Thursday October 1, 4:43 pm Eastern Time

Company Press Release

Star Bank Lowers Prime Lending Rate to 8.25 Percent From 8.50 Percent

CINCINNATI--(BUSINESS WIRE)--Oct. 1, 1998--Star Banc Corporation (NYSE:STB - news), the parent company of Star Bank, announced that it has lowered its prime lending rate to 8.25 percent from 8.50 percent, effective today.

The last change in Star Banc's prime lending rate was on March 26, 1997, when it was increased to 8.50 percent from 8.25 percent.

Star Banc Corporation, a $17 billion multi-state bank holding company is the parent company of Star Bank and operates 452 full-service banking locations in Ohio, Kentucky, Indiana and Tennessee, in addition to Star Banc Finance, Inc., a consumer finance company. Also, Star Bank offers a ``Five Star Service Guarantee'' which assures customers of certain key banking benefits or Star will pay customers for their inconvenience. Additionally, Star Bank was the first bank in the U.S. to introduce ``24-Hour Remote Banking,'' a fully integrated customer service and banking convenience package which includes branch banking, voice-activated phone banking, PC banking, super ATMs, video kiosk banking and Internet banking. Visit Star Bank's web site at Star Bank was founded in 1863.

     Star Banc Corporation, Cincinnati
     Steve Dale (Media), 513/632-4524
     David Moffett (Analysts), 513/632-4008

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T: +44 (0)1672 511 094
F: +44 (0)1672 511 078
E: [email protected]
E: [email protected]

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