Wayne Savings Bancshares, Inc. Declares Dividend of $.06

Wayne Savings Bancshares, Inc.

has declared a cash dividend of $.06 per share on the Company's common stock for the quarter ending December 31, 2010. This represents an annualized dividend of $.24 per share. The quarterly cash dividend will be paid on January 26, 2011 to stockholders of record as of January 12, 2011.