp, Inc., +1-978-681-7500, Web site: http://www.firstessex.com/

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