News Details

Heritage Financial Corporation Announces the Retirement of Director H. Edward Odegard

March 15, 2005

OLYMPIA, Wash., March 15 /PRNewswire-FirstCall/ -- Heritage Financial Corporation (Nasdaq: HFWA) Chairman and Chief Executive Officer Donald V. Rhodes today announced the retirement of director H. Edward Odegard. Mr. Odegard (age 73) has asked that he not be re-nominated when his term expires in April of this year. Mr. Rhodes stated, "Ed has been a member of our board since 1987 and his insight and counsel will be missed."

Heritage Financial Corporation is a bank holding company headquartered in Olympia, Washington. The Company operates two community banks, Heritage Bank and Central Valley Bank, NA. Heritage Bank serves Pierce, Thurston, and Mason Counties in the South Puget Sound region of Washington through its twelve full service banking offices and its Internet Website www.HeritageBankWA.com. Central Valley Bank serves Yakima and Kittitas Counties in central Washington through its six full service banking offices. Additional information about Heritage Financial Corporation is available on its Internet Website www.HF-WA.com.

SOURCE  Heritage Financial Corporation
    -0-                             03/15/2005
    /CONTACT:  Donald V. Rhodes, Chairman, President and Chief Executive
Officer, of Heritage Financial Corporation, +1-360-943-1500/
    /Web site:  http://www.HF-WA.com /
    (HFWA)

CO:  Heritage Financial Corporation; Heritage Bank; Central Valley Bank, NA
ST:  Washington
IN:  FIN
SU:  PER

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