<SUBMISSION>
<ACCESSION-NUMBER>0001047469-09-003152
<TYPE>DEF 14A
<PUBLIC-DOCUMENT-COUNT>4
<PERIOD>20090505
<FILING-DATE>20090325
<DATE-OF-FILING-DATE-CHANGE>20090325
<EFFECTIVENESS-DATE>20090325
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>ACNB CORP
<CIK>0000715579
<ASSIGNED-SIC>6022
<IRS-NUMBER>232233457
<STATE-OF-INCORPORATION>PA
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>DEF 14A
<ACT>34
<FILE-NUMBER>000-11783
<FILM-NUMBER>09704083
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>675 OLD HARRISBURG RD
<STREET2>P O BOX 3129
<CITY>GETTYSBURG
<STATE>PA
<ZIP>17325
<PHONE>7173343161
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>P O BOX 3129
<STREET2>675 OLD HARRISBURG RD
<CITY>GETTYSBURG
<STATE>PA
<ZIP>17325
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>DEF 14A
<SEQUENCE>1
<FILENAME>a2191792zdef14a.htm
<DESCRIPTION>DEF 14A
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<P><FONT SIZE=3 >
Use these links to rapidly review the document<BR>
<A HREF="#bg14801_table_of_contents">  TABLE OF CONTENTS</A><BR></font>
</P>

<P style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->





<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><B> SCHEDULE 14A</B></FONT><FONT SIZE=2><BR>
(Rule 14a-101) </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Proxy
Statement Pursuant to Section 14(a) of<BR>
the Securities Exchange Act of 1934 (Amendment No.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;) </FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="18" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="417" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><FONT SIZE=2> Filed by the Registrant <FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>Filed by a Party other than the Registrant <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><FONT SIZE=2><BR>
Check the appropriate box:</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Preliminary Proxy Statement</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2><B> Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Definitive Proxy Statement</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Definitive Additional Materials</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Soliciting Material Pursuant to &sect;240.14a-12<BR></FONT>
</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="14" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="410" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=2><B> ACNB CORPORATION</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<HR NOSHADE SIZE="1.0pt" WIDTH="100%" COLOR="#000000">

</FONT> <FONT SIZE=2> (Name of Registrant as Specified In Its Charter)</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<HR NOSHADE SIZE="1.0pt" WIDTH="100%" COLOR="#000000">

</FONT> <FONT SIZE=2> (Name of Person(s) Filing Proxy Statement, if other than the Registrant)</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=5 style="font-family:times;"><FONT SIZE=2>Payment of Filing Fee (Check the appropriate box):</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#253;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>No fee required.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and&nbsp;0-11.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(1)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Title of each class of securities to which transaction applies:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(2)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Aggregate number of securities to which transaction applies:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(3)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined):<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(4)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Proposed maximum aggregate value of transaction:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(5)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Total fee paid:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>Fee paid previously with preliminary materials.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2> <FONT FACE="WINGDINGS">&#111;</FONT></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>Check box if any part of the fee is offset as provided by Exchange Act Rule&nbsp;0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration
statement number, or the Form or Schedule and the date of its filing.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(1)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><BR><FONT SIZE=2>Amount Previously Paid:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(2)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Form, Schedule or Registration Statement No.:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(3)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Filing Party:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(4)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2>Date Filed:<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=890379,FOLIO='blank',FILE='DISK127:[09ZAD1.09ZAD14801]AA14801A.;5',USER='JLAWRENA',CD='23-MAR-2009;18:11' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>
<IMG SRC="g677263.jpg" ALT="GRAPHIC" WIDTH="202" HEIGHT="171">
  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>March&nbsp;25,
2009 </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>Dear
Fellow Shareholders of ACNB Corporation: </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
behalf of the Board of Directors, I am pleased to invite you to attend our Annual Meeting of Shareholders to be held on Tuesday, May&nbsp;5, 2009, at 1:00&nbsp;p.m., prevailing
time, at the ACNB Corporation Operations Center, 100 V-Twin Drive, Gettysburg, Pennsylvania 17325. At the annual meeting, you will have the opportunity to ask questions and to make
comments. Enclosed with the proxy statement is the notice of meeting, proxy card, ACNB Corporation's 2008 Annual Review, and ACNB Corporation's 2008 Annual Report on Form&nbsp;10-K. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
principal business of the meeting is to fix the number of Directors of ACNB Corporation at thirteen (13); to fix the number of Class&nbsp;1 Directors at five (5); to fix the number
of Class&nbsp;2 Directors at four (4); to fix the number of Class&nbsp;3 Directors at four (4); to elect four (4)&nbsp;Class&nbsp;2 Directors to serve for
terms of three (3)&nbsp;years and until their successors are elected and qualified; to approve and adopt an amendment to the Articles of Incorporation of ACNB Corporation to authorize preferred
stock; to approve and ratify the ACNB Corporation 2009 Restricted Stock Plan; to ratify the selection of Beard Miller Company,&nbsp;LLP as ACNB Corporation's independent auditors; and, to transact
any other business that is properly presented at the annual meeting. The notice of meeting and proxy statement accompanying this letter describe the specific business to be acted upon in more detail. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Whether
or not you plan to attend the annual meeting, I urge you to vote as soon as possible by completing, signing and returning the enclosed proxy card in the envelope provided. The
prompt return of your proxy card will save the Corporation expenses involved in further communications. Your vote is important. Voting by written proxy will ensure your representation at the annual
meeting if you do not attend in person. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I
look forward to seeing you on May&nbsp;5, 2009, at the Corporation's annual meeting. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>Sincerely, </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>
<IMG SRC="g84378.jpg" ALT="GRAPHIC" WIDTH="243" HEIGHT="70">
  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>Thomas
A. Ritter<BR></FONT> <FONT SIZE=2><I>President&nbsp;&amp; Chief Executive Officer</I></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=870180,FOLIO='blank',FILE='DISK127:[09ZAD1.09ZAD14801]BC14801A.;4',USER='JLAWRENA',CD='23-MAR-2009;18:12' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>ACNB CORPORATION  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B>OTC BB TRADING SYMBOL: ACNB  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B> NOTICE OF ANNUAL MEETING OF SHAREHOLDERS  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B> AND  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B> PROXY STATEMENT  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B> 2009  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B> www.acnb.com  </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=3,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=826566,FOLIO='blank',FILE='DISK127:[09ZAD1.09ZAD14801]BE14801A.;3',USER='TDIMIZI',CD='16-MAR-2009;14:23' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>
<A NAME="BG14801A_main_toc"></A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="bg14801_table_of_contents"> </A>
<BR></FONT><FONT SIZE=2><B>  TABLE OF CONTENTS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>
<A NAME="BG14801_TOC"></A> </FONT></P>
<!-- COMMAND=ADD_START_LINKTABLE -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="424" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="22" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>PAGE </B></FONT></TH>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#bi14801_acnb_corporation_16_lincoln_sq__acn04651"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>NOTICE OF ANNUAL MEETING OF SHAREHOLDERS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#da14801_proxy_statement"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>PROXY STATEMENT</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#da14801_proxy_statement"><FONT SIZE=2><BR>
1</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#da14801_general_information"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>GENERAL INFORMATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#da14801_general_information"><FONT SIZE=2><BR>
1</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#da14801_voting_procedures"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>VOTING PROCEDURES</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#da14801_voting_procedures"><FONT SIZE=2><BR>
1</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#da14801_governance_of_the_corporation"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>GOVERNANCE OF THE CORPORATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#da14801_governance_of_the_corporation"><FONT SIZE=2><BR>
3</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dc14801_election_of_directors"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ELECTION OF DIRECTORS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dc14801_election_of_directors"><FONT SIZE=2><BR>
7</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dc14801_share_ownership"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>SHARE OWNERSHIP</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dc14801_share_ownership"><FONT SIZE=2><BR>
10</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#de14801_compensation_and_plan_information"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>COMPENSATION AND PLAN INFORMATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#de14801_compensation_and_plan_information"><FONT SIZE=2><BR>
12</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#di14801_compensation_committee_report"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>COMPENSATION COMMITTEE REPORT</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#di14801_compensation_committee_report"><FONT SIZE=2><BR>
20</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#di14801_executive_compensation_and_employee_benefits"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>EXECUTIVE COMPENSATION AND EMPLOYEE BENEFITS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#di14801_executive_compensation_and_employee_benefits"><FONT SIZE=2><BR>
20</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dk14801_potential_payments_upo__dk102385"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dk14801_potential_payments_upo__dk102385"><FONT SIZE=2><BR>
24</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dk14801_compensation_committee__dk102481"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dk14801_compensation_committee__dk102481"><FONT SIZE=2><BR>
27</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dm14801_audit_committee_report"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>AUDIT COMMITTEE REPORT</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dm14801_audit_committee_report"><FONT SIZE=2><BR>
28</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dm14801_amendment_to_articles_of_incorporation"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>AMENDMENT TO ARTICLES OF INCORPORATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dm14801_amendment_to_articles_of_incorporation"><FONT SIZE=2><BR>
29</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#dm14801_acnb_corporation_2009_restricted_stock_plan"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ACNB CORPORATION 2009 RESTRICTED STOCK PLAN</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#dm14801_acnb_corporation_2009_restricted_stock_plan"><FONT SIZE=2><BR>
31</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#do14801_independent_auditors"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>INDEPENDENT AUDITORS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#do14801_independent_auditors"><FONT SIZE=2><BR>
34</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#do14801_section_16(a)_benefici__do102032"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>SECTION&nbsp;16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#do14801_section_16(a)_benefici__do102032"><FONT SIZE=2><BR>
34</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#do14801_proposals"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>PROPOSALS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#do14801_proposals"><FONT SIZE=2><BR>
35</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#do14801_additional_information"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ADDITIONAL INFORMATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#do14801_additional_information"><FONT SIZE=2><BR>
36</FONT></A></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#do14801_other_matters"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>OTHER MATTERS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#do14801_other_matters"><FONT SIZE=2><BR>
36</FONT></A></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
<!-- COMMAND=ADD_END_LINKTABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Proxy
Statement </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Dated
and to be mailed to shareholders on or about March&nbsp;25, 2009. </FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=4,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=360447,FOLIO='blank',FILE='DISK127:[09ZAD1.09ZAD14801]BG14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:12' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="bi14801_acnb_corporation_16_lincoln_sq__acn04651"> </A>
<A NAME="toc_bi14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  ACNB CORPORATION<BR>  16 LINCOLN SQUARE<BR>  P.O. BOX 3129<BR>  GETTYSBURG, PENNSYLVANIA 17325<BR>  (717)&nbsp;334-3161<BR>  <BR>    NOTICE OF ANNUAL MEETING OF SHAREHOLDERS<BR>  TO BE HELD ON MAY 5, 2009    <BR>
</B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>TO
THE SHAREHOLDERS OF ACNB CORPORATION: </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOTICE
IS HEREBY GIVEN that the Annual Meeting of Shareholders of ACNB Corporation will be held at the ACNB Corporation Operations Center, 100 V-Twin Drive, Gettysburg,
Pennsylvania 17325 on Tuesday, May&nbsp;5, 2009, at 1:00&nbsp;p.m., prevailing time, for the purpose of considering and voting upon the following matters: </FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
fix the number of Directors of ACNB Corporation at thirteen (13);
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
fix the number of Class&nbsp;1 Directors at five (5);
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
fix the number of Class&nbsp;2 Directors at four (4);
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
fix the number of Class&nbsp;3 Directors at four (4);
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
elect four (4)&nbsp;Class&nbsp;2 Directors to serve for terms of three (3)&nbsp;years and until their successors are elected and qualified;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>6.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
approve and adopt the amendment to the Articles of Incorporation of ACNB Corporation to authorize preferred stock;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>7.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
approve and ratify the ACNB Corporation 2009 Restricted Stock Plan;
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>8.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
ratify the selection of Beard Miller Company,&nbsp;LLP as ACNB Corporation's independent auditors; and,
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>9.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>To
transact such other business as may properly come before the 2009 Annual Meeting and any adjournment or postponement thereof. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Only
those shareholders of record, at the close of business on March&nbsp;10, 2009, are entitled to notice of and to vote at the meeting. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Please
promptly sign the enclosed proxy card and return it in the enclosed postage-paid envelope. We cordially invite you to attend the meeting. Your proxy is revocable, and
you may withdraw it at any time prior to it being voted. You may deliver notice of revocation or deliver a later dated proxy to the Secretary of the Corporation before the vote at the meeting. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation's Board of Directors is distributing the proxy statement, proxy card, ACNB Corporation's 2008 Annual Review, and ACNB Corporation's 2008 Annual Report on
Form&nbsp;10-K on or about March&nbsp;25, 2009. </FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="48%" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="48%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><B> BY ORDER OF THE BOARD OF DIRECTORS,</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2><B>
<IMG SRC="g498720.jpg" ALT="GRAPHIC" WIDTH="195" HEIGHT="57">
 </B></FONT><FONT SIZE=2><BR>
<BR>
Thomas A. Ritter<BR></FONT> <FONT SIZE=2><I>President&nbsp;&amp; Chief Executive Officer</I></FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2>Gettysburg,
Pennsylvania<BR>
March&nbsp;25, 2009 </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B> YOUR VOTE IS IMPORTANT.<BR>
PLEASE COMPLETE, SIGN, DATE AND RETURN YOUR PROXY CARD.  </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=5,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=783623,FOLIO='blank',FILE='DISK127:[09ZAD1.09ZAD14801]BI14801A.;7',USER='WWASSER',CD='23-MAR-2009;18:17' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_da14801_1_1"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="da14801_proxy_statement"> </A>
<A NAME="toc_da14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  PROXY STATEMENT    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="da14801_general_information"> </A>
<A NAME="toc_da14801_2"> </A></FONT> <FONT SIZE=2><B>  GENERAL INFORMATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Date, Time and Place of the Annual Meeting  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACNB Corporation, a Pennsylvania business corporation and registered financial holding company, furnishes this proxy statement in
connection with the solicitation by the
Board of Directors of proxies to be voted at the Corporation's Annual Meeting of Shareholders. The Annual Meeting of Shareholders will be held on May&nbsp;5, 2009, at 1:00&nbsp;p.m. at the ACNB
Corporation Operations Center, 100 V-Twin Drive, Gettysburg, Pennsylvania 17325. Included with this proxy statement is a copy of ACNB Corporation's 2008 Annual Review and ACNB
Corporation's 2008 Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation's principal executive office is located at 16 Lincoln Square, Gettysburg, Pennsylvania 17325. The Corporation's telephone number is (717)&nbsp;334-3161. All
inquiries regarding the annual meeting should be directed to Lynda L. Glass, Executive Vice President&nbsp;&amp; Secretary of ACNB Corporation, at (717)&nbsp;339-5085. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Description of ACNB Corporation  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACNB Corporation was formed in 1982, then became the holding company for Adams County National Bank in 1983. ACNB Corporation's
wholly-owned banking subsidiary is Adams County National Bank. Farmers National Bank of Newville is a division of Adams County National Bank. The Corporation's primary activity consists of owning and
supervising its banking subsidiary. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
January&nbsp;5, 2005, the Corporation completed its acquisition of Russell Insurance Group,&nbsp;Inc. The Corporation now owns and supervises Russell Insurance Group,&nbsp;Inc.
as its insurance subsidiary. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have not authorized anyone to provide you with information about the Corporation; therefore, you should rely only on the information contained in this document or on documents to
which we refer you. Although we believe we have provided you with all the information helpful to you in your decision to vote, events may occur at ACNB Corporation subsequent to printing this proxy
statement that might affect your decision or the value of your stock. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Internet Availability of Proxy Materials  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>Important Notice Regarding the Availability of Proxy Materials for the Shareholder Meeting to Be Held on
May&nbsp;5, 2009. The notice of meeting, proxy statement, proxy card, ACNB Corporation's 2008 Annual Review, and ACNB Corporation's 2008 Annual Report on Form&nbsp;10-K are available
at </B></FONT><FONT SIZE=2><B><I>www.acnb.com</I></B></FONT><FONT SIZE=2><B> under the ACNB Corporation Investor Relations tab or directly at<BR>  </B></FONT><FONT SIZE=2><B><I>http://www.acnb.com/home/acn.acn_meeting.</I></B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="da14801_voting_procedures"> </A>
<A NAME="toc_da14801_3"> </A>
<BR></FONT><FONT SIZE=2><B>  VOTING PROCEDURES    <BR>    </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Solicitation and Voting of Proxies  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors solicits this proxy for use at the Corporation's 2009 Annual Meeting of Shareholders. The Corporation's
directors and officers and bank employees may solicit proxies in person or by telephone, facsimile, email or other similar electronic means without additional compensation. The Corporation's
subsidiary bank will pay the cost of preparing, assembling, printing, mailing and soliciting proxies and any additional material that the Corporation sends to its shareholders. The Corporation will
make arrangements with brokerage firms and other custodians, nominees and fiduciaries to forward proxy solicitation materials to the beneficial owners of stock held by these entities. The
Corporation's subsidiary bank will reimburse these third parties for their </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>1</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=6,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=1001791,FOLIO='1',FILE='DISK127:[09ZAD1.09ZAD14801]DA14801A.;8',USER='WWASSER',CD='23-MAR-2009;18:38' -->
<A NAME="page_da14801_1_2"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>reasonable
forwarding expenses. This proxy statement and the related proxy card are being distributed on or about March&nbsp;25, 2009. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders
of record at the close of business on Tuesday, March&nbsp;10, 2009 (the voting record date), are entitled to vote at the meeting. The Corporation's records show that, as
of the voting record date, 5,955,943 shares of the Corporation's common stock, par value $2.50 per share, were outstanding. On all matters to come before the annual meeting, shareholders may cast one
(1)&nbsp;vote for each share held. Cumulative voting rights do not exist with respect to the election of directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
can vote your shares by completing and returning a written proxy card. You can also vote in person at the meeting. Submitting your voting instructions by returning a proxy card will
not affect your right to attend the meeting and vote, if you later decide to attend in person. If your shares are registered directly in your name with ACNB Corporation's transfer agent, Registrar and
Transfer Company, you are considered, with respect to those shares, the shareholder of record, and these proxy materials are being sent directly to you by the Corporation. As the shareholder of
record, you have the right to grant your voting proxy directly to the proxyholders or to vote in person at the meeting. The Corporation has enclosed a proxy card for your use. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
your shares are held in a stock brokerage account or by a bank or other nominee, you are considered the beneficial owner of shares held in street name, and these proxy materials are
being forwarded to you by your broker or nominee which is considered, with respect to those shares, the shareholder of record. As the beneficial owner, you have the right to direct your broker how to
vote and you are also invited to attend the meeting. However, because you are not the shareholder of record, you may not vote your street name shares in person at the meeting, unless you obtain a
proxy executed in your favor from the holder of record. Your broker or nominee has enclosed a voting instruction card for you to use in directing the broker or nominee how to vote your shares. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By
properly completing a proxy, you appoint Wayne E. Lau and Robert W. Miller as proxyholders to vote your shares, as indicated on the proxy card. Any signed proxy card not specifying to
the contrary will be voted </FONT><FONT SIZE=2><B>FOR</B></FONT><FONT SIZE=2>: </FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Fixing the number of Directors of ACNB Corporation at thirteen&nbsp;(13);  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Fixing the number of Class&nbsp;1 Directors at five&nbsp;(5);  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Fixing the number of Class&nbsp;2 Directors at four&nbsp;(4);  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Fixing the number of Class&nbsp;3 Directors at four&nbsp;(4);  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Electing four (4)&nbsp;Class&nbsp;2 Directors to serve for terms of three (3)&nbsp;years and until their successors
are elected and qualified;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Approving and adopting the amendment to the Articles of Incorporation of ACNB Corporation to authorize preferred stock; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Approving and ratifying the ACNB Corporation 2009 Restricted Stock Plan;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Ratifying the selection of Beard Miller Company,&nbsp;LLP as ACNB Corporation's independent auditors;
and, </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Transacting such other business as may properly come before the 2009 Annual Meeting and any adjournment or postponement
thereof. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
may revoke your written proxy by delivering written notice of revocation to Lynda L. Glass, Executive Vice President&nbsp;&amp; Secretary of ACNB Corporation, or by executing a later
dated proxy and giving written notice of the revocation to Ms.&nbsp;Glass at any time before the proxy is voted at the meeting. Proxyholders will vote shares represented by proxies on the
accompanying proxy card, if properly signed and returned, in accordance with instructions of shareholders. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>2</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=7,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=846036,FOLIO='2',FILE='DISK127:[09ZAD1.09ZAD14801]DA14801A.;8',USER='WWASSER',CD='23-MAR-2009;18:38' -->
<A NAME="page_da14801_1_3"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although
the Board of Directors knows of no other business to be presented, in the event that any other matters are properly brought before the meeting, any proxy given pursuant to this
solicitation will be voted in accordance with the recommendations of the Board of Directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
proxy statement is being mailed to the Corporation's shareholders on or about March&nbsp;25, 2009. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Quorum and Vote Required for Approval  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of the close of business on March&nbsp;10, 2009, the Corporation had 5,955,943 shares of common stock, par value $2.50 per share,
outstanding. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A
majority of the outstanding shares of common stock, represented in person or by proxy, constitutes a quorum for the conduct of business. Under Pennsylvania law and ACNB Corporation's
Bylaws, the presence of a quorum is required for each matter to be acted upon at the meeting. Votes withheld and abstentions are counted in determining the presence of a quorum for a particular
matter. Broker non-votes are not counted in determining the presence of a quorum for a particular matter as to which the broker withheld authority. Each share is entitled to one
(1)&nbsp;vote on all matters submitted to a vote of the shareholders. All matters to be voted upon by the shareholders require the affirmative vote of a majority of shares voted, in person or by
proxy, at the annual meeting, except in cases where the vote of a greater number of shares is required by law or under ACNB Corporation's Articles of Incorporation or Bylaws. In the case of the
election of directors, the candidates receiving the highest number of votes are elected. Shareholders are not entitled to cumulate votes for the election of directors. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a quorum is present, approval to fix the number of directors of the Board of Directors and to fix the number of directors in each class requires the affirmative
"</FONT><FONT SIZE=2><B>FOR</B></FONT><FONT SIZE=2>" vote of a majority of all shares present, in person or by proxy. Abstentions and broker non-votes are not deemed to constitute "votes
cast" and, therefore, do not count either for or against the proposals. Abstentions and broker non-votes, however, have the practical effect of reducing the number of affirmative votes
required to achieve a majority for the matter by reducing the total number of shares voted from which the required majority is calculated. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a quorum is present, the shareholders will elect the nominees for director receiving the highest number of "</FONT><FONT SIZE=2><B>FOR</B></FONT><FONT SIZE=2>" votes cast by those
shareholders entitled to vote for the election of directors. The proxyholders will not cast votes for or against any director nominees where the broker withheld authority. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a quorum is present, approval and adoption of the amendment to the Articles of Incorporation to authorize preferred stock and approval and ratification of the ACNB Corporation 2009
Restricted Stock Plan both require the affirmative vote of at least a majority of the votes cast at the annual meeting. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="da14801_governance_of_the_corporation"> </A>
<A NAME="toc_da14801_4"> </A>
<BR></FONT><FONT SIZE=2><B>  GOVERNANCE OF THE CORPORATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Board of Directors believes that the purpose of corporate governance is to ensure that we maximize shareholder value in a manner
consistent with legal requirements and the highest standards of integrity. The Board has adopted and adheres to corporate governance practices which the Board and senior management believe promote
this purpose, are sound, and represent best practices. We continually review these governance practices, Pennsylvania law (the state in which we are incorporated), rules and listing standards of the
OTC Bulletin Board, SEC regulations, as well as best practices suggested by recognized governance authorities. Currently, our Board of Directors has thirteen (13)&nbsp;members. Under the SEC and
Nasdaq standards for independence, all non-employee directors and nominees meet the standards for independence. This constitutes more than a majority of </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>3</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=8,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=16351,FOLIO='3',FILE='DISK127:[09ZAD1.09ZAD14801]DA14801A.;8',USER='WWASSER',CD='23-MAR-2009;18:38' -->
<A NAME="page_da14801_1_4"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>our
Board of Directors. Only independent directors serve on our Audit Committee, Nominating Committee, and Compensation Committee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
determining each director's and nominee's independence, the Board of Directors considered loan transactions between the bank and the individuals, their family members, and businesses
with which they are associated. The table below includes a description of other categories or types of transactions, relationships or arrangements considered by the Board (in addition to those listed
above and those transactions set forth under "Transactions with Directors and Executive Officers" below) in reaching its determination that the directors are independent. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="291" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="45" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="100" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:21pt;"><FONT SIZE=1><B>Name

