Ocean Financial Corporation
Ticker: OCFC
Exchange: NASDAQ-National Market Brick, New Jersey
Industry: Financial

Type of Shares:Common Shares Filing Date:12/11/95
U.S. Shares:10,249,000 Offer Date:7/3/96
Non-U.S. Shares:0 Filing Price:$20.00
Primary Shares:10,249,000 Offer Price:$20.00
Secondary Shares:0 Gross Spread:
Offering Amount: $204,980,000 Selling:
Expenses: - Reallowance:
Shares Out After: -

ManagerTierPhone
Sandler O'Neill & Partners. L.P.Lead Manager (212) 466-7800

Audited
Income
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Unaudited
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Prior
Unaudited
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EPS:Equity:

Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year,
unaudited figures are partial year

Business Description
The company is an S & L holding company.

Use of Proceeds
The proceeds from the proposed offering will be used to fund the transition from a mutual to a stock bank holding company.

Last updated: 10/28/96

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