Advantage Bank Shareholders Approve Sun Acquisition

//December 6, 2005//

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Shareholders can elect to receive either $19 in cash or 0.87 shares of Sun common stock.Advantage Bank (Nasdaq: ADBK) shareholders have approved a plan to be acquired by Sun Bancorp (Nasdaq: SNBC). A final price has not yet been announced for the merger, which is expected to wrap up by mid-January 2006. Advantage Bank is a state-chartered bank headquartered in Branchburg. Sun Bancorp, a multistate bank holding company, is headquartered in Vineland.

Advantage Bank shareholders can elect to receive either $19 in cash or 0.87 shares of Sun common stock in the merger, though this is subject to adjustment based on various criteria. The agreement also states that 50% of outstanding Advantage shares will be exchanged for Sun common stock.

Advantage shares opened at $17.40 and Sun shares traded up $0.10 to $19.95 in the morning.