October 06, 2006

Approval of proposal by Sky Financial Group, Inc.

For immediate release

The Federal Reserve Board on Friday announced its approval of the application by Sky Financial Group, Inc., Bowling Green, to acquire Wells River Bancorp, Inc. and its subsidiary bank, Perpetual Savings Bank, both of Wellsville, all of Ohio.

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

Last Update: October 06, 2006