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Message #10
From: Stock News Bot
Date: January 23, 2007 08:30:00 PM

HMNF News HMN Financial, Inc. Declares Dividend, Announces Annual Meeting and Extends Stock Repurchase Program

ROCHESTER, Minn.--(BUSINESS WIRE)--HMN Financial, Inc., (HMN) (Nasdaq:HMNF) today announced that it will pay a regular quarterly dividend of 25 cents per share payable on March 7, 2007 to stockholders of record on February 16, 2007.

HMN today announced that its annual meeting will be held at the Rochester Golf and Country Club, located at 3100 West Country Club Road, Rochester, Minnesota on Tuesday, April 24, 2007, at 10:00 a.m. local time.

HMN also announced that its Board of Directors has extended its stock repurchase program until July 23, 2008; authorizing HMN to purchased up to 300,000 shares of its common stock from time to time in transactions on the NASDAQ Market or otherwise.

General Information

HMN Financial, Inc. and Home Federal Savings Bank are headquartered in Rochester, Minnesota. The Bank operates ten full service offices in southern Minnesota located in Albert Lea, Austin, LaCrescent, Rochester, Spring Valley and Winona, Minnesota and two full service offices in Iowa located in Marshalltown and Toledo, Iowa. Home Federal Savings Bank also operates loan origination offices located in Sartell and Rochester, Minnesota. Eagle Crest Capital Bank, a division of Home Federal Savings Bank, operates branches in Edina and Rochester, Minnesota.

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