<!-- COMMAND=ADD_SCROPPEDRULE,21pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Independent </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Other Transactions/<BR>
Relationships/Arrangements </B></FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Philip P. Asper</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Frank Elsner, III</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James J. Lott</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Robert W. Miller</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Daniel W. Potts</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>John R. Schnitzer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Marian B. Schultz</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Alan J. Stock</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Vendor Relationship</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Jennifer L. Weaver</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Harry L. Wheeler</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>None</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James E. Williams</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Yes</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Vendor Relationship</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
each case, the Board of Directors determined that none of the transactions impaired the independence of the director. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Directors of ACNB Corporation  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth, as of March&nbsp;10, 2009 (in alphabetical order), selected information about the Corporation's
directors and director nominees. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="309" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="25" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="25" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:21pt;"><FONT SIZE=1><B>Name

<!-- COMMAND=ADD_SCROPPEDRULE,21pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Class&nbsp;of<BR>
Director </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Director<BR>
Since </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Age as of<BR>
March&nbsp;10,&nbsp;2009 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Philip P. Asper</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1988</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>60</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Frank Elsner, III, Vice Chairman</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2002</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>48</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ronald L. Hankey, Chairman</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1982</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>68</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James J. Lott</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>46</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Robert W. Miller</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>60</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Daniel W. Potts</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2004</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>56</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Thomas A. Ritter</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2001</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>57</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>John R. Schnitzer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(1)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>45</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Marian B. Schultz</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1992</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>59</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Alan J. Stock</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2005</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>51</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Jennifer L. Weaver</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1992</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>62</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Harry L. Wheeler</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1999</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>68</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James E. Williams</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>55</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>New
Nominee for 2009. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>4</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=9,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=782870,FOLIO='4',FILE='DISK127:[09ZAD1.09ZAD14801]DA14801A.;8',USER='WWASSER',CD='23-MAR-2009;18:38' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dc14801_1_5"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Executive Officers of ACNB Corporation  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth, as of March&nbsp;10, 2009, selected information about the Corporation's Named Executive Officers,
each of whom is appointed by the Board of Directors and each of whom holds office at the Board's discretion. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="10" style="font-family:times;"></TD>
<TD WIDTH="325" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  COLSPAN=2 ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:67pt;"><FONT SIZE=1><B>Name and Position

<!-- COMMAND=ADD_SCROPPEDRULE,67pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Position<BR>
Held </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Age as of<BR>
March&nbsp;10, 2009 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Ronald L. Hankey</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Chairman of the Board</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1982</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>68</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Chief Executive Officer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1982-2003</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>



