EXHIBIT 99.1
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                     FIRST LITCHFIELD FINANCIAL CORPORATION
                 13 North Street, Litchfield, Connecticut 06759

News Release

For Immediate Release
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       First Litchfield Financial Corporation Announces Two New Directors

Litchfield,  Connecticut--June 29, 2006--First  Litchfield Financial Corporation
(OTCBB:FLFL)  (the "Company") the holding company for The First National Bank of
Litchfield  (the  "Bank")  announced  today  that John A.  Brighenti  of Canton,
Connecticut,  has  been  appointed  to the  Company's  board of  directors.  Mr.
Brighenti,  a lifelong  Farmington  Valley  resident,  is vice president of Avon
Plumbing & Heating Company, Inc, a third-generation family-owned business. He is
active in the community  serving on several  local boards.  He will serve in the
class of  directors  whose  terms are to expire at the 2008  Annual  Meeting  of
Shareholders, and until their successors are elected and qualified. In addition,
Mr. Brighenti has been elected to serve as a director of the Bank effective June
29, 2006.

The Company's board also elected  Patrick J. Boland of Litchfield,  Connecticut,
to the board of directors  effective July 27, 2006. Mr. Boland's  banking career
spans 30 years.  He is retired  from Credit  Suisse  First Boston where he was a
managing director. He holds an MBA in Finance. Mr. Boland will also serve in the
class of  directors  whose  terms are to expire at the 2008  Annual  Meeting  of
Shareholders,  and until their  successors are elected and qualified.  Moreover,
Mr.  Boland has also been  elected to serve as a director of the Bank  effective
July 27, 2006.

The addition of the two new directors brings the total number of members of each
board to 12.
                                               Safe Harbor Statement
Except  for  the  historical  information  in this  news  release,  the  matters
described  herein  are  forward-looking  statements  within  the  meaning of the
Private  Securities  Litigation  Reform Act of 1995.  The  Company  notes that a
variety  of factors  could  cause the actual  results  or  experience  to differ
materially  from the  anticipated  results or other  expectations  described  or
implied  by such  forward-looking  statements  relating  to such  matters as (a)
assumptions  concerning future economic and business conditions and their effect
on the  economy in general  and on the markets in which the Company and the Bank
do business,  and (b) expectations  for increased  revenues and earnings for the
Company and Bank through growth resulting from acquisitions,  attractions of new
deposit and loan  customers and the  introduction  of new products and services.
Such forward-looking  statements are based on assumptions rather than historical
or current facts and, therefore,  are inherently  uncertain and subject to risk.
Such  risks and  uncertainties  that may  affect  the  operations,  performance,
development  and  results of the  Company's  and  Bank's  business  include  the
following: (a) the risk of adverse changes in business conditions in the banking
industry  generally and in the specific markets in which the Bank operates;  (b)
changes in the legislative and regulatory environment that negatively impact the
Company and Bank through increased operating expenses; (c) increased competition
from  other  financial  and  nonfinancial   institutions;   (d)  the  impact  of
technological  advances;  and (e) other risks  detailed from time to time in the
Company's filings with the Securities and Exchange Commission. Such developments
could have an adverse  impact on the Company and the Bank's  financial  position
and results of operation.

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                   About The First National Bank of Litchfield

One of the oldest nationally  chartered banks in the country, The First National
Bank of Litchfield  (www.fnbl.com)  has served the  communities of  Northwestern
Connecticut since 1814. Its full-service  banking offices are located in Canton,
Goshen,  Litchfield,  Marble Dale, Roxbury,  Torrington, and Washington Depot. A
new branch in New Milford is opening July 1, 2006.  The Bank provides  consumer,
commercial  and retail  investment  and  insurance  products and  services,  and
maintains a full-service Trust and Wealth Management  division that offers asset
management,  custody and estate settlement services to individuals,  non-profits
and commercial customers.

Contact: Joseph J. Greco
         (860) 567-8752

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