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N O T I C E
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TO: Directors and Executive Officers of Peoples Federal Savings & Loan
Association of Xxxxxx
SUBJECT: Notice of Trading Restriction due to 401(k) Blackout
DATE: May 18, 2004
Pursuant to Section 306(a)(1) of the Xxxxxxxx-Xxxxx Act of 2002, this Notice is
to inform you that there will be a blackout period, in which you may neither buy
nor sell Peoples-Xxxxxx Financial Corporation stock (PSFC).
The blackout period is due to a change in the investment choices available to
participants in the Peoples Federal Savings & Loan Association of Xxxxxx 401(k)
Retirement Plan. During the blackout period, participants of the Peoples of
Federal Savings & Loan Association of Xxxxxx 401(k) Retirement Plan may not make
investment changes nor receive loans or distributions from the Plan.
The blackout period is expected to begin on July 1, 2004 and end on July 14,
2004.
You may obtain information, at no cost, before, during and after the blackout
period by contacting:
Xxxxxx X. Xxxxxx
Employee Benefits Trust Officer
Security National Bank & Trust Company
00 Xxxxx Xxxxxxxxx Xxxxxx
Xxxxxxxxxxx, XX 00000
(000) 000-0000
The above person has been designated by Peoples Federal Savings and Loan
Association of Xxxxxx to answer questions regarding the blackout period.
