2009-09-04 16:19:04 -

First Chester County Corporation (the “Corporation”) (OTC: FCEC), parent company of First National Bank of Chester County, today announced the results of the Special Meeting of Shareholders held on September 1, 2009.

At the Meeting, shareholders approved both proposals on which they were being asked to vote. The first proposal amends the Corporation’s By-Laws to authorize the Corporation to issue shares of its Common Stock in uncertificated form. The second proposal amends the Corporation’s Articles of Incorporation and By-Laws to allow the Board the flexibility, if needed, to amend the Corporation’s By-Laws without shareholder consent.

John A. Featherman, III, Chairman and CEO of First Chester County Corporation, said, “In approving these two proposals, our shareholders are supporting our efforts to pursue a

National Stock Exchange listing and to implement more effective corporate governance procedures. Both changes will enable First Chester County Corporation to continue to strengthen our organization and to sustain our long-term track record of growth for the Corporation and value creation for shareholders.”


About First Chester County Corporation

First Chester County Corporation and its wholly owned subsidiary, First National Bank of Chester County, is a financial institution with 24 branch offices located in Chester, Montgomery, Delaware, Lancaster and Cumberland counties. Founded in 1863, First National Bank of Chester County is the eighth oldest national bank in the country. First National provides quality financial services to individuals, businesses, government entities, non profit organizations, and community service groups. Wealth Management and Trust Services are provided through First National Wealth Management, a division of First National Bank of Chester County. Mortgage services are provided through American Home Bank, a division of First National Bank of Chester County. For more information, visit www.1nbank.com : or call 1-877-FNB-0100.


Safe Harbor Statement

This release may contain “forward-looking statements” which may be identified by the use of such words as “believe,” “expect,” “anticipate,” “should,” “planned,” “estimated,” and “potential.” Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2008, our Quarterly Report on Form 10-Q for the quarter ended June 30, 2009, as filed with the Securities and Exchange Commission (SEC), and additional filings we make with the SEC. In addition, the forward-looking statements included in this release represent our views as of the date of this release. We assume no obligation to update publicly or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise.

First Chester County CorporationKevin C. Quinn, President484-881-4100 kevin.quinn@1nbank.com : mailto:kevin.quinn@1nbank.com