THE MURRAY BANK 401(K) EMPLOYEE STOCK OWNERSHIP PLAN

Profit-sharing plan.

Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.

Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.

Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.

Employee stock ownership plan that is not leveraged.

The employer maintaining this ESOP is an S corporation.