August 11, 2006

Approval of proposal by Juniata Valley Financial Corp.

For immediate release

The Federal Reserve Board on Friday announced its approval of the proposal by Juniata Valley Financial Corp., Mifflintown, to acquire 39.2 percent of the voting shares of The First National Bank of Liverpool, Liverpool, both in Pennsylvania.

Attached is the Board's Order relating to this action.

Last Update: August 11, 2006