<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 President</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1982-2000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Thomas A. Ritter</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Chief Executive Officer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2003</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>57</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>President</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2001</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Executive Vice President</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2000-2001</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Frank C. Russell, Jr.</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 President&nbsp;&amp; Chief Executive</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>



<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Officer of Russell Insurance Group,&nbsp;Inc.&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2005</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>61</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Lynda L. Glass</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Secretary</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>48</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Secretary&nbsp;&amp; Treasurer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006-2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Executive Vice President</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2003</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Assistant Secretary</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1993-2003</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>



<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 David W. Cathell</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Executive Vice President, Treasurer &amp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Chief Financial Officer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>54</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Senior Vice President&nbsp;&amp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>



<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Chief Financial Officer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007-2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Principal Financial Officer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006-2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the Corporation's acquisition of Russell Insurance Group,&nbsp;Inc. in 2005, Mr.&nbsp;Russell served as the President of Russell Insurance Group,&nbsp;Inc. since its
founding in 1978. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to joining the Corporation, Mr.&nbsp;Cathell served as Senior Vice President&nbsp;&amp; Chief Financial Officer of Fulton Bancshares Corporation in McConnellsburg, Pennsylvania,
during 2005. Prior to that, Mr.&nbsp;Cathell was Executive Vice President&nbsp;&amp; Chief Financial Officer of Pennsylvania State Bank in Camp Hill, Pennsylvania, from 1999 through 2004. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Meetings and Committees of the Board of Directors  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors of ACNB Corporation met twelve (12)&nbsp;times during 2008. The Corporation maintains an Audit Committee,
Executive Committee, Compensation Committee, and Nominating Committee. A total of forty-three (43)&nbsp;Board and committee meetings of the Corporation's Board of Directors were held in 2008. During
2008, each of the directors attended at least 75% of the combined total number of meetings of the Corporation's Board of Directors and the committees of which he or she was a member. While the Board
of Directors has no formal policy concerning attendance at the Annual Meeting of Shareholders, all directors are expected to attend. All of the directors attended the 2008 Annual Meeting of
Shareholders, and we expect that they will all attend the 2009 Annual Meeting of Shareholders. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>5</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=10,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=753151,FOLIO='5',FILE='DISK127:[09ZAD1.09ZAD14801]DC14801A.;10',USER='WWASSER',CD='23-MAR-2009;18:25' -->
<A NAME="page_dc14801_1_6"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Audit Committee.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Members of the Audit Committee during 2008 were Directors Daniel W. Potts, who served as Chairperson, Philip P. Asper,
Wayne E. Lau,
Robert W. Miller and Harry&nbsp;L. Wheeler. Each of these directors is "independent" as defined in the SEC and Nasdaq standards for independence. In addition, Ronald L. Hankey, Thomas A. Ritter and
Lynda L. Glass serve as ex-officio members of this committee. The principal duties of the Audit Committee, as set forth in its charter, include reviewing significant audit and accounting
principles, policies and practices; reviewing performance of internal auditing procedures; and, recommending annually to the Board of Directors the engagement of an independent auditor. The charter of
the Audit Committee is attached to this 2009 Proxy Statement as Appendix&nbsp;A. The committee met four (4)&nbsp;times during 2008. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Committee.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Members of the Executive Committee during 2008 were Directors Frank Elsner, III, who served as Chairperson, Philip
P. Asper,
Wayne E. Lau, Marian B. Schultz, Alan J. Stock and Jennifer L. Weaver. In addition, Ronald L. Hankey, Thomas A. Ritter and Lynda L. Glass serve as ex-officio members of this committee. The
principal duties of the Executive Committee are to act on behalf of the Board between meetings and to evaluate governance issues. The committee met five (5)&nbsp;times during 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Compensation Committee.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Members of the Compensation Committee during 2008 were Directors Wayne E. Lau, who served as Chairperson,
Philip P. Asper,
Frank Elsner, III, Marian B. Schultz,
Jennifer L. Weaver, Harry&nbsp;L. Wheeler and James E. Williams. The principal duties of the Compensation Committee include evaluating and approving the executive officer compensation plans,
policies and programs of the Corporation. The charter of the Compensation Committee is attached to the 2007 Proxy Statement as Appendix&nbsp;B. The Compensation Committee met six (6)&nbsp;times
during 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nominating Committee.</B></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Members of the Nominating Committee during 2008 were Directors Philip P. Asper, who served as Chairperson, Frank
Elsner, III,
Marian B. Schultz, Alan J. Stock and Harry&nbsp;L. Wheeler. The principal duties of the Nominating Committee include identifying qualified individuals to serve on the Board and recommending nominees
to the Board. The charter of the Nominating Committee is attached to the 2007 Proxy Statement as Appendix&nbsp;C. The Nominating Committee met four (4)&nbsp;times during 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Shareholder Communications  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors has formal shareholder communications processes for the submission of shareholder proposals and nomination of
directors, as described below. In addition, shareholders may contact any member of the Board personally, by telephone or by written correspondence, including email. Written communications received by
the Corporation from shareholders are shared with the full Board as deemed appropriate. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Submission of Shareholder Proposals  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In order for a shareholder proposal (other than director nominations) to be considered for inclusion in ACNB Corporation's proxy
statement for next year's annual meeting, the written proposal must be received by the Corporation no later than November&nbsp;27, 2009. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
proposals must comply with Securities and Exchange Commission regulations regarding the inclusion of shareholder proposals in company-sponsored proxy materials. If a shareholder
proposal is submitted to the Corporation after November&nbsp;27, 2009, it is considered untimely; and, although the proposal may be considered at the annual meeting, the Corporation is not obligated
to include it in the 2010 Proxy Statement. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>6</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=11,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=61036,FOLIO='6',FILE='DISK127:[09ZAD1.09ZAD14801]DC14801A.;10',USER='WWASSER',CD='23-MAR-2009;18:25' -->
<A NAME="page_dc14801_1_7"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Employee Code of Ethics  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Since May 1994, Adams County National Bank has had a Conflict of Interest/Code of Ethics. In 2003, as required by law and regulation,
the Corporation's Board of Directors first adopted a Code of Ethics which is applicable to our directors, officers and employees. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Code of Ethics encourages individuals to report any conduct that they believe in good faith to be an actual or apparent violation of the Code of Ethics. We have filed a copy of the
Code of Ethics with the SEC as an exhibit to the Form&nbsp;8-K filed by the Corporation on March&nbsp;20, 2009. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dc14801_election_of_directors"> </A>
<A NAME="toc_dc14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  ELECTION OF DIRECTORS    <BR>    </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Nomination of Directors  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Corporation has a standing Nominating Committee with a charter. The Nominating Committee Charter is attached as Appendix&nbsp;C
to the 2007 Proxy Statement. Recommendations to the Board of Directors as to the nominees for election as directors at the annual meeting of the shareholders are provided by the Nominating Committee.
A shareholder who desires to propose an individual for consideration by the Board of Directors as a nominee for director should submit a recommendation in writing to the Secretary of the Corporation
in compliance with the requirements of Article&nbsp;II, Sections&nbsp;202 and 203, of the Corporation's Bylaws. Any shareholder who intends to nominate a candidate for election to the Board of
Directors must notify the Secretary of the Corporation in writing not less than fourteen (14)&nbsp;days prior to the date of any shareholder meeting called for the election of directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Qualification and Nomination of Directors  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Corporation's Articles of Incorporation and Bylaws authorize the number of directors to be not less than five (5)&nbsp;and not
more than twenty-five (25). They also provide for three (3)&nbsp;classes of directors with staggered three-year terms of office that expire at successive annual meetings.
Pursuant to Article&nbsp;II, Section&nbsp;205, of the Corporation's Bylaws, directors who reach the age of seventy-two (72), prior to the date of the annual meeting when such
director's term expires, may not stand for reelection to the Board of Directors. Currently, the number of directors is set at thirteen (13): Class&nbsp;1 consists of five (5)&nbsp;directors,
Class&nbsp;2 consists of four (4)&nbsp;directors, and Class&nbsp;3 consists of four (4)&nbsp;directors. However, pursuant to Article&nbsp;11 of the Corporation's Articles of Incorporation
and Article&nbsp;I, Section&nbsp;105, of the Corporation's Bylaws, at each shareholder meeting for the election of directors, the shareholders determine how many directors will be elected to serve
in each class. The Board of Directors believes that it is in the Corporation's best interest to fix the number of directors to be elected at the 2009 Annual Meeting at thirteen (13). The proposed
thirteen (13)&nbsp;member Board of Directors will consist of five (5)&nbsp;Class&nbsp;1 Directors, four (4)&nbsp;Class&nbsp;2 Directors, and four (4)&nbsp;Class&nbsp;3 Directors.
Shareholders will elect four (4)&nbsp;Class&nbsp;2 Directors to serve for three-year terms that expire at the Corporation's 2012 Annual Meeting of Shareholders. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Nominating Committee believes that a director nominee must have the following attributes/qualifications before being recommended as a nominee: stock ownership in the Corporation,
commitment of time, commitment to independence, commitment to the Corporation's community, financial competence, a good reputation, integrity, good communication skills, and the willingness and
ability to speak up for the interests of the Corporation. A director nominee shall also have expertise that strengthens the Board of Directors. When evaluating director nominees, the Nominating
Committee considers the skills and expertise of the current board members and seeks director nominees with knowledge, skills and abilities that enhance and complement&#151;rather than
duplicate&#151;the experiences and skills already represented on the Board of Directors. Further, the Nominating Committee ensures director nominees complement the Corporation's strategic
vision, a fundamental priority for the Board of Directors. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>7</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=12,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=713535,FOLIO='7',FILE='DISK127:[09ZAD1.09ZAD14801]DC14801A.;10',USER='WWASSER',CD='23-MAR-2009;18:25' -->
<A NAME="page_dc14801_1_8"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of Directors nominated John R. Schnitzer, Alan J. Stock, Jennifer L. Weaver and Harry&nbsp;L. Wheeler to serve as Class&nbsp;2 Directors until the 2012 Annual Meeting of
Shareholders or until their earlier death, resignation, or removal from office. Mr.&nbsp;Stock, Ms.&nbsp;Weaver and Mr.&nbsp;Wheeler are presently members of the Board of Directors, and have
consented to serve another term as a director if reelected. Mr.&nbsp;Schnitzer is not currently a member of the Board of Directors, but has consented to serve as a director if elected.
Mr.&nbsp;Schnitzer was recommended by two non-management directors. If any of the nominees should be unavailable to serve for any reason, a majority of the Board
of Directors then in office may fill the vacancy until the expiration of the term of the class of directors to which he or she was appointed. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
proxyholders intend to vote all proxies for the election of each of the nominees named below, unless you indicate that your vote should be withheld from any or all of them. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of Directors proposes the following nominees for election as Class&nbsp;2 Directors at the annual meeting: </FONT></P>

<UL>

<P style="font-family:times;"><FONT SIZE=2>John
R. Schnitzer<BR>
Alan J. Stock<BR>
Jennifer L. Weaver<BR>
Harry&nbsp;L. Wheeler </FONT></P>

