BankUnited to Release 1st Quarter 2005 Earnings; Conference Call to be

    Business Editors

    CORAL GABLES, Fla.--(BUSINESS WIRE)--Jan. 13, 2005--BankUnited Financial Corporation (Nasdaq:BKUNA), parent company of BankUnited FSB, announced today that financial results for the first quarter of 2005, which ended December 31, 2004, will be released January 19, 2005, before markets open.
    A conference call will be held on Wednesday, January 19, 2005, at 2 p.m. EST with Chairman and Chief Executive Officer Alfred R. Camner, President and Chief Operating Officer Ramiro Ortiz and Chief Financial Officer Bert Lopez to discuss the earnings for the quarter.
    The toll-free dial-in number for the conference call is (800)238-9007. The call leader is Alfred R. Camner. The name of the call is BankUnited, and the access code for the call is 8203943. A replay of the call will be available from 4 p.m. EST on January 19, 2005, through 11:59 p.m. EST on January 25, 2005 by calling toll-free: (domestic) (888) 203-1112 or (international) (719) 457-0820. The pass code for the replay is 8203943.

    About BankUnited

    BankUnited Financial Corp. (Nasdaq:BKUNA) is the holding company for BankUnited FSB, the largest banking institution headquartered in Florida as measured by assets. BankUnited had assets of $8.7 billion at September 30, 2004. Serving customers in Miami-Dade, Broward, Palm Beach, Martin and Collier counties through 50 branches, BankUnited offers a full spectrum of consumer and commercial banking products and services, including online products that can be accessed through http://www.bankunited.com. For additional information, call (877) 779-2265.

    Forward-Looking Statements

    This press release may contain certain forward-looking statements, which are based on management's expectations regarding factors that may impact the Company's earnings and performance in future periods. Words and phrases such as: "will likely result," "expect," "will continue," "anticipate," "estimate," "project," "believe," "intend," "should," "may," "can," "could," "plan," "target" and similar expressions are intended to identify "forward-looking statements." Actual results or performance could differ from those implied or contemplated by such statements. Factors that could cause future results and performance to vary materially from current management expectations include, but are not limited to, general business and economic conditions, fiscal and monetary policies, war and terrorism, changes in interest rates, deposit flows, loan demand and real estate values; competition with other providers of financial products and services; the issuance or redemption of additional company equity or debt; volatility in the market price of our common stock; changes in accounting principles, policies or guidelines, changes in legislation or regulation; reliance on other companies for products and services; attracting and retaining key personnel; and other economic, competitive, servicing capacity, governmental, regulatory and technological factors affecting the company's operations, pricing, products and delivery of services.

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CONTACT: BankUnited Financial Corporation, Coral Gables Investor Relations: Lauren Camner, 305-231-6535 or Corporate Communications: Melissa Gracey, 305-817-8117

KEYWORD: FLORIDA INDUSTRY KEYWORD: BANKING EARNINGS CONFERENCE CALLS SOURCE: BankUnited Financial Corporation

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