Horizon Bancorp Announces Quarterly Dividend Increase to $0.15 per Share

Horizon Bancorp

announced today that its Board of Directors has approved an increase in its quarterly dividend from 13 cents to 15 cents per share. This represents a 15.38 percent increase and a dividend yield of 2.19 percent based on the price per share of $27.39 as of the close of business on September 18, 2012, the date on which the Board approved the increase. The dividend will be paid on October 12, 2012 to shareholders of record on September 28, 2012. Horizon Bancorp is a locally owned, independent, commercial bank holding company serving Northern and Central Indiana and Southwest Michigan through its bank subsidiary, Horizon Bank, also doing business as Heartland Community Bank. Horizon also offers mortgage-banking services throughout the Midwest. Horizon Bancorp may be reached online at www.accesshorizon.com. Its common stock is traded on the NASDAQ Global Market under the symbol HBNC.