Independent Proxy Advisory Firms Recommend Clients Vote in Favor of Brooklyn Federal Bancorp's (BFSB) Merger with Investors Bancorp

Brooklyn Federal Bancorp, Inc. (NASDAQ: BFSB) announced that Institutional Shareholder Services ("ISS") and Glass Lewis & Co. recommend that their clients vote in favor of the proposal to approve the merger agreement, and the transactions contemplated thereby, contained in the definitive proxy statement related to Brooklyn's upcoming special meeting of shareholders. The Merger Agreement provides for, among other things, Brooklyn's merger (the "Merger") with and into Investors Bancorp, Inc.. ISS and Glass Lewis provide voting advice to hundreds of institutional investors, mutual and pension funds and other fiduciaries.

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