EXHIBIT 99.1

The Private Securities Litigation Reform Act of 1995 (the "Act") provides a
"safe harbor" for forward-looking statements to encourage companies to provide
prospective information about their companies, so long as those statements are
identified as forward-looking and are accompanied by meaningful cautionary
statements identifying important factors that could because actual results to
differ material from those discussed in the statement. Winton Financial
Corporation ("WFC") desires to take advantage of the "safe harbor" provisions of
the Act. Certain information, particularly information regarding future economic
performance and finances and plans and objectives of management, contained or
incorporated by reference in WFC's Annual Report on Form 10-K for fiscal year
2001 is forward-looking. In some cases, information regarding certain important
factors that could cause actual results of operations or outcomes of other
events to differ materially from any such forward-looking statement appear
together with such statement. In addition, forward-looking statements are
subject to other risks and uncertainties affecting the financial institutions
industry, including, but not limited to, the following:

Interest Rate Risk

WFC's operating results are dependent to a significant degree on its net
interest income, which is the difference between interest income from loans and
investments and interest expense on deposits and borrowings. The interest income
and interest expense of WFC change as the interest rates on mortgages,
securities and other assets and on deposits and other liabilities change.
Interest rates may change because of general economic conditions, the policies
of various regulatory authorities and other factors beyond WFC's control. The
interest rates on specific assets and liabilities of WFC will change or
"reprice" in accordance with the contractual terms of the asset or liability
instrument and in accordance with customer reaction to general economic trends.
In a rising interest rate environment, loans tend to prepay slowly and new loans
at higher rates increase slowly, while interest paid on deposits increases
rapidly because the terms to maturity of deposits tend to be shorter than the
terms to maturity or prepayment of loans. Such differences in the adjustment of
interest rates on assets and liabilities may negatively affect WFC income.
Moreover, rising interest rates tend to decrease loan demand in general,
negatively affecting WFC income.

Possible Inadequacy of the Allowance for Loan Losses

The Winton Savings and Loan Co. ("Winton") maintains an allowance for loan
losses based upon a number of relevant factors, including, but not limited to,
trends in the level of nonperforming assets and classified loans, current and
anticipated economic conditions in the primary lending area, past loss
experience, possible losses arising from specific problem assets and changes in
the composition of the loan portfolio. While the Board of Directors of Winton
believes that it used the best information available to determine the allowance
for loan losses, unforeseen market conditions could result in material
adjustments, and net earnings could be significantly adversely affected if
circumstances differ substantially from the assumptions used making the final
determination.

Loans not secured by one- to four-family residential real estate are generally
considered to involve greater risk of loss than loans secured by one- to
four-family residential real estate due, in part, to the effects of general
economic conditions. The prepayment of multifamily residential and
nonresidential real estate loans generally depends upon the cash flow from the
operation of the property, which may be negatively affected by national and
local economic conditions that cause leases not to be renewed or that negatively
affect the operations of a commercial borrower. Construction loans may also be
negatively affected by such economic conditions, particularly loans made to
developers who do not have a buyer for a property before the loan is made. The
risk of default on consumer loans increases during periods of recession, higher
unemployment and other adverse economic conditions. When consumers have trouble
paying their bills, they are more likely to pay mortgage loans than consumer
loans, and the collateral securing such loans, if any, may decrease in value
more rapidly than the outstanding balance of the loan.

Competition

Winton competes for deposits with other savings associations, commercial banks
and credit unions and issuers of commercial paper and other securities, such as
shares in money market mutual funds. The primary factors in competing for
deposits are interest rates and convenience of office location. In making loans,
Winton competes with other savings associations, commercial banks, consumer
finance companies, credit unions, leasing companies, mortgage companies and
other lenders. Competition is affected by, among other things, the general
availability of lendable funds, general and local economic conditions, current
interest rate levels and other factors which are not readily predictable. The
size of financial institutions competing with Winton is likely to increase as a
result of changes in statutes and regulations eliminating various restrictions
on interstate and inter-industry branching and acquisitions. Such increased
competition may have as adverse effect upon WFC.


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Legislation and Regulation that my Adversely Affect Winton's Earnings

Winton is subject to extensive regulation by the Office of Thrift Supervision
(the "OTS") and the Federal Deposit Insurance Corporation (the "FDIC") and is
periodically examined by such regulatory agencies to test compliance with
various regulatory requirements. As a savings and loan holding company, WFC is
also subject to regulation and examination by the OTS. Such supervision and
regulation of Winton and WFC are intended primarily for the protection of
depositors and not for the maximization of shareholder value and may affect the
ability of the company to engage in various business activities. The
assessments, filing fees and other costs associated with reports, examinations
and other regulatory matters are significant and may have an adverse effect on
WFC's Earnings.

The FDIC is authorized to establish separate annual assessment rates for deposit
insurance of members of the Bank Insurance Fund (the "BIF") and the Savings
Association Insurance Fund (the "SAIF"). The FDIC may increase assessment rates
for either fund if necessary to restore the fund's ratio of reserves to insured
deposits to the target level within a reasonable time and may decrease such
rates if such target level has been met. The FDIC has established a risk-based
assessment system for both SAIF and BIF members. Under such system, assessments
may vary depending on the risk the institution poses to its deposit insurance
fund. Such risk level is determine by reference to the institution's capital
level and the FDIC's level of supervisory concern about the institution.

Specific References

In addition to the foregoing, some of the matters, which are addressed in the
Form 10-K and Forms 10-Q's filed by WFC and contain forward-looking statements,
include the following.

Management's determination of the amount of the allowance for loan losses and
expectations regarding its adequacy.

Management's efforts to reduce the higher degree of risk in second mortgage,
multifamily residential real estate, developed building lot, nonresidential real
estate and construction loans.

Management's efforts to manage delinquencies.

Management's efforts to manage interest rate risk.






















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