Orrstown Financial Services, Inc. Announces Extension of Stock Repurchase

The Board of Directors of Orrstown Financial Services, Inc. ORRF has announced the approval of the extension of a program to repurchase shares of its own stock from time to time as conditions allow. Orrstown's Board of Directors previously approved the program in 2006 to repurchase up to 150,000 shares of its stock. To date, the Company has repurchased 106,999 shares pursuant to the program. The Board of Directors has approved extending the plan to authorize the repurchase of up to an additional 150,000 shares, or 1.9 percent of the approximately 7.97 million shares outstanding, which number includes the 43,001 shares remaining to be repurchased under the program as initially approved.