BankAtlantic Sponsors Online Contest to Spend New Year's Eve as DJ Irie's Guest at the 2nd Annual Orange Driver Miami Beach Festival

FT. LAUDERDALE, FL-- (December 6, 2011) – BankAtlantic, Florida’s Most Convenient Bank, is sponsoring the “Ultimate New Year’s Eve Party with DJ Irie” online contest, giving visitors to its website (www.bankatlantic.com) a chance to win VIP tickets to the 2nd Annual Orange Drive Miami Beach Music Festival on Saturday, December 31, 2011. The Grand Prize winner will receive two tickets to the New Year’s Eve Event and a special meet and greet backstage with DJ Irie, the official DJ of the Miami Heat. The 2nd Annual Orange Drive Miami Beach Music Festival, a three day event on the sands of Ocean Drive (between 7th and 9th), will feature performances by Ne-Yo, Cee Lo Green, Pete Wentz, Boyz II Men and Jermaine Dupri as part of their line-up.

To enter the “Ultimate New Year’s Eve Party with DJ Irie” online contest, participants need to visit www.BankAtlantic.com, click the link to enter the contest and register by entering their name, phone number, email address and share their favorite New Year’s Experience. The Grand Prize includes a pair of VIP tickets to the Festival and a special meet and greet with DJ Irie backstage. The second place winner will receive a pair of VIP tickets to the New Year’s Eve event, and the third place winner will receive a pair of general admission tickets. The winners will be selected randomly.

The contest is running on the BankAtlantic website from December 6-15, 2011 and the winners will be notified on December 16th. Anyone 21 years or older who visits the BankAtlantic website can enter and there is no cost or purchase necessary. Please visit www.BankAtlantic.com for the full list of contest details, rules and regulations. For more information about the 2nd Annual Orange Drive Miami Beach Music Festival, please visit www.orangedr.com.

About DJ Irie
DJ Irie, the official DJ for the Miami Heat, was recently named as a Brand Ambassador for BankAtlantic. Dominating any venue and infusing every party with his seemingly infinite energy, DJ Irie has captivated the entire industry. Voted Best DJ by the Miami Herald and Miami New Times, Irie's passion, enthusiasm and particularly charming personality sets him apart. Although Miami is his stomping ground, on a national level DJ Irie is impossible to miss. As the official DJ to Jamie Foxx and the 2006 NBA World Champion Miami HEAT and performances at VH1’s Pepsi Superbowl Fan Jam, Fashion Rocks, BET Awards, MTV, the Nickelodeon Teen Choice Awards and the Halftime show at the Orange Bowl for five consecutive years, DJ Irie knows no boundaries.

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 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 and offers extended weekday hours, Online Banking & Bill Pay, a 7-Day Customer Service Center, Change Exchange coin counters, as well as retail and business checking accounts. Member FDIC.

Banking just got a whole lot easier! For further information, please visit us at www.BankAtlantic.com or a BankAtlantic branch nearest you.

Media Contact:
Kip Hunter Marketing - 954-765-1329
Aimee Adler/Jodi Goldstein
aimee@kiphuntermarketing.com, jodi@kiphuntermarketing.com

BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic. For further information, please visit: www.BankAtlanticBancorp.com

BankAtlantic Bancorp, Inc. Contact Info:
Leo Hinkley, Investor and Corporate Communications Officer: 954- 940-5300 InvestorRelations@BankAtlanticBancorp.com

Sharon Lyn, V.P., Investor and Corporate Communications: 954-940-6383
CorpComm@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 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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