Home Federal Bancorp of Louisiana Announces Results of Annual Meeting of Shareholders; May Purchase Up To 77,808 Shares

Home Federal Bancorp, Inc. of Louisiana HFBL today announced that it had received approval of the four proposals presented to shareholders at the Annual Meeting held on Friday, December 23, 2011. At the Annual Meeting, shareholders approved the election of three directors for a three-year term, adoption of the 2011 Stock Option Plan, adoption of the 2011 Recognition and Retention Plan and ratification of the independent registered public accountants. In order to fund the 2011 Recognition and Retention Plan, the related trust may purchase up to 77,808 shares of the Company's common stock in the open market or from private sources. Purchases will be made from time to time at the discretion of management and will commence no earlier than two business days after the release of earnings for the quarter ended December 31, 2011.