Dime Community Bancshares Inc. (DCOM) News

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 October 2, 2008 - 14:00 PM PST
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Dime Community Bancshares to Release Earnings On October 24, 2008

BROOKLYN, N.Y., Oct. 2, 2008 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq:DCOM) (the "Company"), the parent company of The Dime Savings Bank of Williamsburgh ("Dime"), today announced that the Company expects to release its earnings for the quarter ended September 30, 2008 prior to the opening of the U.S. equity markets on Friday, October 24, 2008.

ABOUT DIME COMMUNITY BANCSHARES

The Company (Nasdaq:DCOM) had $3.74 billion in consolidated assets as of June 30, 2008, and is the parent company of the Bank. The Bank was founded in 1864, is headquartered in Brooklyn, New York, and currently has twenty-two branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. More information on the Company and Bank can be found on the Bank's Internet website at www.dimewill.com.

The Dime Community Bancshares, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3568

CONTACT:  Dime Community Bancshares, Inc.
          Kenneth Ceonzo, Director of Investor Relations
          718-782-6200 extension 8279