SIOUX CITY, Iowa, Sept. 14 /PRNewswire-FirstCall/ -- First Federal Bankshares, Inc. (the "Company"), announced today that on September 8, 2009, the Company received a NASDAQ Staff Determination letter (the "Letter") notifying the Company that as a result of concerns about the Company's ability to sustain compliance with all of the requirements for continued listing on NASDAQ, principally due to the closure of Vantus Bank, the Company's principal operating subsidiary, NASDAQ Staff had made a determination to delist the Company's common stock from The Nasdaq Stock Market. The Company does not intend to appeal the delisting decision. As a result, trading will continue to be halted in the Company's common stock until trading is suspended on September 17, 2009. A Form 25-NSE will then be filed with the Securities and Exchange Commission, which will remove the Company's common stock from listing and registration on The Nasdaq Stock Market.
First Federal Bankshares, Inc.
CONTACT: Bob Pomerenk of First Federal Bankshares, Inc.,
+1-202-274-2011
