First Niagara Financial Group, Inc. Declares Quarterly Dividend

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| Source: First Niagara Financial Group, Inc.

BUFFALO, N.Y., July 30, 2013 (GLOBE NEWSWIRE) -- First Niagara Financial Group, Inc. (Nasdaq:FNFG) announced that the Company's Board of Directors declared a quarterly dividend of eight cents ($0.08) per share on outstanding FNFG common stock.

The Company's Board of Directors also declared a quarterly preferred stock dividend of $0.539063 per share on its fixed-to-floating rate perpetual non-cumulative preferred stock, Series B. 

Both dividends will be payable on August 15, 2013 to shareholders of record on August 9, 2013. 

About First Niagara

First Niagara, through its wholly owned subsidiary, First Niagara Bank, N.A., is a multi-state community-oriented bank with approximately 420 branches, approximately $37 billion in assets, $27 billion in deposits, and approximately 6,000 employees providing financial services to individuals, families and businesses across Upstate New York, Pennsylvania, Connecticut and Massachusetts. For more information, visit www.firstniagara.com.

Investors:
Ram Shankar
Senior Vice President, Investor Relations
(716) 270-8623


News Media:
David Lanzillo
Senior Vice President, Corporate Communications
(716) 819-5780