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BankAtlantic Receives Florida Business Award From the International Business Council of Florida

FORT LAUDERDALE, FL. – June 11, 2009 – BankAtlantic, Florida’s Most Convenient Bank, announced that it has been awarded the ‘Florida Business Award’ from the International Business Council of Florida.

“Being a successful banking franchise in Florida requires more than being open seven days. It requires thinking and acting locally; being part of the community, getting to know your customer and their business, and helping them achieve their goals. That’s a true community bank, and that’s BankAtlantic,” said Jarett Levan, CEO of BankAtlantic. “Over the years we have worked very hard to be not only Florida’s Most Convenient Bank, but Florida’s community bank, and we are deeply pleased to see our efforts recognized by the International Business Council of Florida with its ‘Florida Business Award.”

“Florida has a story of a robust economy, of technology innovation, of entrepreneurship, of international commerce, and of a great quality of life. Florida is a story of business successes and we are very pleased to distinguish BankAtlantic with the Florida Business Award,” said Jay Almeida, Chairman and CEO of the International Business Council of Florida.

The International Business Council of Florida’s “Florida Business Award” was created to honor and generate public recognition of the achievements and positive contributions of Florida organizations and businesses. It is one of the largest award celebrations in Florida, recognizing exemplary performance in 23 business categories.

About the International Business Council of Florida:
The International Business Council of Florida is a membership-based, public, not-for-profit association of Florida businesses, leaders and organizations engaged in, or in support of international trade. Our mission is to facilitate international trade in state of Florida; to promote and market Florida as a world-class center for global commerce; and, to support other organizations that share these goals. This mission is accomplished through the retention, expansion and attraction of international commerce, the education of Council members, and through the development of Strategic Alliances with entities who value regional cooperation in the pursuit of this mission. For further information, please call 786-306-6650, or visit
www.internationalbusinesscouncil.org or www.floridabusinessaward.com

About BankAtlantic: BankAtlantic, “Florida’s Most Convenient Bank”, is one of the largest financial institutions headquartered in Florida. Via its broad network of community branches, online banking division - BankAtlantic.com , and conveniently located ATMs, BankAtlantic provides a full line of personal, small business and commercial banking products and services. BankAtlantic is open 7 days a week with extended weekday hours, Free Online Banking & Bill Pay, a 7-Day Customer Service Center and Change Exchange coin counters.

BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic.

BankAtlantic, Florida’s Most Convenient Bank, Contact Info:
Media Relations:
Sharon Lyn Telephone: 954-940-6383
Fax: 954-940-5320
Email: CorpComm@BankAtlanticBancorp.com

Public Relations for BankAtlantic:
Rbb Public Relations
Sandra Fine
Telephone: 305-567-0535, Fax: 305-448-5027
Email: sandra.fine@rbbpr.com

BankAtlantic Bancorp Contact Info:
Leo Hinkley, Investor Relations Officer
Telephone: (954) 940-5300
Email: InvestorRelations@BankAtlanticBancorp.com

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Except for historical information contained herein, the matters discussed in this press release contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), that involve substantial risks and uncertainties. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein. The Company cautions that the foregoing factors are not exclusive.

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