Susquehanna Bancshares Announces Executive Promotions

LITITZ, Pa.--(Business Wire)--
William J. Reuter, Chairman and Chief Executive Officer of
Susquehanna Bancshares, Inc., announced that the Board of Directors
recently promoted four executives in its leadership team. Susquehanna
Bancshares is a regional financial services holding company that
operates several banks, as well as wealth management and other
subsidiaries.

Eddie L. Dunklebarger has been named President and Chief Operating
Officer of Susquehanna Bancshares. He formerly was an Executive Vice
President of the holding company. Dunklebarger also serves as
President and Chief Executive Officer of the holding company's
subsidiary, Susquehanna Bank PA, based in Lancaster, Pa. A York
resident, he has 26 years of experience in the banking industry,
including 15 with Susquehanna and its predecessor banks.

"The position of President and COO reflects the central role that
Eddie has in the ongoing growth and development of our banking
operations and subsidiaries," Reuter said. As Chairman and CEO, Reuter
has oversight of the president/COO, as well as the company's finance,
audit, credit, and administration departments. In addition, he has
responsibility for its wealth management and additional financial
service subsidiaries.

Jeffrey M. Seibert, of Hanover, has joined the executive officers
of Susquehanna Bancshares as an Executive Vice President. Seibert is
Senior Executive Vice President and Chief Operating Officer of
Susquehanna Bank PA. He has more than 25 years of experience in
banking, including 13 years with Susquehanna and its predecessor
banks.

John H. Montgomery, of Brownstown, has joined Susquehanna
Bancshares' corporate officers as a Senior Vice President. He is a
Senior Executive Vice President of Susquehanna Bank PA, serving as the
Regional Executive for Lancaster, Berks and Chester counties. He
joined Susquehanna in 2005 and has 20 years of experience in the
banking industry.

Michael E. Hough, of Hagerstown, Md., has also been named a Senior
Vice President of Susquehanna Bancshares. Hough is President and Chief
Operating Officer of the holding company's Susquehanna Bank based in
Hagerstown. He has more than 20 years of experience with the bank.

About Susquehanna Bancshares, Inc.

Susquehanna Bancshares, Inc. (Nasdaq:SUSQ) is a financial services
holding company with assets of approximately $13 billion.
Headquartered in Lititz, Pa., the company provides financial services
through its three commercial banks at more than 235 branch locations
in the mid-Atlantic region. Through Susquehanna Wealth Management, the
company offers investment, fiduciary, brokerage, insurance, retirement
planning, and private banking services, with approximately $9 billion
in assets under management and administration. Susquehanna also
operates an insurance and employee benefits company, a commercial
finance company, and a vehicle leasing company. For more information,
please visit www.susquehanna.net.

Susquehanna Bancshares, Inc.
Stephen Trapnell, 717-625-6548
communications@susquehanna.net
or
Reverb - DBC
Bryan Evans, 215-957-0300
bevans@dbcommunications.net

Copyright Business Wire 2008