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BankAtlantic Bancorp to Issue Financial Results For the Third Quarter, 2009

BankAtlantic Bancorp, Inc. (NYSE: BBX) announced today that it plans to release its financial results for the third quarter, 2009 in a press release to be issued prior to market open Thursday, October 22, 2009. BankAtlantic Bancorp also plans to host an investor and media teleconference call and webcast on Thursday, October 22, 2009 beginning at 11:00 a.m. (Eastern Time).

Teleconference Call Information:

To access the teleconference call in the U.S. and Canada, the toll free number to call is (800) 968-8156. International calls may be placed to (706) 634-5752. Domestic and international callers should reference conference ID number 36178755.

A replay of the conference call will be available beginning two hours after the call’s completion through 5:00 p.m. Eastern Time, Thursday, November 5, 2009. To access the replay option in the U.S. and Canada, the toll free number to call is (800) 642-1687. International calls for the replay may be placed at (706) 645-9291. The replay digital conference ID number for both domestic and international calls is 36178755.

Webcast Information:

Alternatively, individuals may listen to the live and/or archived webcast of the teleconference call. To listen to the webcast, visit www.BankAtlanticBancorp.com, access the “Investor Relations” section and click on the “Webcast” navigation link, or go directly to http://www.visualwebcaster.com/event.asp?id=63091. The archive of the teleconference call will be available through 5:00 p.m. Eastern Time, Monday, November 23, 2009.

About BankAtlantic Bancorp:

BankAtlantic Bancorp (NYSE: BBX) is a bank holding company and the parent company of BankAtlantic.

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, online banking division - BankAtlantic.com, 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 with extended weekday hours, Free Online Banking & Bill Pay, a 7-Day Customer Service Center and Change Exchange coin counters.

For further information, please visit our websites:

www.BankAtlanticBancorp.com

www.BankAtlantic.com

* To receive future BankAtlantic Bancorp news releases or announcements directly via Email, please click on the Email Broadcast Sign Up button on our website: www.BankAtlanticBancorp.com.

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. When used in this press release, the words “plan,” “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify certain of such forward-looking statements. Actual results, performance, or achievements could differ materially from those contemplated, expressed, or implied by the forward-looking statements contained herein.

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