Article: ESSA Bancorp, Inc. Announces Regulatory Approval to Consummate Its Conversion.

STROUDSBURG, Pa. -- ESSA Bancorp, Inc., the holding company for ESSA Bank & Trust, announced that it received regulatory approval to complete the conversion of ESSA Bank & Trust from mutual to stock form. ESSA Bancorp, Inc. expects to complete its conversion and stock offering on Tuesday, April 3, 2007. Shares of ESSA Bancorp, Inc.'s common stock are expected to begin trading on Wednesday, April 4, 2007 on the NASDAQ Global Market under the symbol "ESSA."

ESSA Bancorp, Inc. sold 15,870,000 shares of common stock to eligible depositors of ESSA Bank & Trust and to the ESSA Bank & Trust tax-qualified employee benefit plans at a price of $10.00 per share. ...

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