Astoria Federal Savings Announces Availability of American Express Travelers Cheque Cards with Free Companion Airfare Offer to Qualifying Buyers

LAKE SUCCESS, N.Y., July 29 /PRNewswire/ — Want to double the value of your air travel opportunity this summer and fly a friend or family member for free? Now through October 15, 2005, anyone who purchases an American Express(R) Travelers Cheque Card at any Astoria Federal branch throughout Brooklyn, Queens, Nassau, Suffolk and Westchester can qualify for a complimentary companion airfare offer*.

“The American Express Travelers Cheque Card is a great way to safely manage your purchases while on vacation,” Astoria Federal Savings Senior Vice President and Director of Marketing Brian Edwards said. “Plus, this special offer from American Express gives you a chance to take along a friend or family member anywhere in the continental U.S. (48 states) for free.”

Edwards said the American Express Travelers Cheque Card is a prepaid, reloadable card that offers all the safety and security of Travelers Cheques in a convenient card. The Travelers Cheque Card features and benefits include:

— Accepted at millions of places worldwide, including ATMs

— The option to reload the Card, virtually anywhere, anytime

— Worldwide refunds, usually within 24 hours, 7 days a week

— Not linked to a bank account

— Passport and credit card replacement assistance at no additional cost

— Customer Service support worldwide 24 hours a day, 7 days a week

To receive a free companion airfare certificate, Travelers Cheque Card buyers will need to fill out and mail back the official American Express promotion registration form. Upon receipt of that form, American Express will mail back the official activation certificate. Customers simply call the toll-free number provided on the certificate to make travel reservations within the continental U.S. For additional information about the offer, visit any neighborhood Astoria Federal branch or call 1-800-ASTORIA.

About Astoria Federal Savings

Astoria Federal Savings and Loan Association is the wholly-owned subsidiary of Astoria Financial Corporation (NYSE:AF) . With assets of $22.8 billion, Astoria Financial Corp. is the fifth largest thrift institution in the United States. Established in 1888, Astoria Federal is the largest thrift depository headquartered in New York with deposits of $12.6 billion and embraces its philosophy of Putting people first by providing the customers and local communities it serves with quality financial products and services through 86 convenient banking office locations and multiple delivery channels, including its website, Astoria commands the fourth largest deposit market share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau and Suffolk counties with a population exceeding that of 39 individual states. Astoria originates mortgage loans through its banking offices and loan production offices in New York, an extensive broker network in 23 states, primarily on the East Coast and in the District of Columbia, and through correspondent relationships in 44 states and in the District of Columbia.

* Companion Airfare requires purchase of one adult round-trip fare.
Blackout dates and additional terms and conditions apply. One
traveler must be at least 21 years old. Please see for full Terms and

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