Article: United Community Bancorp Completes Initial Public Offering.

LAWRENCEBURG, Ind. -- United Community Bancorp, the holding company for United Community Bank, announced today that United Community Bank has completed its reorganization into the mutual holding company structure and that the Company has completed its related initial stock offering. Trading in United Community Bancorp's common stock is expected to begin on the Nasdaq National Market on March 31, 2006 under the symbol "UCBA" (NASDAQ:UCBA).

On March 21, 2006, United Community Bank's Plan of Reorganization and Stock Issuance, as well as the establishment of the UCB Charitable Foundation, were approved by the Bank's members at a special meeting.

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