Westminster, CA -- (ReleaseWire) -- 10/16/2015 --Saigon National Bank (the "Bank") today announced that the tender offer of Mr. Hien Quang Do to purchase all of the issued and outstanding shares of the Bank's common stock at a cash price of $0.15 per share (the "Tender Offer") scheduled to expire on October 15, 2015, has been extended to 5:00 p.m. on Friday, November 6, 2015. Changes or updates with respect to the Bank and the Tender Offer, including any extension, amendment or termination of the Tender Offer, will be made by public announcement by press release.

Shareholders with questions concerning the Tender Offer and its extension may contact the Depositary or Gary Steven Findley & Associates, 714-630-7136.

This press release is not an offer to purchase securities in any state or jurisdiction in which such offer would be unlawful prior to registration or qualification under the securities law of any such state or other jurisdiction. The Tender Offer is only made pursuant to the terms of the Offer to Purchase, dated September 21, 2015.

Media Contacts:
Josefina M. Guevara, EVP and Chief Financial Officer
714-338-8700 – Bank main line

About Saigon National Bank
The Bank is a national banking association and was established and commenced operations on November 30, 2005. The Bank specializes in providing commercial banking services to small to medium-sized businesses in Orange County and Southern California and maintains a single, full service branch from which it conducts a full range of banking services including: commercial, real estate and consumer lending; deposit products; cash management services; and personal, business and online banking services. The Bank has multi-lingual (Vietnamese, Spanish, Chinese, French and English) officers and staff, Online Banking and a 24 hour Bank telephone banking service with automated response and speech recognition in Vietnamese, Spanish and English.

For more information, please visit http://www.saigonnational.com

Cautionary statement regarding forward-looking statements
This press release contains certain forward-looking statements. These forward-looking statements may be identified by words such as "believes," "expects," "anticipates," "projects," "intends," "should," "seeks," "estimates," "future" or similar expressions or by discussion of, among other things, strategy, goals, plans or intentions. Various factors may cause actual results to differ materially in the future from those reflected in forward-looking statements contained in this press release, including among others: (1) developments in financial market and economic conditions; (2) delay or inability in obtaining regulatory approvals; and (3) legislative and regulatory developments; and (4) litigation.

SAIGON NATIONAL BANK
15606 Brookhurst Street, Suite C
Westminster, California 92683
Phone: 714-338-8700
Fax: 714-338-8730