PNBC Princeton National Bancorp Inc (CE)

Editors and other readers are advised to disregard the news release with the headline, "Princeton National Bancorp, Inc. Releases 2011 Results," issued earlier today by Princeton National Bancorp, Inc. (NASDAQ: PNBC).

Princeton National Bancorp, Inc., parent corporation of Citizens First National Bank, announced today that in light of certain subsequent events related to information received on previously impaired loans that arose after the release of the Company's Press Release on Friday, March 30, 2012 requiring recognition and disclosure in the Company's Annual Report, the Company has determined that it is in its best interest and the best interest of its shareholders to retract the March 30th Press Release, which should not be relied upon, until the Company is able to fully evaluate and address the financial impact of the developments that arose on March 30, 2012. This information was received after the initial press release and before the filing of the Annual Report with the SEC.