TOMS RIVER, N.J., Feb. 8, 2010 (GLOBE NEWSWIRE) -- OceanFirst Financial
Corp. (Nasdaq:OCFC), the holding company for OceanFirst Bank, today
announced it will participate in the Sterne Agee Financial Services
Symposium on February 10, 2010. OceanFirst's Chief Operating Officer,
Vito R. Nardelli will participate on a panel discussing credit trends.

Investors can hear the comments of the panelists on Wednesday, February
10, 2010 at 10:45 a.m. by accessing the webcast at
http://www.oceanfirst.com, investor relations. The webcast will be
archived through May 10, 2010.

OceanFirst Financial Corp.'s subsidiary, Ocean First Bank, founded in
1902, is a federally chartered stock savings bank with $2.0 billion in
assets and twenty-three branches serving Ocean, Monmouth and Middlesex
Counties in New Jersey. The Bank is the largest and oldest
community-based financial institution headquartered in Ocean County,
New Jersey.

OceanFirst Financial Corp.'s press releases are available at
http://www.oceanfirst.com.

Forward-Looking Statements

The presentation referenced in this news release may contain certain
forward-looking statements, which are based on certain assumptions and
describe future plans, strategies and expectations of the Company.
These forward-looking statements are generally identified by use of the
words "believe," "expect," "intend," "anticipate," "estimate,"
"project," or similar expressions. The Company's ability to predict
results or the actual effect of future plans or strategies is
inherently uncertain. Factors which could have a material adverse
effect on the operations of the Company and the subsidiaries include,
but are not limited to, changes in interest rates, general economic
conditions, legislative/regulatory changes, monetary and fiscal
policies of the U.S. Government, including policies of the U.S.
Treasury and the Federal Reserve Board, the quality or composition of
the loan or investment portfolios, demand for loan products, deposit
flows, competition, demand for financial services in the Company's
market area and accounting principles and guidelines. These risks and
uncertainties should be considered in evaluating forward-looking
statements and undue reliance should not be placed on such statements.
The Company does not undertake -- and specifically disclaims any
obligation -- to publicly release the result of any revisions which may
be made to any forward-looking statements to reflect events or
circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events.


CONTACT:  OceanFirst Financial Corp.
          Michael J. Fitzpatrick, Chief Financial Officer
          (732) 240-4500, ext. 7506
          Fax: (732)349-5070
          Mfitzpatrick@oceanfirst.com