ICBC Independence Community Bank (MM)

BROOKLYN, N.Y., Nov. 1 /PRNewswire-FirstCall/ -- Independence Community Bank Corp. (NASDAQ:ICBC), announced today that its Chief Executive Officer, Alan H. Fishman along with Jay S. Sidhu, Chairman and CEO of Sovereign Bancorp, Inc., will participate in a panel discussion from 1:35pm - 1:55pm Eastern Time at the Ryan Beck 2005 Financial Institutions Investor Conference at The Grand Hyatt New York on Wednesday, November 2nd, 2005. The event will be webcast by Ryan Beck and may be accessed at: http://www.investorcalendar.com/ic/cepage.asp?id=97413 The webcast can also be accessed at the Company's Investor Relations website: http://investor.myindependence.com/. Sufficient time should be allowed prior to the event to register for the webcast and to download the media software required to listen to the event live. The archive of the webcast is expected to be available on November 2nd, 2005 for replay at the Company's website for 90 days. Independence Community Bank Corp. is the holding company for Independence Community Bank. The Bank, originally chartered in 1850, currently operates 124 full-service branches located in the greater New York City metropolitan area, which includes the five boroughs of New York City, Nassau, Suffolk Counties and New Jersey. On Staten Island, the Bank's twenty-one branch offices operate as SI Bank & Trust, a division of Independence Community Bank. The Bank has three key business divisions: Commercial Real Estate Lending, Consumer Banking and Business Banking and is actively targeting small and mid- size businesses. The Bank maintains its community orientation by serving its urban communities with a wide range of financial products and by emphasizing customer service, superior value and convenience. The Bank's web address is http://www.myindependence.com/. DATASOURCE: Independence Community Bank Corp. CONTACT: Kathleen Hanrahan First Vice President, +1-718-722-5400, Frank Baier Chief Financial Officer, +1-718-923-3506, both of Independence Community Bank Corp. Web site: http://www.myindependence.com/

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