updated 2/8/2011 6:46:21 PM ET 2011-02-08T23:46:21

AUBURN, Ala., Feb. 8, 2011 (GLOBE NEWSWIRE) -- On February 8, 2011, the Board of Directors of Auburn National Bancorporation, Inc. (Nasdaq:AUBN) declared a first quarter $0.20 per share cash dividend, payable March 25, 2011 to shareholders of record as of March 10, 2011. This represents a 2.6% increase over dividends declared for the first quarter of 2010. On an annual basis, the cash dividend paid to shareholders has increased in 15 of the last 16 years.

About Auburn National Bancorporation, Inc.

Auburn National Bancorporation, Inc. (the "Company") is the parent company of AuburnBank (the "Bank"), with total assets of approximately $764 million. The Bank is an Alabama state-chartered bank that is a member of the Federal Reserve System and has operated continuously since 1907. Both the Company and the Bank are headquartered in Auburn, Alabama. The Bank conducts its business in East Alabama, including Lee County and surrounding areas. The Bank operates full-service branches in Auburn, Opelika, Hurtsboro and Notasulga, Alabama. In-store branches are located in the Auburn and Opelika Kroger stores, as well as in the Wal-Mart SuperCenter stores in Auburn, Opelika, and Phenix City, Alabama. Mortgage loan offices are located in Phenix City, Valley, and Mountain Brook, Alabama. Additional information about the Company and the Bank may be found by visiting www.auburnbank.com

The Auburn National Bancorporation, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4903

CONTACT: E.L. Spencer, Jr.
         President, CEO and
         Chairman of the Board
         (334) 821-9200

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