</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>The Board of Directors recommends that shareholders vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> the proposal to elect the nominees listed above as
Class&nbsp;2 Directors.</I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Information as to Nominees and Directors  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Set forth below, as of March&nbsp;10, 2009, are the principal occupation and certain other information regarding the nominees and
other directors whose terms of office will continue after the annual meeting. Unless otherwise specified, all business experience is for the past five (5)&nbsp;years in the same or similar position.
You will find information about their share ownership on pages&nbsp;10 through 12. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I>Class&nbsp;1 Directors</I></B></FONT><FONT SIZE=2><B> (to serve until 2010)  </B></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="97" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="76%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><I>Ronald L. Hankey</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Mr.&nbsp;Hankey, age 68, is Chairman of the Corporation and Adams County National Bank, as well as is Vice Chairman of the Board of Directors of Russell Insurance Group,&nbsp;Inc. He served as the Corporation's Chief
Executive Officer from 1982 until December&nbsp;31, 2003. He also served as the Corporation's President from 1982 until December&nbsp;31, 2000. He served as Adams County National Bank's President&nbsp;&amp; Chief Executive Officer from 1975 until
December&nbsp;31, 2000. Mr.&nbsp;Hankey has been a member of the Corporation's Board of Directors and has served as Chairman of the Board since 1982. He also has been a member of Adams County National Bank's Board of Directors and has served as
Chairman of the Board since 1975. He has been a member of Russell Insurance Group,&nbsp;Inc.'s Board of Directors and has served as Vice Chairman of the Board since 2005.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>James J. Lott</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Mr.&nbsp;Lott, age 46, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 2007. He is President of Bonnie Brae Fruit Farms,&nbsp;Inc. located in Gardners,
Pennsylvania.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>8</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=13,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=477655,FOLIO='8',FILE='DISK127:[09ZAD1.09ZAD14801]DC14801A.;10',USER='WWASSER',CD='23-MAR-2009;18:25' -->
<A NAME="page_dc14801_1_9"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="97" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="76%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><I>Robert W. Miller</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Mr.&nbsp;Miller, age 60, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 2007 and serves as an audit committee financial expert. He is President of Miller, Brown,
Ohm&nbsp;&amp; Associates, P.C., a certified public accounting firm located in McSherrystown, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>Marian B. Schultz</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Ms.&nbsp;Schultz, age 59, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 1992. She is Dean of the School of Academic Programs&nbsp;&amp; Services and
Library&nbsp;&amp; Multi-Media Services at Shippensburg University located in Shippensburg, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>James E. Williams</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Mr.&nbsp;Williams, age 55, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 2007. He is President of C.E. Williams Sons,&nbsp;Inc., a paving and excavating company
located in Gettysburg, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2><B><I>Class&nbsp;2 Directors</I></B></FONT><FONT SIZE=2><B> (to serve until 2009) (Nominees to serve until 2012)</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
<BR></FONT> <FONT SIZE=2><I> John R. Schnitzer</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>
<BR></FONT> <FONT SIZE=2>Mr.&nbsp;Schnitzer, age 45, is a nominee for Class&nbsp;2 Director. He has been associated with Smith Elliott Kearns&nbsp;&amp; Company,&nbsp;LLC since 1986 and is currently the Member-in-Charge of this regional certified
public accounting firm's office located in Hanover, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>Alan J. Stock</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Mr.&nbsp;Stock, age 51, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 2005. He is the owner of Eicholtz Company, an office equipment and furniture dealership
located in New Oxford, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>Jennifer L. Weaver</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Ms.&nbsp;Weaver, age 62, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 1992. She is Dean of the Gettysburg Campus of Harrisburg Area Community College located
in Gettysburg, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>Harry L. Wheeler</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Mr.&nbsp;Wheeler, age 68, has been a member of the Corporation's Board of Directors since March&nbsp;1, 1999, and of Adams County National Bank's Board of Directors since October&nbsp;1, 2000. He served as a director
of Farmers National Bank of Newville from 1987 until October&nbsp;1, 2000. Mr.&nbsp;Wheeler is the proprietor of Wheeler Drywall located in Carlisle, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2><B><I>Class&nbsp;3 Directors</I></B></FONT><FONT SIZE=2><B> (to serve until 2011)</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
<BR></FONT> <FONT SIZE=2><I> Philip P. Asper</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>
<BR></FONT> <FONT SIZE=2>Mr.&nbsp;Asper, age 60, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 1988. He is a building contractor in Biglerville, Pennsylvania.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>Frank Elsner, III</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Mr.&nbsp;Elsner, age 48, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 2002. He is President&nbsp;&amp; Chief Executive Officer of Elsner Engineering Works,
&nbsp;Inc., an engineering and manufacturing company located in Hanover, Pennsylvania.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>9</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=14,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=673261,FOLIO='9',FILE='DISK127:[09ZAD1.09ZAD14801]DC14801A.;10',USER='WWASSER',CD='23-MAR-2009;18:25' -->
<A NAME="page_dc14801_1_10"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="97" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="76%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><I>Daniel W. Potts</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Mr.&nbsp;Potts, age 56, has been a member of both the Corporation's and Adams County National Bank's Boards of Directors since 2004 and serves as an audit committee financial expert. He has also been a member of Russell
Insurance Group, Inc.'s Board of Directors since 2005. He has 25&nbsp;years of global business experience, including 10&nbsp;years with major accounting firms. Following his career in the financial services industry, Mr.&nbsp;Potts was involved in
residential real estate development. He is currently active in real estate sales in association with Avalon Real Estate Agency, located in Avalon, New Jersey, and a financial services consultant with Capgemini, a worldwide provider of consulting,
technology and outsourcing services.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2><I>Thomas A. Ritter</I></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Mr.&nbsp;Ritter, age 57, is President&nbsp;&amp; Chief Executive Officer of the Corporation and Adams County National Bank, as well as is Chairman of the Board of Directors of Russell Insurance Group,&nbsp;Inc. He
served as Executive Vice President of the Corporation and Adams County National Bank from January&nbsp;1, 2000, until December&nbsp;31, 2000. Effective January&nbsp;1, 2001, he became President of the Corporation and President&nbsp;&amp; Chief
Executive Officer of Adams County National Bank. Effective December&nbsp;31, 2003, Mr.&nbsp;Ritter became the Corporation's Chief Executive Officer. He has been a member of both the Corporation's Board of Directors and Adams County National Bank's
Board of Directors since 2001. He has been a member of Russell Insurance Group,&nbsp;Inc.'s Board of Directors and has served as Chairman of the Board since 2005. Mr.&nbsp;Ritter had previously served as a member of both the Corporation's and Adams
County National Bank's Boards of Directors from 1997 until his retirement from each Board in December 1999. From 1986 until December 1999, Mr.&nbsp;Ritter was an insurance agent in Gettysburg, Pennsylvania.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dc14801_share_ownership"> </A>
<A NAME="toc_dc14801_2"> </A>
<BR></FONT><FONT SIZE=2><B>  SHARE OWNERSHIP    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Principal Shareholders  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As of December&nbsp;31, 2008, the Board of Directors knows of no person who owns of record or who is known to be the beneficial owner
of more than 5% of the Corporation's outstanding common stock. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Beneficial Ownership of Executive Officers, Directors and Nominees  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth, as of December&nbsp;31, 2008, and from information received from the respective individuals, the
amount and percentage of the common stock beneficially owned by each director, each nominee for director, each executive officer and all executive officers, directors and nominees of the Corporation
as a group. Unless otherwise noted, shares are held individually and the percentage of class is less than 1% of the outstanding common stock. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beneficial
ownership of shares of ACNB Corporation common stock is determined in accordance with Securities and Exchange Commission Rule&nbsp;13d-3, which provides that a
person should be credited with the ownership of any stock held, directly or indirectly, through any contract, arrangement, understanding, relationship, or otherwise has or
shares: </FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Voting power, which includes the power to vote or to direct the voting of the stock; or,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Investment power, which includes the power to dispose or direct the disposition of the stock;
or, </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The right to acquire beneficial ownership within sixty (60)&nbsp;days after December&nbsp;31, 2008. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>10</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=15,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=496562,FOLIO='10',FILE='DISK127:[09ZAD1.09ZAD14801]DC14801A.;10',USER='WWASSER',CD='23-MAR-2009;18:25' -->
<UL>
<UL>
</UL>
</UL>
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_de14801_1_11"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise indicated in a footnote appearing below the table, all shares reported in the table below are owned directly and individually by the reporting
person. The number of shares owned by the directors, nominees, and executive officers is rounded to the nearest whole share. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="10" style="font-family:times;"></TD>
<TD WIDTH="252" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="81" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="43" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  COLSPAN=2 ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:79pt;"><FONT SIZE=1><B>Name of Individual or<BR>
Identity of Group

<!-- COMMAND=ADD_SCROPPEDRULE,79pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Amount and Nature of<BR>
Beneficial Ownership<SUP>(1)</SUP> </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Percentage of<BR>
Class </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B><I>Class&nbsp;1 Directors</I></B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ronald L. Hankey</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>22,610</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(2)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James J. Lott</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>3,076</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(3)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Robert W. Miller</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>2,259</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(4)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Marian B. Schultz</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>3,535</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(5)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James E. Williams</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>3,152</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-top:11pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B><I>Class&nbsp;2 Directors</I></B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>John R. Schnitzer</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>500</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Alan J. Stock</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>11,101</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(6)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Jennifer L. Weaver</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>4,602</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(7)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Harry L. Wheeler</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>10,212</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(8)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-top:11pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B><I>Class&nbsp;3 Directors</I></B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Philip P. Asper</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>5,880</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(9)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Frank Elsner, III</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>5,850</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><SUP>(10)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Daniel W. Potts</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>1,050</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Thomas A. Ritter</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>6,920</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;<SUP>(11)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-top:11pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B><I>Named Executive Officers</I></B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Frank C. Russell, Jr.&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>0</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>President&nbsp;&amp; Chief Executive</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Officer of Russell Insurance</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Group,&nbsp;Inc.</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-top:11pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Lynda L. Glass</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><BR>
1,692</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><BR><SUP>(12)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><BR>
&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Executive Vice President</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>&amp; Secretary of</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ACNB Corporation</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-top:11pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>David W. Cathell</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><BR>
8,280</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><BR><SUP>(13)</SUP></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=2><BR>
&#151;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Executive Vice President,</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Treasurer&nbsp;&amp; Chief Financial</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Officer of ACNB Corporation</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD COLSPAN=2 VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-top:11pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>All Officers, Directors and Nominees as a Group<BR>
(13 Directors/Nominees, 5 Officers, 16 persons in total)</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
90,719</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
1.52</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>%</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
securities "beneficially owned" by an individual are determined in accordance with the definitions of "beneficial ownership" set forth in
the General Rules and Regulations of the Securities and Exchange Commission and may include securities owned by or for the individual's spouse and minor children and any other relative who has the
same home, as well as securities to which the individual has or shares voting or investment power, or has the right to acquire beneficial ownership within 60&nbsp;days after December&nbsp;31,
2008. Beneficial ownership may be disclaimed as to certain of the securities.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(2)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 8,364 shares held solely by Mr.&nbsp;Hankey and 14,246 shares held jointly with Mr.&nbsp;Hankey's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(3)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>These
shares are held jointly with Mr.&nbsp;Lott's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(4)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 495 shares held solely by Mr.&nbsp;Miller and 1,764 shares held jointly with Mr.&nbsp;Miller's spouse. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>11</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=16,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=702295,FOLIO='11',FILE='DISK127:[09ZAD1.09ZAD14801]DE14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:28' -->
<A NAME="page_de14801_1_12"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(5)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 771 shares held jointly with Mrs.&nbsp;Schultz's spouse and 2,764 shares held solely by Mrs.&nbsp;Schultz's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(6)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 2,549 shares held solely by Mr.&nbsp;Stock; 2,251 shares held jointly with Mr.&nbsp;Stock's spouse; and, 6,301 shares held
solely by Mr.&nbsp;Stock's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(7)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 1,102 shares held solely by Ms.&nbsp;Weaver and 3,500 shares held solely by Ms.&nbsp;Weaver's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(8)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 7,394 shares held solely by Mr.&nbsp;Wheeler; 1,822 shares held jointly with Mr.&nbsp;Wheeler's spouse; and, 996 shares
held solely by Mr.&nbsp;Wheeler's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(9)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>These
shares are held jointly with Mr.&nbsp;Asper's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(10)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 886 shares held solely by Mr.&nbsp;Elsner and 4,964 shares held jointly with Mr.&nbsp;Elsner's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(11)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 2,193 shares held solely by Mr.&nbsp;Ritter; 1,814 shares held jointly with Mr.&nbsp;Ritter's spouse; and, 2,913 shares
held solely by Mr.&nbsp;Ritter's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(12)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>These
shares are held jointly with Mrs.&nbsp;Glass's spouse.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(13)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Figure
includes 7,278 shares held solely by Mr.&nbsp;Cathell and 1,002 shares held jointly with Mr.&nbsp;Cathell's spouse. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de14801_compensation_and_plan_information"> </A>
<A NAME="toc_de14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  COMPENSATION AND PLAN INFORMATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Compensation of the Board of Directors of ACNB Corporation and Adams County National Bank  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Directors of the Corporation are not compensated for their services. Further, Adams County National Bank does not compensate employee
directors for attendance at Board of Directors meetings or committee meetings. However, in 2008, Adams County National Bank's non-employee directors were compensated for their services
rendered to the Corporation and to Adams County National Bank as follows: </FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>$8,000 annual retainer;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>$375 per Board meeting;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>$175 per hour for committee meetings with a minimum payment of $175;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>$100 for committee chairperson per meeting; and,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>$500 allowance for a half-day seminar plus expenses, if applicable, and $800 allowance for a
full-day seminar plus expenses, if applicable. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>12</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=17,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=288687,FOLIO='12',FILE='DISK127:[09ZAD1.09ZAD14801]DE14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:28' -->
<UL>
<UL>
</UL>
</UL>
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dg14801_1_13"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table summarizes the compensation of directors during 2008: </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="208" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="50" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="62" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="46" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="29" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:21pt;"><FONT SIZE=1><B>Name

<!-- COMMAND=ADD_SCROPPEDRULE,21pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Fees Earned or<BR>
Paid in Cash<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Change in Pension<BR>
Value and<BR>
Nonqualified<BR>
Deferred<BR>
Compensation<BR>
Earnings<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>All Other<BR>
Compensation<BR>
($)<SUP>(1)</SUP> </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Total<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Philip P. Asper</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,956</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>373</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>23,329</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Frank Elsner, III</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>27,356</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>137</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>27,493</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Wayne E. Lau<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>25,456</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,086</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>26,542</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James J. Lott</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>15,619</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>54</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>15,673</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Robert W. Miller</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>17,494</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>168</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>17,662</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Daniel W. Potts</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>21,387</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(3)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>248</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>21,635</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Marian B. Schultz</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>26,744</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>313</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>27,057</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Alan J. Stock</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>27,331</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>166</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>27,497</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Jennifer L. Weaver</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>20,594</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>412</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>21,006</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Harry L. Wheeler</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>23,025</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>841</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>23,866</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>James E. Williams</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,231</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>137</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,368</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Represents
the tax reportable imputed income attributed to the Director Life Insurance Plan.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(2)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Mr.&nbsp;Lau's
term ends at the 2009 Annual Meeting, and he is not nominated for reelection due to the age limitation in the Bylaws.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(3)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
$1,000 received for Board meetings of Russell Insurance Group,&nbsp;Inc. </FONT></DD></DL>


