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Saturday, 08/30/2003 5:18:53 PM

Saturday, August 30, 2003 5:18:53 PM

Post# of 114
August 29, 2003 07:34 PM US Eastern Timezone

First Coastal Bancshares Reports Re-purchase of Stock

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Aug. 29, 2003--
First Coastal Bancshares (OTCBB:FCST), parent company of wholly owned First Coastal Bank, N.A., bought back four (4) shares of common stock from a shareholder today, at a price of $86.00 a share. While First Coastal currently does not have a re-purchase program in place, this transaction was done as an accommodation for the shareholder.

THE FUNNY THING IS, IT IS STILL 4 SHARES MORE THAN SUNGOLD BOUGHT BACK SINCE ANNOUNCING THEIR SHAR BUYBACK OVER 2 YEARS AGO.

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