Royal Bancshares of Pennsylvania: Royal Bank America Parent Co. Issues 51st Consecutive Quarterly Cash Dividend

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NARBERTH, PA (MARKET WIRE) Royal Bancshares of Pennsylvania, Inc. (NASDAQ: RBPAA) today announced that its Board of Directors has declared a quarterly cash dividend for the first quarter of 2008 of $0.15 per share for holders of Class A common stock and $0.1725 cents per share for holders of Class B common stock. The record date is January 30, 2008, and the payment date is February 13, 2008. The quarterly dividend represents a reduction from the prior quarter's dividend of $0.2875 per share for Class A shares and $0.330625 per share for Class B shares.

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