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LSB Financial Corp. Elects New Board Member

Lafayette, IN – April 21, 2010 – The Board of Directors of LSB Financial Corp, the parent company of Lafayette Savings Bank, is pleased to announce that Thomas B. Parent has been elected by the shareholders of LSB Financial Corp. as a new board member.

Thomas B. Parent

Parent is a partner in Stuart & Branigin, LLP located in Lafayette, IN. He is a graduate of Purdue University with a B.S. in Management and holds a J.D. (Magna Cum Laude) from Indiana University School of Law. Parent is the Assistant Legal Counsel for the Trustees of Purdue University, General Counsel of the Diocese of Lafayette and a Member of the Lafayette Community Council. He is past Chairman of the Lafayette Community Foundation and a Director of the United Way of Greater Lafayette.

“Mr. Parent brings a vast knowledge of corporate law and the familiarity of the community to our board”, states Randolph F. Williams, President/CEO of Lafayette Savings Bank. “Tom’s past and current community involvement is a real asset to our Board and we look forward to his valuable input to move Lafayette Savings Bank forward.”

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