Bank of Smithtown Elects New Director

SMITHTOWN, NY–(Marketwire - November 28, 2008) - Joseph Winters has been elected to the boards
of directors of Bank of Smithtown and Smithtown Bancorp (NASDAQ: SMTB). He
was elected to fill the vacancies created by the recent retirement of Dr.
Sanford Scheman from both boards.

Mr. Winters most recently served for nine years as CEO of Winters Brothers
Waste Management. With 430 employees and more than $150 million in annual
revenue, Winters Brothers is the largest waste management and recycling
company on Long Island, and was one of the largest privately-held waste
companies in the United States. In late 2007, Mr. Winters and his brothers
sold the company to a large, national waste management and recycling
company.

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