February 27, 2007: Republic Financial Corporation's Private Equity Group Purchases Griffith Enterprises, Inc.

February 27,  2007

Republic Financial Corporation announced the acquisition of Griffith Enterprises, Inc.  KPMG Corporate Finance LLC advised Griffith Enterprises, Inc. on its sale to Republic Financial Corporation's Private Equity Group.  Deal value was not disclosed.

About Griffith Enterprises, Inc.

Headquartered in Cottonwood, Arizona, Griffith is a leading custom manufacturer and supplier of complex aerospace interconnect systems and electronic systems controls for a variety of commercial and military aircraft.  The Company’s interconnect systems or wiring harnesses, which transmit electrical signals between engine controls and various moving parts of the aircraft, are used in all major Boeing commercial aircraft, Airbus aircraft, major military aircraft, regional/business jets, as well as helicopter platforms.

About Republic Financial Corporation

Republic’s Private Equity Group is a team of accomplished professionals that collaborates with management to realize unique investment opportunities.  With a mission of generating superior long-term value, Republic combines its deep expertise in business development and maximizing business growth potential while working alongside key company management. Republic’s Private Equity Group strategy is ideal for small market privately held companies with the goal of adding long-term value and complementary functional support and expertise.

About KPMG Corporate Finance LLC

KPMG Corporate Finance LLC is a leading financial adviser serving domestic and international clients. KPMG Corporate Finance offers a full suite of investment banking and advisory services and the experience and depth of knowledge in global M&A and project finance to advise clients on mergers and acquisitions, sales and divestitures, buy-outs, financings, restructurings, fairness opinions, infrastructure project finance and other advisory initiatives.  Operating in 51 countries, KPMG's Corporate Finance practice comprises more than 1,800 professionals who are able to meet the needs of KPMG's firms’ clients across the globe.  In 2006, KPMG's Corporate Finance practice was ranked the number one financial adviser for completing the highest number of transactions globally (434 deals totaling US$48.9 billion), according to Thomson Financial’s global M&A league tables, and was named global financial adviser of the year by Infrastructure Journal.