Saigon National Bank Announces Receipt of TARP Funds From U.S. Treasury

WESTMINSTER, Calif., Dec. 26, 2008 (GLOBE NEWSWIRE) -- Saigon National Bank
(OTCBB:SAGN) announced that the bank has received U.S. Treasury TARP funds after
issuing preferred shares to the U.S. Treasury. The bank announced that this
infusion from the U.S. Treasury increased the bank's capital by $1,549,000.

-0-
CONTACT: Saigon National Bank
J. Kennedy, President & CEO
714-338-8700