Kentucky First Federal Plans to Declare $0.10 Dividend

Kentucky First Federal Bancorp

, the holding company for First Federal Savings and Loan Association of Hazard, Kentucky and First Federal Savings Bank of Frankfort, Kentucky, announced that the Board of Directors of First Federal MHC, the mutual holding company that owns 61.2% of Kentucky First's outstanding common stock, has determined to call a special meeting of its members to vote on a proposal to waive its right to receive annual dividends of up to $0.40 per share that may be declared by Kentucky First during the 12-month period following the member vote.  All dividends on Kentucky First common stock are declared at the discretion of the Kentucky First Board of Directors.  The special meeting will be held on August 23, 2012.