<P style="font-family:times;"><FONT SIZE=2><B> Director Fee Deferral Plan  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In January 2001, Adams County National Bank established a director fee deferral plan. Directors Elsner, Lau, Lott, Miller, Schultz,
Stock, Weaver, Wheeler and Williams participated in 2008. Directors may defer up to 100% of the director's income. Benefits are payable upon termination of service, change of control, and by specific
participant election in accordance with
IRS Code Section&nbsp;409A. The deferred fees earn interest, and the interest and plan expenses are funded by bank-owned life insurance (BOLI). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Director Life Insurance Plan  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Effective January&nbsp;1, 2001, the bank established a director life insurance plan. All non-employee directors are
eligible for the life insurance benefit, subject to medical underwriting acceptance. The plan currently insures eleven (11)&nbsp;directors. The director life insurance benefit of $100,000 per
participating director will be provided through a single premium BOLI program because BOLI is a more cost-efficient way of providing the benefits. The eligible participating directors are
not required to pay any premiums on the life insurance policy, but have the imputed value of the insurance coverage included in their taxable incomes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Executive Compensation  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Compensation Discussion and Analysis  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> <U>Compensation Policy</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The primary objectives of the Compensation Committee are to attract, motivate, reward and retain executives who </FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>maintain the safety and soundness of the Company, </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>13</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=18,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=970080,FOLIO='13',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<A NAME="page_dg14801_1_14"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>
<UL>
</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>sustain and enhance long-term investor value,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>enforce internal controls deemed appropriate by our auditors and regulators, and  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>execute the strategic plans as prioritized by the Board of Directors. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Compensation Committee places considerable value on these factors, as well as the assessment by the Compensation Committee of the executive's ability to execute the strategic plan of
the Company. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Compensation Committee seeks to establish fair compensation policies in order to attract and motivate competent managers whose efforts will enhance the Company's profitability and
growth. The Compensation Committee treats compensation as an evolving process depending on the strategic objectives of the Company, as determined by the Board of Directors at that time. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> <U>The Role of the Executive Officers in Setting Compensation</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Compensation Committee sets the compensation for the Chairman of the Board, the President&nbsp;&amp; Chief Executive Officer, and the
Executive Vice President&nbsp;&amp; Chief Operating Officer of Adams County National Bank. The Compensation Committee has in the past delegated to the President&nbsp;&amp; Chief Executive Officer the
responsibility of reviewing and setting the compensation level for the Executive Vice President, Cashier&nbsp;&amp; Chief Financial Officer of Adams County National Bank. Beginning with the setting of
compensation for 2010, the Compensation Committee will perform this responsibility for both Executive Vice Presidents who also serve as officers of ACNB Corporation.
The Board of Directors of Russell Insurance Group,&nbsp;Inc., a subsidiary, sets the compensation for the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
President&nbsp;&amp; Chief Executive Officer proposes increases in compensation for the Executive Vice President&nbsp;&amp; Chief Operating Officer based upon his subjective analysis of
her contribution to the Company's strategic goals and objectives. In determining whether strategic goals have been achieved, the President&nbsp;&amp; Chief Executive Officer considers numerous factors,
such as the Company's performance and nonquantitative measures such as her leadership abilities and overall work performance. The President&nbsp;&amp; Chief Executive Officer does not set specific
numeric performance targets, but looks at these items holistically in determining the amount of any merit increase in base salary. Although the President&nbsp;&amp; Chief Executive Officer makes a
recommendation, the Compensation Committee makes the final compensation decision. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;After
consultation with the President&nbsp;&amp; Chief Executive Officer, the Board of Directors of Russell Insurance Group,&nbsp;Inc. sets the compensation for the President&nbsp;&amp;
Chief Executive Officer of Russell Insurance Group,&nbsp;Inc. The amount and forms of compensation awarded the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc. are
based upon contract negotiations, the past performance of Russell Insurance Group,&nbsp;Inc., and the role that the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc.
performs in the highly relationship-oriented industry of insurance sales. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
President&nbsp;&amp; Chief Executive Officer and the Chairman of the Board do not set or participate in the determination process of their respective annual base salaries, and are not
present when their respective compensation is discussed by the Compensation Committee or discussed and approved by the Board of Directors. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> <U>The Role of a Consultant in Setting Compensation</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For compensation awarded in the year 2008, the Compensation Committee did not use a consultant in determining or recommending specific
awards of compensation; however, the </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>14</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=19,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=6787,FOLIO='14',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<A NAME="page_dg14801_1_15"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>Compensation
Committee reviewed information from various sources, as explained below, as background material as to the current trends in executive compensation. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company participates in an annual survey and receives the results of the survey from L. R. Webber Associates,&nbsp;Inc., a compensation consultant. The human resources manager of
the Company's
bank subsidiary interacts with the compensation consultant and forwards the results of the survey to the Compensation Committee for review. The survey includes general compensation information and
salary ranges for executives of financial institutions throughout Pennsylvania. The survey is not used to benchmark any executive compensation to any specific financial institution or group of
financial institutions, but is only used as an educational source as to the current trends in compensation at Pennsylvania financial institutions. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Compensation Committee also reviews a summary of information retrieved from proxy material of other financial institutions in an effort to become more versed in the form of
compensation awarded to executives at financial institutions and reviews educational material regarding executive compensation provided at various seminars or conferences attended by Compensation
Committee members throughout the year. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> <U>Benchmarking</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company does not benchmark its compensation policies against any specific financial institution or group of financial institutions.
The Company does review public information and other compensation information, such as information provided at compensation conferences, in an effort to educate itself regarding appropriate forms and
methods of determining compensation. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> <U>Components of Compensation</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;While the specific amount of compensation provided to our executives may differ, the components of compensation are generally the same
for our Named Executive Officers. The Company's executive compensation and benefits package consists primarily of base salary, retirement plans, and employee health and welfare benefit plans. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><U>Base Salary</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Compensation Committee believes that base salary should be the primary component of compensation. Fixed compensation provides the executive with the
security of knowing that the majority of his or her compensation is not tied to market fluctuations. The amount of base salary is designed to attract and retain Named Executive Officers who can
further the strategic
objectives of the Company. In determining base salary, the Compensation Committee does not take into consideration any other forms of compensation which are and which may not be offered to the Named
Executive Officers. The Compensation Committee believes that by providing compensation without delay in the form of base salaries, it will successfully further the Company's goals. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Base
salaries for our Named Executive Officers are established based upon their responsibilities, longevity with the Company, and key Company performance measures including profitability
and growth. The Compensation Committee does not assign specific quantitative measures to profitability and growth or performance targets, but uses its business judgment to determine if the Company's
profitability and growth were sufficient given the particular circumstances of the past year. Named Executive Officers are expected to assist the Company in sustaining and enhancing
long-term investor value by maintaining the safety and soundness of the Company, enforcing internal controls deemed appropriate by our auditors and regulators, and executing the strategic
plans as prioritized by the Board of Directors. A Named Executive Officer's capacity to perform these tasks and achievement of these tasks are taken into consideration in determining whether the Named
Executive Officer has performed as expected or has had outstanding performance. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>15</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=20,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=646816,FOLIO='15',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<A NAME="page_dg14801_1_16"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Bonus Awards</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company does not have a formalized bonus plan for all Named Executive Officers. The President&nbsp;&amp; Chief Executive Officer of Russell Insurance
Group,&nbsp;Inc. is the only Named Executive Officer who has a formulized bonus structure which is included in his employment agreement. Given that his position includes marketing and sales, the
Board of Directors of Russell Insurance Group,&nbsp;Inc. believed that offering him a formulized bonus will increase the profitability of the subsidiary, and therefore the Company, because it
incents him to ensure that Russell Insurance Group,&nbsp;Inc. exceeds $1&nbsp;million in pre-tax profits in a calendar year. Under the bonus structure, he will receive a bonus of five
percent (5%) of the pre-tax income (based on historical agency accounting system) earned by Russell Insurance Group,&nbsp;Inc. during the preceding calendar year, provided that actual
pre-tax profits for that year exceed $1&nbsp;million. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company may authorize discretionary bonus awards for the purpose of rewarding exceptional effort and performance. The Company has not set forth specific criteria for awarding
bonuses, but treats each year's performance on a case-by-case basis and uses its experience and business judgment when determining whether a bonus is appropriate. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company provides a holiday bonus annually to employees of the bank subsidiary. Generally, and for the year 2008, the bonus was one percent (1%) of the employee's regular earnings.
This discretionary bonus is intended to reward employees for their service throughout the year. As the discretionary bonus is awarded to all eligible employees, the amount of the bonus is not taken
into account when determining executive compensation. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Retirement Plans</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Compensation Committee believes that retirement benefits are another important way to provide long-term financial security to employees, thus
encouraging longevity and a low employee turnover rate. As the defined benefit plan and 401(k) plan are tax qualified retirement plans, the Company's retirement plans are not tied to Company or
individual performance. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> Defined Benefit Plan  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's subsidiary, Adams County National Bank, maintains a defined benefit plan which is available to all eligible employees.
The plan provides a prospective benefit commencing at age sixty-five (65)&nbsp;for the employee's lifetime. If an employee has completed thirty (30)&nbsp;or more years of service, the
employee is eligible to retire at age sixty-two (62)&nbsp;and receive full benefits. The plan contains a five (5)&nbsp;year vesting provision to ensure that the plan rewards employees
for longevity. The amount paid under the plan is based upon a formula, prescribed by the Internal Revenue Code, outlined in the plan and which is applicable to all Adams County National Bank
employees. The defined benefit plan is a very effective tool for employee retention and for providing long-term incentive compensation. All Named Executive Officers, with the exception of
the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc., are employees of Adams County National Bank and are eligible to participate in the plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> 401(k) Plan  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Both Adams County National Bank and Russell Insurance Group,&nbsp;Inc. maintain a 401(k) plan which allows employees to save their
own money for retirement, to earn a matching contribution from the Company, and to direct the investment of all funds in the 401(k) plan. The percentage of match contributed to the Named Executive
Officer's account is the same as contributed to all other eligible employees in each plan and is prescribed by the Internal Revenue Code. These plans are viewed as a necessity to successfully hire and
retain employees in a competitive marketplace. All Named Executive Officers participate in Adams County National Bank's 401(k) plan, except the President&nbsp;&amp; Chief </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>16</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=21,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=805814,FOLIO='16',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<A NAME="page_dg14801_1_17"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>Executive
Officer of Russell Insurance Group,&nbsp;Inc. who participates in Russell Insurance Group,&nbsp;Inc.'s 401(k) plan. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I> Supplemental Executive Retirement Plan  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company provides a supplemental executive retirement plan (SERP) to certain executives, including the Chairman of the Board, the
President&nbsp;&amp; Chief Executive Officer, and the Executive Vice President&nbsp;&amp; Chief Operating Officer. The SERPs are designed to account for some of the limitations with traditional pension
plans, and are intended to provide essential executive officers with an incentive to remain with the Company until retirement as opposed to terminating employment before retirement to work for a
competitor. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
rationale behind implementing SERPs is to encourage the executive to remain with the Company until retirement. The triggering events for payment under the SERP agreements are
reaching retirement age as determined in the SERP agreement, death, a termination after a change in control, or early retirement. Benefit amounts for early retirement will be determined by the
individual's number of years of service encouraging longevity with the Company. The SERP provides no current remuneration to the applicable Named Executive Officers and, therefore, is not taken into
consideration when determining base salary. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Health and Welfare Plans</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Health
and welfare plans are not tied to Company or individual performance. The costs of providing such benefits to all eligible employees are not taken into
account when determining specific salaries of the Named Executive Officers and are seen as a cost of doing business. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> Insurance Plans  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Group life insurance, group disability, vision benefits, and health insurance are available to all eligible employees. Such plans are
standard in the industry and in the geographic area for all industries, as well as necessary to compete for talented employees at all levels of the Company. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I> Executive Supplemental Life Insurance  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company's executive supplemental life insurance plan provides a split-dollar share of death benefits to the Named Executive
Officer's beneficiary, depending upon the Named Executive Officer's eligibility to receive payments. The plan is funded with bank-owned life insurance (BOLI) and is used to provide an
additional benefit to certain executives, including the Named Executive Officers, with a minimal cost to the Company. Split-dollar life insurance plans are widely available in the banking industry,
because the Company will recover its plan costs upon the death of the Named Executive Officer and the Named Executive Officer's beneficiary will receive a split of the insurance proceeds. Although
this benefit does not provide any current remuneration to the Named Executive Officer, it provides further incentive for longevity with the Company as it provides the executive the ability to provide
some benefit to his or her family after his or her death. As the Company will recover its plan costs, the cost of the plan is not taken into consideration when determining base salary. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> Executive Long-Term Care Insurance  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company provides executive long-term care insurance to certain executives, including the Named Executive Officers. The
cost of providing this benefit is offset by interest earned on bank-owned life insurance (BOLI) on the life of the Named Executive Officer. Long-term care insurance is seen as
an additional benefit used to attract and retain competent executives at minimal </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>17</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=22,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=947176,FOLIO='17',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<A NAME="page_dg14801_1_18"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>cost;
therefore, the cost of the plan is not taken into consideration when determining base salary or other benefits. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><U>Perquisites</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company provides either a company-owned or company-leased vehicle to the President&nbsp;&amp; Chief Executive Officer of the Company and to the
President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc. The provision of a Company vehicle to these individuals is a traditional and expected benefit in the financial
services industry. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Equity Compensation</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company does not currently maintain any programs of equity compensation; however, it reviews and discusses current trends in equity compensation. As a
result, the Board of Directors is currently requesting shareholder approval and ratification of a restricted stock plan in order to align the interests of directors and executive officers with those
of the shareholders. The price volatility inherent in any form of performance based equity compensation is the main reason why other forms of compensation have been relied upon in the past. Going
forward, the Company believes that the major component of compensation should be base salary accompanied by enhanced retirement, insurance, and equity compensation plans. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has not instituted an equity ownership requirement for its Named Executive Officers. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> <U>Employment Agreements</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company and one of its subsidiaries have entered into employment agreements with the President&nbsp;&amp; Chief Executive Officer and
the Executive Vice President&nbsp;&amp; Chief Operating Officer of Adams County National Bank, as well as the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Triggering Events</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
employment agreements with the President&nbsp;&amp; Chief Executive Officer and the Executive Vice President&nbsp;&amp; Chief Operating Officer are similar and
any difference is in payment amounts which are adjusted given their respective role in the Company and the current trends in the financial services industry. In determining the triggering events in
these agreements, the Company used triggering events which are traditional and prevalent in the industry. The contracts are designed to compensate the Named Executive Officer if the Named Executive
Officer is terminated without cause, is terminated after a change in control, or terminates employment for good reason. As the agreements are three (3)&nbsp;years in duration and as the executive
has agreed to noncompetition provisions in the agreement, the Company believes that it is only appropriate that if the executive is terminated without cause or if the Company imposes a condition of
employment upon the executive which would be considered a good reason for the executive to terminate employment under the agreement (in effect, if the Company breaches the agreement), then the
executive should be paid the predetermined amount as damages as a result of the Company violating the employment agreement. Alternatively, if the Company undergoes a change in control and as a result
the executive's employment is terminated by either the executive or the successor company, the Company believes that it is in the best interests of the shareholders to provide the executive with
security in order to ensure that decisions regarding potential changes in control are made in the best interests of the shareholders and that personal concerns regarding subsequent employment are
minimized. The contracts give the Named Executive Officer the security of knowing that if he or she is terminated in one of those scenarios that he or she will receive some form of compensation during
the transition phase from working for the Company to finding another </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>18</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=23,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=4868,FOLIO='18',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<A NAME="page_dg14801_1_19"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>position.
In addition, the contracts contain a noncompetition provision, whereby the Named Executive Officer is not allowed to compete with the Company or solicit customers or employees of the Company
for a specific period of time. The time period in which the Named Executive Officer receives compensation is related to the time period that the noncompetition provision is in effect. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
three (3)&nbsp;year contract for the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc. contains a payment trigger if his employment agreement is
terminated without cause or he terminates employment for good reason. Therefore, if he terminates employment without good reason, he will not receive any payment. If there is a change in control, he
will only receive a payment if a subsequent termination of employment meets the definition of a termination without cause or a voluntary termination for good reason. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Vesting</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Given
the number of years which the respective Named Executive Officers have worked for the Company or a subsidiary, the Compensation Committee did not feel
that it was necessary to attach any additional vesting requirements upon the Named Executive Officers' employment agreements. In addition, the most recent agreements for the President&nbsp;&amp; Chief
Executive Officer and the Executive Vice President&nbsp;&amp; Chief Operating Officer of Adams County National Bank and the President&nbsp;&amp; Chief Executive Officer of Russell Insurance
Group,&nbsp;Inc. replaced previous agreements which did not contain vesting requirements. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><U>Accounting and Tax Treatments</U> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the case that one of the events which trigger a payment under the Adams County National Bank employment agreements occurs and a payment is made, if the
payment is subject to the Internal Revenue Code 280G penalty, then the Named Executive Officer will receive compensation in a gross-up amount whereby the Named Executive Officer will
receive an amount necessary such that, after taxes, the Named Executive Officer will receive what he or she is entitled to under the agreement. The gross-up provision is common in
employment agreements given to Named Executive Officers at Pennsylvania community banks and is intended to make the Named Executive Officer whole again. The gross-up amount is not taken
into consideration when determining annual base salary or other annual compensation awards, but was taken into account when determining the amount of each triggering event in the respective contract. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> <U>Material Differences in Compensation Awarded to Each Named Executive Officer</U>  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Named Executive Officers receive base salaries commensurate with their positions and responsibilities and with the Named Executive
Officer's past performance as determined by the Compensation Committee using their business judgment. The amount of net income
generated by Russell Insurance Group,&nbsp;Inc. is also taken into consideration when determining the President&nbsp;&amp; Chief Executive Officer of Russell Insurance Group,&nbsp;Inc.'s base salary
and bonus which is based upon a formula included in his employment agreement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
Named Executive Officers receive a base salary, access to a 401(k) plan, and health and welfare plans. All Named Executive Officers, with the exception of the President&nbsp;&amp;
Chief Executive Officer of Russell Insurance Group,&nbsp;Inc., receive the discretionary bonus given to eligible employees and eligibility to participate in the pension plan. The Chairman of the
Board, the President&nbsp;&amp; Chief Executive Officer, and the Executive Vice President&nbsp;&amp; Chief Operating Officer are the only Named Executive Officers who currently have a supplemental
executive retirement plan, and considering their positions the Compensation Committee believes that this is appropriate. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>19</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=24,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=114715,FOLIO='19',FILE='DISK127:[09ZAD1.09ZAD14801]DG14801A.;13',USER='CARIASB',CD='24-MAR-2009;09:37' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_di14801_1_20"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="di14801_compensation_committee_report"> </A>
<A NAME="toc_di14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  COMPENSATION COMMITTEE REPORT    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Compensation Committee has reviewed and discussed the Compensation Discussion and Analysis with management, and based on the review
and discussions, the Compensation Committee recommended to the Board of Directors that the Compensation Discussion and Analysis be included in ACNB Corporation's proxy statement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
report is furnished by the Compensation Committee. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>Wayne E. Lau, Chairperson<BR>
Philip P. Asper<BR>
Frank Elsner, III<BR>
Marian B. Schultz<BR>
Jennifer L. Weaver<BR>
Harry L. Wheeler<BR>
James E. Williams</I></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="di14801_executive_compensation_and_employee_benefits"> </A>
<A NAME="toc_di14801_2"> </A>
<BR></FONT><FONT SIZE=2><B>  EXECUTIVE COMPENSATION AND EMPLOYEE BENEFITS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Summary Compensation Table  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table summarizes the total compensation for 2008, 2007 and 2006 for Thomas&nbsp;A. Ritter, the Corporation's
President&nbsp;&amp; Chief Executive Officer; David&nbsp;W. Cathell, the Corporation's Executive Vice President, Treasurer&nbsp;&amp; Chief Financial Officer; and, the three other most highly
compensated persons who were serving as executive officers at the end of 2008. These individuals are referred to as the Named Executive Officers. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="10" style="font-family:times;"></TD>
<TD WIDTH="166" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="16" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="34" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="29" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="46" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="46" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="34" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  COLSPAN=2 ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:102pt;"><FONT SIZE=1><B>Name and Principal Position

