30.04.2008 15:28:00

Bank of Florida Corporation Elects Bradford G. Douglas, Edward A. Morton and Francis Rooney to Board of Directors

Michael T. Putziger, Chairman of the Board for Bank of Florida Corporation (Nasdaq:BOFL), announced at the Annual Shareholders’ meeting held on April 24, 2008, that Bradford G. Douglas, Edward A. Morton and Francis Rooney have been elected to the Board of Directors. Bank of Florida Corporation is a $1.4 billion-asset multi-bank holding company headquartered in Naples, Florida with financial centers in the Southwest Florida, Southeast Florida and Tampa Bay. "We are very fortunate to have these business leaders join our Corporate Board. Brad and Ed are not new to our Company; they have provided invaluable leadership and strategic vision into the continued development of our affiliate banks in Tampa Bay and Southwest Florida, respectively. And I am confident that Francis will bring new depth and experience to promote and build stronger shareholder value in this unusual economy that presents our industry with unique challenges as well as tremendous opportunities,” said Mr. Putziger. Mr. Douglas is the co-founder of HuntDouglas, a Florida-based real estate development and acquisition company. He has over 28 years of commercial real estate experience in the Florida region specializing in development, financing, sales and leasing of retail, office, warehouse, and multi-family projects. In addition to his new role on the holding company Board of Directors, Mr. Douglas also serves on the Bank of Florida – Tampa Bay Board. Mr. Douglas earned a Bachelor of Science Degree in Finance from Florida State University. Mr. Morton is the Managing Director with Wasmer, Schroeder and Company, a nationally known investment firm with offices in Naples, Florida and Cleveland, Ohio. Prior to joining Wasmer Schroeder in 2006, he served as Chief Executive Officer for the NCH Healthcare System where he worked for nearly 35 years. Additionally, Mr. Morton also serves as Chairman of the Board for Bank of Florida’s largest affiliate, Naples-based Bank of Florida – Southwest which has nearly $700 million in assets. He also serves as Vice Chairman of the Board of Trustees of Florida Gulf Coast University (FGCU). Mr. Morton achieved the rank of Captain in the United States Army, and earned a Bachelors Degree from Notre Dame and MBA from the University of Miami. Mr. Rooney is the Chief Executive Officer of Rooney Holdings, Inc. a multi-national company with operations in the United States, Mexico, Central America and the Caribbean engaged in general building and construction management, specialized construction, insurance and contract electronics manufacturing businesses. From 2005 to 2008, Mr. Rooney served as the United States Ambassador to the Holy See (Vatican). He has served as a Board Member for several Nasdaq and NYSE listed companies including Bank of Oklahoma, Helmerich and Payne, Inc. and Cimarex Energy Company. He is a former Advisory Board Member of the Panama Canal Authority. Mr. Rooney earned a Bachelor of Arts Degree from Georgetown University and a Juris Doctor from Georgetown University Law Center. Board members reelected at the annual shareholders’ meeting include: Donald R. Barber, Joe B. Cox, John B. James, LaVonne Johnson, Edward Kaloust, Michael L. McMullan, Pierce T. Neese, Michael T. Putziger, Ramon A. Rodriguez and Terry W. Stiles. "It is our privilege to have such a vibrant group of intelligent and experienced professionals on our Board of Directors. They are all very active citizens and leaders in their community, and serve as a very beneficial point of differentiation for our bank when compared to other regional or large banks with minimal ties to the communities where they operate,” said President and CEO, Mr. McMullan. "Our Board members both at the holding company and the local affiliate levels have truly made a difference in the strong positioning, positive branding and managed growth of our company.” Board Members at Bank of Florida Corporation serve annual terms and will stand for re-election in April 2009. Bank of Florida Corporation Bank of Florida Corporation. (Nasdaq:BOFL) (Newspaper listing: "BcshFla”) is a $1.4 billion-asset multi-bank holding Company located in Naples, Florida. Bank of Florida Corporation is the parent company for Bank of Florida - Southwest in Collier and Lee Counties; Bank of Florida – Southeast in Broward, Miami-Dade and Palm Beach Counties; Bank of Florida – Tampa Bay in Hillsborough and Pinellas Counties; and Bank of Florida Trust Company, collectively referred to as the "Company”. Investor information may be found on the Company’s web site, http://www.bankofflorida.com, by clicking on the "Investor Relations" tab. To receive an email alert of all company press releases, SEC filings, and events, select the "Email Notification” section.

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