Republic Bancorp KY : Bank Hires Doug Burgess as Senior Vice President

FOR IMMEDIATE RELEASE

Tom Saelinger Market President Republic Bank

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REPUBLIC BANK HIRES DOUG BURGESS AS SENIOR VICE PRESIDENT

Former Fifth Third Senior Vice President joins Republic's Cincinnati banking team

CINCINNATI - Republic Bank announced today that Doug Burgess, a Cincinnati banking veteran who spent most of his career at Fifth Third Bank, has joined Republic Bank as Senior Vice President of Commercial Banking/Commercial Real Estate at its new Norwood, Ohio banking center.

Burgess has spent 35 years in the Cincinnati market as a senior level commercial real-estate and credit-risk officer for Fifth Third Bancorp as well as serving in a two-year stint as vice president of development services for Bunnell Hill Development and president of Bunnell Hill Consulting, Inc. in Lebanon, Ohio.

"We are very excited to add Doug's banking leadership and knowledge to our team," said Tom Saelinger, Republic Bank Market President. "Working side by side with Doug and learning from his experience will be a great resource as we grow Republic Bank's footprint in Cincinnati region. Doug has a tremendous local following and he brings enormous credibility with his many years in the banking industry."

Burgess began his career in banking at Fifth Third as a Commercial Real Estate Loan Originator in Cincinnati. Soon after he was promoted to Vice President, Manager of Commercial Real Estate for the Cincinnati Region and he also served in the roles of Real Estate Capital Markets Manager and Community Development Manager.

He did such a good job in the Cincinnati market that Fifth Third promoted him to the Bancorp Senior Vice President of Commercial Real Estate Credit Manager, a position he held for 12 years before joining Republic Bank.

"Republic continues to build a strong banking team in the Greater Cincinnati area, and Doug Burgess is a key addition to our group," said Robert Arnold, Managing Director of Commercial/Corporate Banking for Republic Bank. "We are creating, what we believe, is the best commercial bank in the region. Doug's leadership and banking knowledge will enable him to provide our clients with sound advice and commercial loans tailored to meet their specific needs."

Burgess, a graduate of Centre College in Danville, Ky., received his MBA from Emory University in Atlanta. He is an active volunteer with the Boy Scouts of America and currently serves or has served on the boards of several private and public organizations, including the Cincinnati Development Fund, the Hamilton County Development Corporation, the Neighborhood Development Corporation, Impact Autism Foundation, Inc., and Blue Mark Capital, LLC. He and his wife, Debra, reside in Terrace Park with the youngest of their five children.

You may contact Doug Burgess at his office number 513-685-1735 or by email at [e-mail].

About Republic Bank

Republic Bancorp, Inc. ("Republic") currently has 44 banking centers and is the parent company of Republic Bank & Trust Company ("RB&T"). RB&T has 32 banking centers in 12 Kentucky communities - Covington, Crestwood, Elizabethtown, Florence, Frankfort, Georgetown, Independence, Lexington, Louisville, Owensboro, Shelbyville and Shepherdsville; three banking centers in southern Indiana - Floyds Knobs, Jeffersonville and New Albany; six banking centers in Florida - Largo, Port Richey, St. Petersburg, Seminole and Temple Terrace; two banking centers in Tennessee - Cool Springs (Franklin) and Green Hills (Nashville); and one banking center in Norwood (Cincinnati), Ohio. Republic offers Internet banking at www.republicbank.com. Republic has $4.6 billion in assets and is headquartered in Louisville, Kentucky. Republic's Class A Common Stock is listed under the symbol "RBCAA" on the NASDAQ Global Select Market.

Republic Bank. It's just easier here SM ###

Doug Burgess