<!-- COMMAND=ADD_SCROPPEDRULE,102pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Year </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Salary<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Bonus<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Change in<BR>
Pension<BR>
Value and<BR>
Nonqualified<BR>
Deferred<BR>
Compensation<BR>
Earnings<BR>
($)<SUP>(1)</SUP> </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>All Other<BR>
Compensation<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Total<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Ronald&nbsp;L. Hankey</B></FONT><FONT SIZE=2>,</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>47,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,470</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>48,772</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(2)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>101,242</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Chairman of the Corporation<SUP>(17)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>45,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>4,450</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>46,438</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(3)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>95,888</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


</FONT>
</TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>39,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>390</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>45,872</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(4)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>85,262</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:6pt;text-indent:-6pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>Thomas A. Ritter</B></FONT><FONT SIZE=2>,</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>235,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>14,850</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>37,728</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>46,399</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(5)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>333,977</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>President&nbsp;&amp; Chief Executive</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>225,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>7,250</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>81,945</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>45,540</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(6)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>359,735</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Officer of the Corporation<SUP>(17)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>213,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,130</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>69,781</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>43,056</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(7)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>327,967</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:6pt;text-indent:-6pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Lynda L. Glass</B></FONT><FONT SIZE=2>,</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>182,485</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>10,892</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>30,475</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>10,970</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(8)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>234,822</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Executive Vice President</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>167,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,670</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>45,287</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>11,720</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(9)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>229,627</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>



<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 &amp; Secretary of the Corporation<SUP>(18)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>154,679</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,547</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>25,656</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>8,998</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(10)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>190,880</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:6pt;text-indent:-6pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>Frank C. Russell, Jr.</B></FONT><FONT SIZE=2>,</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>300,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>79,132</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,316</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(11)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>384,448</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>President &amp; Chief Executive</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>200,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>67,881</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,190</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(12)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>271,071</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Officer of Russell Insurance</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>200,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>64,978</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,500</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(13)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>267,478</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Group, Inc.</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=1>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD COLSPAN=2 style="font-family:times;"><p style="font-family:times;margin-left:6pt;text-indent:-6pt;"><FONT SIZE=1> </FONT><FONT SIZE=2><B>



<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 David W. Cathell</B></FONT><FONT SIZE=2>,</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2008</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>131,731</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>7,500</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>9,829</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,910</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(14)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>154,970</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Executive Vice President,</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2007</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>110,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,100</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>7,280</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>4,444</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(15)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>122,824</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Treasurer&nbsp;&amp; Chief Financial</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2006</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>97,308</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>4,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,754</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,160</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><SUP>(16)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>109,222</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=0>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Officer of the Corporation<SUP>(19)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The
amounts shown represent the aggregate actuarial increase in the present value of the Named Executive Officer's benefits under the pension
plan and supplemental executive retirement plan agreements. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>20</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=25,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=673777,FOLIO='20',FILE='DISK127:[09ZAD1.09ZAD14801]DI14801A.;20',USER='CARIASB',CD='24-MAR-2009;09:38' -->
<A NAME="page_di14801_1_21"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(2)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $2,099, deferred compensation payments under his SERP of $42,996, and supplemental life
insurance premiums of $3,677.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(3)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $1,978, deferred compensation payments under his SERP of $42,996, and supplemental life
insurance premiums of $1,464.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(4)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $1,576, deferred compensation payments under his SERP of $42,996, and supplemental life
insurance premiums of $1,300.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(5)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $9,200, deferred compensation accruals under his SERP of $34,936, supplemental life
insurance premiums of $960, and personal use of company car of $1,303.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(6)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $9,000, deferred compensation accruals under his SERP of $34,938, supplemental life
insurance premiums of $464, and personal use of company car of $1,138.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(7)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $8,605, deferred compensation accruals under his SERP of $33,484, supplemental life
insurance premiums of $399, and personal use of company car of $568.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(8)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $7,735, deferred compensation accruals under her SERP of $2,859, and supplemental life
insurance premiums of $376.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(9)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $6,907, deferred compensation accruals under her SERP of $4,671, and supplemental life
insurance premiums of $142.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(10)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $6,249, deferred compensation accruals under her SERP of $2,627, and supplemental life
insurance premiums of $122.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(11)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $5,316.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(12)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $3,190.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(13)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $2,500.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(14)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $5,569 and supplemental life insurance premiums of $341.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(15)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $4,444.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(16)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Includes
401(k) plan employer matching contribution of $2,160.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(17)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>For
additional information regarding service to the Corporation and its subsidiaries, see "Information as to Nominees and Directors".
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(18)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Also
serves as Executive Vice President&nbsp;&amp; Chief Operating Officer for Adams County National Bank and Vice President&nbsp;&amp; Secretary
for Russell Insurance Group,&nbsp;Inc.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><SUP>(19)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Also
serves as Executive Vice President, Cashier&nbsp;&amp; Chief Financial Officer for Adams County National Bank and Vice President&nbsp;&amp;
Treasurer for Russell Insurance Group,&nbsp;Inc. </FONT></DD></DL>

<P style="font-family:times;"><FONT SIZE=2><B><I> Equity Compensation  </I></B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Corporation does not maintain any equity compensation plans (i.e.,&nbsp;stock option or restricted stock award plans) for
employees or directors at the current time. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>21</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=26,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=887485,FOLIO='21',FILE='DISK127:[09ZAD1.09ZAD14801]DI14801A.;20',USER='CARIASB',CD='24-MAR-2009;09:38' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dk14801_1_22"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Management Supplemental Life Insurance Plan  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In January 2001, Adams County National Bank implemented a supplemental life insurance plan for certain officers of the bank to provide
death benefits for each officer's designated beneficiaries. Beneficiaries designated by an officer are entitled to a split dollar share of the death proceeds from the life insurance policies on each
officer which vary depending on the officer's age at death, employment status with the bank at the time of death, and eligibility to receive payments. The plan is unsecured and unfunded, and there are
no plan assets. The bank has purchased single premium bank-owned life insurance (BOLI) policies on the lives of the officers and intends to use income from the BOLI policies to offset the
plan benefit expenses. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> 401(k) Retirement Plan  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adams County National Bank maintains a defined contribution profit-sharing 401(k) plan. Adams County National Bank is the plan sponsor
and plan administrator. The
plan is subject to certain laws and regulations under the Internal Revenue Code, and participants are entitled to certain rights and protection under the Employee Retirement Income Security Act of
1974. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;An
employee is eligible to participate in the plan after working for six (6)&nbsp;months and attaining the age of twenty (20)&nbsp;years and six (6)&nbsp;months. An eligible
employee is automatically enrolled in the 401(k) plan, and the bank will automatically withhold 4% of the employee's wages unless otherwise directed. Adams County National Bank matches a percentage of
the employee's contribution. In 2008, Adams County National Bank's contribution equaled 100% of the employee's contribution up to a maximum of 4% of earned compensation. Effective January&nbsp;1,
2000, Adams County National Bank adopted a "safe harbor" provision for its 401(k) plan, which vests eligible contributions immediately upon entering the plan for both employer and employee
contributions. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Group Term Life Insurance Plan  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adams County National Bank maintains a group term life insurance plan. All full-time bank employees are eligible to
participate in the plan. The insurance benefit for employees is calculated as two (2)&nbsp;times salary, with a maximum of $100,000. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Defined Benefit Pension Plan  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The employees of Adams County National Bank are covered under the bank's Group Pension Plan for Employees. The plan is a defined
benefit pension plan under the Employee Retirement Income Security Act of 1974. The plan was restated November&nbsp;1, 1998, effective January&nbsp;1, 1999, and subsequently amended effective
November&nbsp;1, 2000. Adams County National Bank is the plan administrator. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts
are set aside each year to fund the plan on the basis of actuarial calculations. The amount of contribution to a defined pension plan on behalf of a specific employee cannot be
separately or individually calculated. The total pension expense in 2008 for Adams County National Bank's plan was $88,000. The contribution to the plan made by the bank on behalf of all employees in
2008 was $1,250,000. This contribution was sufficient to meet the legal minimum funding requirements. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
eligible employee of Adams County National Bank who attains the age of twenty (20)&nbsp;years and six (6)&nbsp;months and who completes one (1)&nbsp;year of service, in which
1,000&nbsp;hours are worked, is eligible to participate in the plan on the following anniversary of the plan. The plan generally provides for a prospective benefit at the age of
sixty-five (65)&nbsp;years for the employee's remaining lifetime with payments certain for five (5)&nbsp;years, calculated as follows: 1% of final average compensation below the
applicable Social Security Covered Compensation and 1.3% of such earnings above the covered compensation, the total being multiplied by years of credited service up to a maximum of
forty-five </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>22</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=27,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=906155,FOLIO='22',FILE='DISK127:[09ZAD1.09ZAD14801]DK14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:43' -->
<A NAME="page_dk14801_1_23"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>(45)&nbsp;years
of credited service. The minimum benefit is the amount an employee accrued as of October&nbsp;31, 1998. If an employee has completed thirty (30)&nbsp;or more years of vested
service, he or she is eligible to retire at age sixty-two (62)&nbsp;with no reduction applied to his or her benefit. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> Supplemental Executive Retirement Plans  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Adams County National Bank entered into retirement income agreements with certain executive officers of Adams County National Bank to
provide supplemental retirement income benefits to these officers when they reach their normal retirement date. The benefits are payable in 180 equal monthly installments. Benefits are also payable
upon change in control or death. Benefit amounts will be determined by the individual's number of years of service and compensation at retirement age. Benefits accrue annually, but may be reduced if
termination of service occurs before the normal retirement date. Estimated liability under the agreements is accrued as earned by the employee. Adams County National Bank is the owner and beneficiary
of life insurance policies on each officer that, at December&nbsp;31, 2008, had an aggregate cash value of approximately $3,915,000. Adams County National Bank purchased these policies to fund the
retirement income agreements entered into with these individuals. Further information with respect to these agreements is set forth in the Notes to Consolidated Financial Statements contained in ACNB
Corporation's 2008 Annual Report on Form&nbsp;10-K. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B><I> Pension Benefits Table  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table summarizes the pension benefits which have accumulated and paid to each of the eligible Named Executive Officers
during 2008. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="128" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="106" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="55" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="54" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="57" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:21pt;"><FONT SIZE=1><B>Name

