Manhattan Bridge Capital, Inc. Declares Four Quarterly Dividends of $0.01 Per Share

Manhattan Bridge Capital, Inc. Declares Four Quarterly Dividends of $0.01 Per

LONG ISLAND, N.Y., May 2, 2013 (GLOBE NEWSWIRE) -- Manhattan Bridge Capital,
Inc. (Nasdaq:LOAN) announced today that it would pay a $0.01 per share
dividend to shareholders of record on May 15, 2013, August 15, 2013, November
15, 2013 and February 14, 2014 with pay dates on May 20, 2013, August 20,
2013, November 20, 2013 and February 20, 2014.

This report contains forward-looking statements within the meaning of section
21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Forward-looking statements are typically identified by the words "believe,"
"expect," "intend," "estimate" and similar expressions.Those statements
appear in a number of places in this report and include statements regarding
our intent, belief or current expectations or those of our directors or
officers with respect to, among other things, trends affecting our financial
conditions and results of operations and our business and growth
strategies.These forward-looking statements are not guarantees of future
performance and involve risks and uncertainties.Actual results may differ
materially from those projected, expressed or implied in the forward-looking
statements as a result of various factors (such factors are referred to herein
as "Cautionary Statements"), including but not limited to the following:
(i)the successful integration of new businesses that we may acquire; (ii) the
success of new operations which we have commenced and of our new business
strategy; (iii) our limited operating history in our new business; (iv)
potential fluctuations in our quarterly operating results; and (v) challenges
facing us relating to our growth.The accompanying information contained in
this report, including the information set forth under "Management's
Discussion and Analysis of Financial Condition and Results of Operations",
identifies important factors that could cause such differences.These
forward-looking statements speak only as of the date of this report, and we
caution potential investors not to place undue reliance on such statements.We
undertake no obligation to update or revise any forward-looking
statements.All subsequent written or oral forward-looking statements
attributable to us or persons acting on our behalf are expressly qualified in
their entirety by the Cautionary Statements.

         (516) 444-3400
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