ESSA Bancorp, Inc. Adding Two Directors to Expanded Board - Seite 2

Hosbach has more than 25 years of experience in the field of vaccines, primarily with Sanofi Pasteur, holding executive positions in clinical research, research and development, government relations and commercial operations, including marketing and sales. In his current position, he works on a national level, guiding government and community relations related to federal and state immunization policies, serves as Sanofi Pasteur's principal liaison with several government health organizations, and directs a wide range of Sanofi Pasteur product initiatives.

He is a member of the board of directors of Sanofi Pasteur, Inc. as well as a member of the company's management committee, and is chairman of Sanofi Pasteur's U.S. Philanthropy Committee and Employee Political Action Committee boards of directors. He is a director of Pennsylvania Bio, an organization supporting the life sciences industry, and a former director of the Pocono Health System and Pocono Medical Center. An extensively published author on vaccines and immunology and a media commentator, Hosbach's professional affiliations include membership in the Forum on Microbial Threats - Institute of Medicine of the National Academy of Sciences, and as an appointed member of United States' National Vaccine Advisory Committee. He holds a bachelor's degree in biology from Lafayette College in Easton, Pennsylvania.

"With ESSA Bancorp having grown into a larger, more geographically diverse organization, our expanded board of directors provides the Company with additional resources and capabilities," said Olson. "We look forward to the contributions our new directors will make as board members."

About The Company

ESSA Bancorp (NASDAQ: ESSA), headquartered in Stroudsburg, PA, is the holding company for ESSA Bank & Trust, a $1.56 billion asset institution with 27 banking offices serving markets in Eastern Pennsylvania, including Monroe, Lehigh, Northampton, Luzerne and Lackawanna Counties. The Bank provides a full range of retail and commercial banking services, asset management, investment advisory, insurance and employee benefits consulting.

ESSA Bank & Trust, a wholly-owned subsidiary of ESSA Bancorp, Inc., has total assets of $1.55 billion and is the leading service-oriented financial institution headquartered in Stroudsburg, Pennsylvania. ESSA Bank & Trust maintains its corporate headquarters in downtown Stroudsburg, Pennsylvania and has 27 community offices throughout the Greater Pocono, Lehigh Valley, Scranton and Wilkes-Barre markets in Pennsylvania. In addition to being one of the region's largest mortgage lenders, ESSA Bank & Trust offers a full range of retail, commercial financial services, and financial advisory and asset management capabilities. ESSA Bancorp, Inc. stock trades on The NASDAQ Global Select Market(SM) under the symbol "ESSA."