<!-- COMMAND=ADD_SCROPPEDRULE,21pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Plan Name </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Number of Years<BR>
Credited Service<BR>
(#) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Present Value of<BR>
Accumulated<BR>
Benefit<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Payments During<BR>
Last Fiscal Year<BR>
($) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Ronald L. Hankey</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Pension Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>51</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,134,697</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>102,071</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


</FONT>
</TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Supplemental Executive</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>12</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>259,091</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>42,996</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Retirement Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Thomas A. Ritter</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p align=left style="font-family:times;margin-top:12pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Pension Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
9</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2><BR>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
157,762</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2><BR>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Supplemental Executive</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>7</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>261,524</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Retirement Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


 Lynda L. Glass</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p align=left style="font-family:times;margin-top:12pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Pension Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
24</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2><BR>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
246,523</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2><BR>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


</FONT>
</TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Supplemental Executive</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>12</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>32,590</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#CCEEFF" -->


</FONT>
</TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Retirement Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-top:12pt;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>David W. Cathell</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><p align=left style="font-family:times;margin-top:12pt;margin-left:0pt;text-indent:0pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Pension Plan</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2><BR>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
25,472</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2><BR>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><BR>
0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2><B><I> Employment Agreements  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On July&nbsp;3, 2006, the Corporation and bank entered into Employment Agreements (the "Agreements") with Thomas A. Ritter,
President&nbsp;&amp; Chief Executive Officer of the Corporation and bank, and Lynda L. Glass, Executive Vice President&nbsp;&amp; Secretary of the Corporation and Executive Vice President&nbsp;&amp; Chief
Operating Officer of the bank (together the "Executives"). The Executives will be eligible for bonuses, paid time off, participation in employee benefit plans, and reimbursement of business expenses.
Further, Mr.&nbsp;Ritter receives a company vehicle provided by the Corporation. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
initial terms of the Agreements are three years which automatically extend for an additional one year period on each annual anniversary date of the Agreements, unless notice is given
180&nbsp;days prior to the anniversary date. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>23</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=28,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=188100,FOLIO='23',FILE='DISK127:[09ZAD1.09ZAD14801]DK14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:43' -->
<A NAME="page_dk14801_1_24"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agreements automatically terminate if the Executives are terminated for "Cause", as defined in the Agreements, and all rights under the Agreements will terminate with the exception
of the arbitration clause. The Agreements automatically terminate if the Executives terminate their employment for "Good Reason", as defined in the Agreements. If the Agreements terminate for
"Good Reason", the Executives will receive the greater of (1)&nbsp;the compensation due for the remainder of the Agreements' terms or (2)&nbsp;in the case of Mr.&nbsp;Ritter two times his salary
and benefits for two years and in the case of Ms.&nbsp;Glass one times her salary and benefits for one year. The Agreements automatically terminate upon the Executives' disability, as defined in the
Agreements, and the Executives will receive employee benefits and 75% of their compensation until (1)&nbsp;they return to work, (2)&nbsp;reach age 65, (3)&nbsp;die, or (4)&nbsp;the employment
period under the Agreements ends. The Agreements automatically terminate if the Executives voluntarily terminate the Agreements. If the Executives give notice within 180&nbsp;days of a "Change in
Control", as defined in the Agreements, or the Executives' employment is terminated involuntarily, the Executives are entitled to 2.99 times the Executives' then current compensation
"grossed-up" and to continue to receive benefits for two years. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Agreements contain restrictive covenants precluding the Executives from engaging in competitive activities in a certain area and provisions preventing the Executives from disclosing
proprietary information about the Corporation and bank. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
Agreements were amended effective December&nbsp;31, 2008, for compliance with Section&nbsp;409A of the Internal Revenue Code. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dk14801_potential_payments_upo__dk102385"> </A>
<A NAME="toc_dk14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Ritter and Ms.&nbsp;Glass have entered into employment agreements with the Corporation which govern any payments upon
termination or change in control. If on December&nbsp;31, 2008, Mr.&nbsp;Ritter terminated his employment for "Good Reason", as defined in the employment agreement, he would receive three
(3)&nbsp;times his annual salary in twenty-four (24)&nbsp;monthly payments plus benefits for twenty-four (24)&nbsp;months. Ms.&nbsp;Glass would be entitled to receive
three (3)&nbsp;times her annual salary in twelve (12)&nbsp;monthly payments, plus benefits for twelve (12)&nbsp;months, if she terminated employment for "Good Reason" on December&nbsp;31,
2008. If Mr.&nbsp;Ritter or Ms.&nbsp;Glass terminates employment after a "Change in Control", as defined in the respective employment agreements, then he or she will be entitled to a lump sum of
2.99 times his or her respective annual salary plus benefits for two (2)&nbsp;years following termination. If the Corporation terminates the Named Executive Officer's employment without "Cause",
then the respective Named Executive Officer will receive thirty-six (36)&nbsp;monthly payments in an amount equal to 2.99 times his or her respective annual salary plus benefits for two
(2)&nbsp;years. Payments pursuant to a "Change in Control" or termination without "Cause" or for "Good Reason" will be grossed-up to accommodate for any excess tax imposed on the
payments. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Both
employment agreements contain noncompetition, nonsolicitation, and confidentiality provisions. If the Corporation terminates the Named Executive Officer's employment without "Cause"
or if the Named Executive Officer terminates employment with "Good Reason" or after a "Change in Control", then the noncompetition and nonsolicitation provisions continue for two (2)&nbsp;years
after the termination
of employment. If the Named Executive Officer's employment is terminated by the Corporation for "Cause" or if the Named Executive Officer terminates employment voluntarily without "Good Reason", then
the noncompetition and nonsolicitation provisions continue for one (1)&nbsp;year after termination of employment. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
a "Change in Control", Mr.&nbsp;Ritter and Ms.&nbsp;Glass will become vested in the retirement benefits under the supplemental executive retirement plan agreement. If
Mr.&nbsp;Ritter or Ms.&nbsp;Glass is terminated without "Cause", as defined in the respective supplemental executive retirement plan agreement, then he or she will be entitled to an early
termination benefit in an amount determined based upon the year in which such termination occurs. If Mr.&nbsp;Ritter or Ms.&nbsp;Glass is terminated for </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>24</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=29,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=714143,FOLIO='24',FILE='DISK127:[09ZAD1.09ZAD14801]DK14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:43' -->
<A NAME="page_dk14801_1_25"> </A>


<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>"Cause",
then no payments are required to be made to the respective executive. The supplemental executive retirement plan agreement contains a noncompetition provision which restricts the Named
Executive Officer's ability to compete and solicit customers. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
any termination of employment, the respective Named Executive Officer will be entitled to receive normal retirement benefits equal to an amount determined by an actuarial formula as
described in the pension plan. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I> Ronald L. Hankey  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table shows the potential payments upon termination or change in control of the Corporation for Ronald L. Hankey. The
chart assumes the triggering events took place on December&nbsp;31, 2008. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="99" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="31" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="27" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:44pt;"><FONT SIZE=1><B>Executive<BR>
Benefits and<BR>
Payments<BR>
Upon<BR>
Separation

<!-- COMMAND=ADD_SCROPPEDRULE,44pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Early<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Normal<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Involuntary<BR>
Not For<BR>
Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>For Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntaryp<BR>
for Good<BR>
Reason<BR>
Termination<BR>
(Change in<BR>
Control) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Disability </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Death </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Supplemental Executive<BR>
Life Insurance</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>425,500</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mr.&nbsp;Hankey is currently receiving an annual payment of $42,996 under his supplemental executive retirement plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> Thomas A. Ritter  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table shows the potential payments upon termination or change in control of the Corporation for Thomas A. Ritter. The
chart assumes the triggering events took place on December&nbsp;31, 2008. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="63" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="27" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="31" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="27" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:44pt;"><FONT SIZE=1><B>Executive<BR>
Benefits and<BR>
Payments<BR>
Upon<BR>
Separation

<!-- COMMAND=ADD_SCROPPEDRULE,44pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Early<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Normal<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Involuntary<BR>
Not For<BR>
Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>For Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
for Good<BR>
Reason<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Change in<BR>
Control </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Disability </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Death </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Supplemental Executive Retirement Plan<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>74,958</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>74,958</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>121,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>74,958</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>74,958</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>121,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>121,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Supplemental Executive Life Insurance</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>470,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Severance Under Employment Agreement<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>726,797</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(3)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>729,228</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(4)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>726,797</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(5)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>182,308</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(6)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Accrued Leave</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>37,510</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Health and Welfare Benefits</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>821</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>34,037</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>34,037</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>34,037</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>42,547</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Annual
amount paid in twelve (12)&nbsp;equal monthly installments for 180&nbsp;months.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(2)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>The
amounts will be grossed-up to account for any excise taxes.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(3)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Payable
in thirty-six (36)&nbsp;equal monthly installments.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(4)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Payable
in twenty-four (24)&nbsp;equal monthly installments.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(5)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Lump
sum.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(6)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Annual
amount paid in monthly installments. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>25</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=30,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=297540,FOLIO='25',FILE='DISK127:[09ZAD1.09ZAD14801]DK14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:43' -->
<A NAME="page_dk14801_1_26"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> Lynda L. Glass  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table shows the potential payments upon termination or change in control of the Corporation for Lynda L. Glass. The chart
assumes the triggering events took place on December&nbsp;31, 2008. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="57" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="33" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="31" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="27" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:44pt;"><FONT SIZE=1><B>Executive<BR>
Benefits and<BR>
Payments<BR>
Upon<BR>
Separation

<!-- COMMAND=ADD_SCROPPEDRULE,44pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Early<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Normal<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Involuntary<BR>
Not For<BR>
Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>For Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
for Good<BR>
Reason<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Change in<BR>
Control </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Disability </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Death </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Supplemental Executive Retirement Plan<SUP>(1)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>14,479</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>14,479</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>24,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>14,479</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>14,479</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>24,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>24,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Supplemental Executive&nbsp;Life Insurance</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>378,460</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Severance&nbsp;Under Employment Agreement<SUP>(2)</SUP></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>563,678</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(3)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>565,563</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(4)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>563,678</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(5)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>141,391</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(6)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Accrued Leave</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>32,751</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Health and Welfare Benefits</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>634</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>26,766</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>13,383</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>26,766</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>33,457</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Annual
amount paid in twelve (12)&nbsp;equal monthly installments for 180&nbsp;months.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(2)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>The
amounts will be grossed-up to account for any excise taxes.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(3)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Payable
in thirty-six (36)&nbsp;equal monthly installments.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(4)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Payable
in twelve (12)&nbsp;equal monthly installments.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(5)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Lump
sum.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(6)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Annual
amount paid in monthly installments. </FONT></DD></DL>

<P style="font-family:times;"><FONT SIZE=2><I> Frank C. Russell, Jr.  </I></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table shows the potential payments upon termination or change in control of the Corporation for Frank C. Russell, Jr. The
chart assumes the triggering events took place on December&nbsp;31, 2008. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="66" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="33" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="31" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="18" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:44pt;"><FONT SIZE=1><B>Executive<BR>
Benefits and<BR>
Payments<BR>
Upon<BR>
Separation

