BLOOMFIELD HILLS, Mich., Oct. 12 /PRNewswire-FirstCall/ -- Michigan Heritage Bancorp, Inc. (BULLETIN BOARD: MHBC) announced the results of a special meeting of shareholders held on October 6, 2009. Shareholders approved a proposal to dissolve Michigan Heritage Bancorp, Inc. (the "Company") in accordance with relevant law and pursuant to a plan of dissolution. Of the shares voted at the meeting, over 99% voted in favor of the proposal.

The Company intends to file a certificate of dissolution with the Michigan Department of Energy, Labor and Economic Growth as soon as reasonably practicable. The Company will be dissolved upon the filing of the certificate of dissolution. The Company also intends to provide appropriate notice of the dissolution to its creditors, collect any remaining assets and distribute them in accordance with Michigan law.

Safe Harbor Statement. This press release contains "forward looking statements" within the meaning of the federal securities law regarding proposed developments and operations of the Company. These statements represent the Company''s expectations of beliefs concerning future events. Statements containing expressions such as "believes", "anticipates" or "expects" are intended to identify such forward-looking statements. All forward-looking statements involve risks and uncertainties. Although the Company believes its expectations are based upon reasonable assumptions with the bounds of its knowledge of its business and operations, there can be no assurance with the bounds of its knowledge of its business and operations that actual results will not materially differ from expected results. The Company cautions that these and similar statements are further qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements, including regional and national economic conditions, substantial changes in levels of market interest rates, credit and other risks of lending and investment activities and competitive and regulatory factors. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statements, to reflect occurrences or unanticipated events of circumstances after the date of such statements.

Michigan Heritage Bancorp, Inc.

CONTACT: Brendan J. Cahill, Corporate Counsel, +1-248-203-0721,
bcahill@dykema.com