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The First of Long Island Corporation Announces Quarterly Cash Dividend of 25 Cents Per Share

The First of Long Island Corporation Announces Quarterly Cash Dividend of 25
Cents Per Share

GLEN HEAD, N.Y., Nov. 15, 2012 (GLOBE NEWSWIRE) -- The First of Long Island
Corporation (Nasdaq:FLIC) announced today the declaration of a fourth quarter
cash dividend in the amount of 25 cents per share. This represents an 8.7%
increase over the dividend of 23 cents per share declared in the same quarter
last year.The dividend will be paid on December 7, 2012 to shareholders of
record on November 28, 2012.

The First National Bank of Long Island is the sole subsidiary of The First of
Long Island Corporation.The Bank currently has twenty-one full service
offices, twelve commercial banking offices and two select service banking
centers in Nassau and Suffolk Counties and Manhattan. The Bank will open a
new full service branch in Lindenhurst, Long Island later this quarter.

CONTACT: Mark D. Curtis, Senior Vice President & Treasurer
         (516) 671-4900, Ext. 556