OSWEGO, NEW YORK–( EMWNews – April 4, 2008) – Thomas W. Schneider, President/CEO of

Pathfinder Bancorp, Inc. (NASDAQ: PBHC) and Pathfinder Bank, announced that

the company has declared a cash dividend of $.1025 per share on the

company’s common stock for the fiscal quarter ending March 31, 2008. The

dividend will be payable to all shareholders of record on April 15, 2008

and will be paid on April 30, 2008.

Pathfinder Bancorp, Inc. is the mid-tier holding company of Pathfinder

Bank. Pathfinder Bank is a New York State chartered savings bank

headquartered in Oswego, New York whose deposits are insured by the Federal

Deposit Insurance Corporation. The Bank has seven full service offices

located in its market area within Oswego County.