Kija Kim Named to BostonFed Bancorp, Inc. Board of Directors

For Immediate Release

BostonFed Bancorp, Inc. (AMEX - BFD), the parent of Boston Federal Savings Bank, a federally-chartered savings bank, and Broadway National Bank, a nationally-chartered commercial bank, (collectively the "Banks") announced the election of Ms. Kija Kim to the Boards of the Company and the two subsidiary Banks. Ms. Kim, is co-founder, President and Chief Executive Officer of Harvard Design and Mapping Company, Inc. (HDM) of Cambridge.

Ms. Kim has been active in business and community affairs and has received numerous awards for service. She has been a prominent advocate for the advancement of women and minorities in business. Ms. Kim has a BA from Seoul National University and completed Graduate Studies at Clark University. She has also completed Executive Management programs at Babson College and Dartmouth College. More information about Kija can be found at www.kijakim.com.

HDM specializes in Geographic Information Systems (GIS) technology, and the design and development of computer mapping software including applications for the risk management, transportation and health care industries. HDM has offices in Cambridge and Washington, D.C.

BostonFed Bancorp Chairman David Holland stated, "We are extremely pleased to have Ms. Kim join our Board. She brings a wealth of knowledge to help guide the Company and the Banks." Holland also noted that more than half of the Bank's outside directors are women.