Clarkston Financial Corporation Shareholders Reelect Two Directors

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May 3, 2008, Clarkston, Mi., USA - Clarkston Financial Corporation, the holding company for Clarkston State Bank and Huron Valley State Bank, reported the reelection of two directors and a change in its stock-trading symbol.

William J. Clark and Mark Wayne were reelected to 3-year terms.

Mr. Clark serves as a director of the Corporation and Clarkston State Bank. Mr. Clark has served as manager of Coldwell Banker Schweitzer Real Estate, Clarkston, since 1999. Prior to that Mr. Clark was a partner and General Manager at Clarkston Real Estate Services, Inc., since 1989, and General Manager of the merged entity Coldwell Banker Professionals until its sale to Schweitzer in 1999.

Mr. Wayne serves as a director of the Corporation. Mr. Wayne is the president and chief executive officer of Freedom One Financial, which he founded in 1988. Mr. Wayne is currently a member of the Detroit Chapter of Young Presidents' Organization. Additionally, Mr. Wayne is past president of the Michigan Delta Foundation, past honoree of Crain's Detroit Business' annual "40 Under 40" award, and a member and regular speaker for the American Society of Pension Actuaries, the Society of Professional Administrators and Recordkeepers, and the Financial Planning Association.

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