ViewPoint Financial to Buy Back Shares Up to 5% of Total

ViewPoint Financial Group, Inc.

, today announced its intention to repurchase up to 5% of its total common shares outstanding, or approximately 1,741,975 shares, in the open market, based on prevailing market prices, over a period beginning on August 30, 2011, continuing until the earlier of the completion of the repurchase or the next twelve months, depending upon market conditions.