United National Bancorp Enters Into Outsourcing Agreement With The Bisys Group, Inc.

• Date: 18 February 1999
• Parties: United National Bancorp ("UNBJ"), United National Bank, BISYS Group, Inc. ("BISYS")
• Section: Commercial Contracts

United National Bancorp Enters Into

Outsourcing Agreement with the BISYS Group, Inc.

Bridgewater, NJ -- February 18, 1999 -- United National Bancorp (Nasdaq: UNBJ)

announced today that its principal subsidiary, United National Bank, has entered

into a multi-year agreement with the BISYS Group, Inc. whereby BISYS will

provide integrated information processing services, as well as item processing

and deposit services, for United National.

"We are excited about the opportunities available to us as a result of our new

partnership with BISYS," stated Thomas C. Gregor, chairman and chief executive

officer of United National. "During the past year we completed an assessment of

our information processing needs going forward into the next century. After

evaluating a number of different options, we determined that the flexibility and

quality of BISYS' TOTALPLUS (R) system would best serve our needs today and for

years to come."

United Financial Services, a third party services provider that United National

Bancorp owns with another joint venture partner, currently handles the Bank's

information processing services, item processing and deposit services. As a

result of its planned move to BISYS, United National will be liquidating its

interest in United Financial Services during the first half of 1999 after it

goes live with BISYS.

"Our investment in United Financial Services has made a great deal of sense

since we established it in 1995," said Mr. Gregor. "United Financial Services

has allowed United National to realize significant efficiencies through the

sharing of technology and processing costs. Nevertheless, we believe that the

enhanced capabilities which BISYS offers are better matched to the future

direction of our Bank."

Contact: media, Donald Reinhard, 908-429-2370 or investors, Donald Malwitz,

908-429-2405, both of United National.