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OceanFirst Financial Corp. To Present At Sandler O'Neill + Partners, L.P. East Coast Financial Services Conference

TOMS RIVER, N.J., Nov. 8, 2010 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (Nasdaq:OCFC), the holding company for OceanFirst Bank, today announced it will be presenting at the Sandler O'Neill + Partners, L.P., East Coast Financial Services Conference on November 11, 2010 at 7:45 a.m. Eastern Time.

During this presentation, OceanFirst's Chairman and CEO, John R. Garbarino, will discuss, among other things, the Company's operations, including its financial performance through September 30, 2010, as well as future initiatives and corporate objectives.

A simultaneous webcast of the Company's presentation, including the slide presentation and any follow-up questions and answers will be available at OceanFirst's website, www.oceanfirst.com , under Investor Relations on the corporate profile page. Through the webcast, viewers will be able to see and hear the presentation made at the conference. The online replay of the webcast will be available at OceanFirst's website, www.oceanfirst.com , for 30 days after the event, beginning on November 12, 2010. The conference will also be available via audio conference by dialing 877-253-8059, Passcode: 2101038765#.

OceanFirst Financial Corp.'s subsidiary, OceanFirst Bank, founded in 1902, is a federally chartered stock savings bank with $2.2 billion in assets and twenty-three branches serving Ocean, Monmouth and Middlesex Counties in New Jersey. The Bank is the largest and oldest community-based financial institution headquartered in Ocean County, New Jersey.

OceanFirst Financial Corp.'s press releases are available at http://www.oceanfirst.com .

Forward-Looking Statements

The presentation referenced in this news release may contain certain forward-looking statements within the meaning of the Private Securities Reform Act of 1995, which are based on certain assumptions and describe future plans, strategies and expectations of the Company. These forward-looking statements are generally identified by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project," "will," "should," "may," "view," "opportunity," "potential," "confident," or similar expressions. The Company's ability to predict results or the actual effect of future plans or strategies is inherently uncertain. Factors which could have a material adverse effect on the operations of the Company and the subsidiaries include, but are not limited to, changes in interest rates, general economic conditions, legislative/regulatory changes, monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality or composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in the Company's market area and accounting principles and guidelines. These risks and uncertainties are further discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2009 and should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. The Company does not undertake – and specifically disclaims any obligation – to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

CONTACT:  OceanFirst Financial Corp.
          Michael J. Fitzpatrick, Chief Financial Officer
          (732)240-4500, ext. 7506
          Fax: (732)349-5070
          Mfitzpatrick@oceanfirst.com

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