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SI Financial Group, Inc. Announces Cash Dividend

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WILLIMANTIC, Conn., Oct. 24, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of SI Financial Group, Inc. (the "Company") (Nasdaq: SIFI) has declared a cash dividend on the Company's outstanding shares of common stock. The dividend of $0.03 per share will be paid on or about November 26, 2012 to stockholders of record as of the close of business on November 5, 2012.

SI Financial Group, Inc. is the holding company for Savings Institute Bank and Trust Company. Established in 1842, the Savings Institute Bank and Trust Company is a community-oriented financial institution headquartered in Willimantic, Connecticut.

The SI Financial Group, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10845

CONTACT: Diane Phillips Executive Assistant / Investor Relations Administrator Phone: (860) 456-6514 / Email: investorrelations@banksi.com

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