<!-- COMMAND=ADD_SCROPPEDRULE,44pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Early<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Normal<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Involuntary<BR>
Not For<BR>
Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>For Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
for Good<BR>
Reason<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Change in<BR>
Control </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Disability </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Death </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Severance Under Employment Agreement</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>300,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(1)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>300,000</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1><SUP>(1)</SUP></FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >


<DL compact>
<DT style='font-family:times;margin-bottom:-9pt;'><FONT SIZE=1><SUP>(1)</SUP></FONT></DT><DD style="font-family:times;"><FONT SIZE=1>Payable
in twelve (12)&nbsp;equal monthly installments. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>26</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=31,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=593906,FOLIO='26',FILE='DISK127:[09ZAD1.09ZAD14801]DK14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:43' -->
<A NAME="page_dk14801_1_27"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> David W. Cathell  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table shows the potential payments upon termination or change in control of the Corporation for David W. Cathell. The
chart assumes the triggering events took place on December&nbsp;31, 2008. </FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="61" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="36" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="40" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="33" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="31" style="font-family:times;"></TD>
<TD WIDTH="6" style="font-family:times;"></TD>
<TD WIDTH="4" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="23" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH NOWRAP  ALIGN="LEFT" style="font-family:times;"><DIV style="border-bottom:solid #000000 1.0pt;margin-bottom:0pt;width:44pt;"><FONT SIZE=1><B>Executive<BR>
Benefits and<BR>
Payments<BR>
Upon<BR>
Separation

<!-- COMMAND=ADD_SCROPPEDRULE,44pt -->

 </B></FONT></DIV></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Early<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Normal<BR>
Retirement </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Involuntary<BR>
Not For<BR>
Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>For Cause<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Voluntary<BR>
for Good<BR>
Reason<BR>
Termination </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Change in<BR>
Control </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Disability </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Death </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Supplemental Executive Life Insurance</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>300,00</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1> </FONT><FONT SIZE=1>Accrued Leave</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>0</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=1>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=1>11,538</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2><B><I> Transactions with Directors and Executive Officers  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Some of ACNB Corporation's directors and executive officers and the companies with which they are associated were customers of and had
banking transactions with ACNB Corporation's subsidiary bank during 2008. All loans and loan commitments made to them and to their companies were made in the ordinary course of bank business, on
substantially the same terms, including interest rates, collateral and repayment terms, as those prevailing at the time for comparable transactions with other customers of the bank, and did not
involve more than a normal risk of collectibility or present other unfavorable features. ACNB Corporation's subsidiary bank anticipates that they will enter into similar transactions in the future. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation's subsidiary bank purchased $137,368 worth of office furniture, equipment and supplies from Eicholtz Company. Eicholtz Company is owned by Alan J. Stock, who is a member
of the Corporation's Board of Directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation does not regularly engage in business transactions with directors and executive officers outside of its business of banking. Any other transactions with directors or
executive officers are reviewed and approved by the Board of Directors on a case-by-case basis as the need arises. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dk14801_compensation_committee__dk102481"> </A>
<A NAME="toc_dk14801_2"> </A>
<BR></FONT><FONT SIZE=2><B>  COMPENSATION COMMITTEE INTERLOCKS<BR>  AND INSIDER PARTICIPATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Messrs.&nbsp;Hankey and Ritter and Ms.&nbsp;Glass make recommendations to the Executive Committee regarding merit raise increases
for all employees based on a merit appraisal in connection with salary and wage information provided by outside sources. A merit review of Mr.&nbsp;Ritter is conducted by the Compensation Committee.
The merit review is submitted to the entire Board of Directors to be voted upon. Neither Mr.&nbsp;Ritter, Mr.&nbsp;Hankey, nor Ms.&nbsp;Glass participates in matters concerning their own
compensation. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>27</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=32,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=472092,FOLIO='27',FILE='DISK127:[09ZAD1.09ZAD14801]DK14801A.;16',USER='KMIKELL',CD='23-MAR-2009;18:43' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dm14801_1_28"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm14801_audit_committee_report"> </A>
<A NAME="toc_dm14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  AUDIT COMMITTEE REPORT    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Audit Committee of the Board of Directors is comprised of directors who meet SEC and Nasdaq standards for independence. The Audit
Committee operates under a written charter adopted by the Board of Directors in April 2000, which was most recently revised in March 2009, and which is attached to this 2009 Proxy Statement as
Appendix&nbsp;A. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee met with management periodically during the year to consider the adequacy of the Corporation's internal controls and the objectivity of its financial reporting. The
Audit Committee discussed these matters with the Corporation's independent auditors and with appropriate Corporation financial personnel and internal auditors. The Audit Committee also discussed with
the Corporation's management and independent auditors the process used for certifications by the Corporation's Chief Executive Officer and Chief Financial Officer, which are required for certain of
the Corporation's filings with the Securities and Exchange Commission. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee also met privately at its regular meetings with both the independent auditors and the internal auditors, each of whom has unrestricted access to the Audit Committee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee appointed Beard Miller Company,&nbsp;LLP as the independent auditors for the Corporation after reviewing the firm's performance and independence from management. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management
has primary responsibility for the Corporation's financial statements and the overall reporting process, including the Corporation's system of internal controls. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
independent auditors audited the annual financial statements prepared by management, expressed an opinion as to whether those financial statements fairly present the financial
position, results of operations, and cash flows of the Corporation in conformity with generally accepted accounting principles, and discussed with the Audit Committee any issues they believe should be
raised with the Audit Committee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee reviewed with management and Beard Miller Company,&nbsp;LLP, the Corporation's independent auditors, the Corporation's audited financial statements, as well as
reviewed those financial statements and reports prior to issuance. Management has represented, and Beard Miller Company,&nbsp;LLP has confirmed, to the Audit Committee that the financial statements
were prepared in accordance with generally accepted accounting principles. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee received from and discussed with Beard Miller Company,&nbsp;LLP the written disclosure and the letter required by the applicable requirements of the Public Company
Accounting Oversight Board. These items relate to that firm's independence from the Corporation. The Audit Committee also discussed with Beard Miller Company,&nbsp;LLP matters required to be
discussed by the Statement on Auditing Standards No.&nbsp;61 (Communication with Audit Committees), as adopted by the Public Company Accounting Oversight Board in Rule&nbsp;3200T. The Audit
Committee implemented a procedure to monitor auditor independence, reviewed audit and non-audit services performed by Beard Miller Company,&nbsp;LLP, and discussed with the auditors
their independence. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee reviewed the audited financial statements and, based upon the review and discussions above, the Audit Committee recommended to the Board of Directors that the audited
financial statements be included in the Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2008, which is then filed with the Securities and Exchange Commission. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
present, the Corporation has two individuals designated as "audit committee financial experts". The Board of Directors has determined that Daniel W. Potts and Robert W. Miller are
qualified to serve as the Corporation's audit committee financial experts and are independent as defined under applicable SEC and Nasdaq rules. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
report is furnished by the Audit Committee. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>Daniel W. Potts, Chairperson<BR>
Philip P. Asper<BR>
Wayne E. Lau<BR>
Robert W. Miller<BR>
Harry L. Wheeler</I></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>28</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=33,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=756126,FOLIO='28',FILE='DISK127:[09ZAD1.09ZAD14801]DM14801A.;15',USER='NDEWIND',CD='23-MAR-2009;18:29' -->
<A NAME="page_dm14801_1_29"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm14801_amendment_to_articles_of_incorporation"> </A>
<A NAME="toc_dm14801_2"> </A>
<BR></FONT><FONT SIZE=2><B>  AMENDMENT TO ARTICLES OF INCORPORATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Corporation is seeking to amend the Article&nbsp;4 of its Articles of Incorporation to authorize the issuance of 20,000,000
shares of preferred stock, par value $2.50 per share. On February&nbsp;24, 2009, the Board of Directors of the Corporation approved and adopted a resolution to amend the Articles of Incorporation
authorizing the issuance of preferred stock and a resolution to submit the amendment to the shareholders of the Corporation to approve and adopt the amendment with the recommendation of the Board of
Directors. If shareholders approve and adopt this amendment, the Corporation will file with the Pennsylvania Department of State Articles of Amendment, to be effective upon filing, amending its
Articles of Incorporation to authorize preferred stock consisting of up to 20,000,000 shares, $2.50 par value per share. The full text of the proposed amendment is attached as Appendix&nbsp;B, which
is incorporated by reference in its entirety into this section of the 2009 Proxy Statement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Purpose of Preferred Stock  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors believes that the amendment to the Articles of Incorporation is advisable and in the best interests of the
Corporation and its shareholders for several reasons. First, the authorization of preferred stock will supplement our authorized common stock by creating an undesignated class of preferred stock to
increase our flexibility in structuring future capital-raising transactions, acquisitions, joint ventures, and strategic alliances. Also, preferred stock may be useful in connection with stock
dividends or equity compensation plans. Furthermore, having the authority to issue preferred stock will enable us to issue equity securities with terms tailored to specific purposes and to avoid the
possible delay and expense associated with calling and holding a special meeting of shareholders to authorize additional capital stock. The Board of Directors believes that the enhanced ability to
respond to favorable capital market conditions and other opportunities before conditions or opportunities pass is in the best interests of the Corporation and its shareholders. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Effect of Preferred Stock Upon Holders of Common Stock  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The actual effect of the issuance of any shares of preferred stock upon the rights of holders of the common stock cannot be stated
until the Board of Directors determines the specific terms of the issued preferred stock. However, the effects might include, among other things, restricting dividends on the common stock, diluting
the voting power of the common stock, diluting the equity interest of the existing holders of common stock if the preferred stock is convertible into common stock, reducing the market price of the
common stock, or impairing the liquidation rights of the common stock. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
shareholders approve and adopt this amendment to the Corporation's Articles of Incorporation, the Board of Directors will have the authority to create and issue a class of preferred
stock without further shareholder approval. Among other things, the Board of Directors will have the authority to establish the number of shares constituting a series, dividend rights, voting rights,
conversion or exchange privileges, redemption features, sinking fund provisions, and rights in the event of a voluntary or involuntary liquidation or dissolution. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Furthermore,
any issuance of preferred stock with voting rights could, under certain circumstances, have the effect of delaying or preventing a change in control of the Corporation by
increasing the number of outstanding shares entitled to vote on the matter, thereby increasing the number of votes required to approve a change in control. Preferred stock with voting rights or that
is convertible into shares of common stock (or rights to purchase such shares) could be issued to render more difficult or discourage an attempt to obtain control of the Corporation by means of a
tender offer, proxy contest, merger or otherwise. The ability of the Board of Directors to issue additional shares of preferred stock, with the rights and preferences it deems advisable, could
discourage an attempt by a party to acquire control of the Corporation by tender offer or other means. These issuances could, therefore, deprive shareholders of benefits that could result from an
attempt, such as the realization of a premium over the market price. However, the preferred stock is not being proposed for an anti-takeover-related </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>29</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=34,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=388880,FOLIO='29',FILE='DISK127:[09ZAD1.09ZAD14801]DM14801A.;15',USER='NDEWIND',CD='23-MAR-2009;18:29' -->
<A NAME="page_dm14801_1_30"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>purpose,
and the Corporation has no knowledge of any current efforts to obtain control of the Corporation or to effect large accumulations of the Corporation's voting stock. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holders
of common stock will not have preemptive rights with respect to the issuance of preferred stock. The Corporation does not currently have any definitive plans, arrangements or
understandings with respect to the issuance of any of the proposed shares of preferred stock. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Required Vote  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Approval and adoption of the amendment to our Articles of Incorporation to authorize a class of preferred stock requires the
affirmative vote of the holders of a majority of the votes cast at the annual meeting. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm14801_the_board_of_directors_recomme__the06546"> </A>
<A NAME="toc_dm14801_3"> </A>
<BR></FONT><FONT SIZE=2><B>  THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" APPROVAL AND ADOPTION OF THE AMENDMENT TO THE CORPORATION'S ARTICLES OF INCORPORATION TO AUTHORIZE PREFERRED STOCK.    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>30</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=35,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=845736,FOLIO='30',FILE='DISK127:[09ZAD1.09ZAD14801]DM14801A.;15',USER='NDEWIND',CD='23-MAR-2009;18:29' -->
<A NAME="page_dm14801_1_31"> </A>


<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm14801_acnb_corporation_2009_restricted_stock_plan"> </A>
<A NAME="toc_dm14801_4"> </A>
<BR></FONT><FONT SIZE=2><B>  ACNB CORPORATION<BR>  2009 RESTRICTED STOCK PLAN    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On February&nbsp;24, 2009, the Board of Directors adopted the ACNB Corporation 2009 Restricted Stock Plan (the "Restricted Stock
Plan"). Restricted stock is stock granted to an employee or director which is not transferred to the employee or director until specific conditions are met. Typical restrictions include performance
goals for the individual or Corporation or remaining with the Corporation for a specific number of years. Once the conditions are met, then the stock is no longer restricted and is transferred to the
employee or director. The Board believes that restricted stock awards can serve as an important element in attracting and retaining employees and directors who are expected to contribute to the
Corporation's growth and success. By compensating employees and directors with shares of Corporation stock, the employees and directors have additional incentive to ensure that the Corporation is
successful. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation does not currently have a restricted stock plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Summary of the Restricted Stock Plan  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a brief summary of the Restricted Stock Plan. The following summary is qualified in its entirety by reference to the
Restricted Stock Plan, a copy of which is included as Appendix&nbsp;C to this 2009 Proxy Statement and incorporated herein by reference. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Shares Subject to the Restricted Stock Plan  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The number of shares of common stock which may be issued under the Restricted Stock Plan may not exceed 200,000 shares. If any
restricted stock award is terminated, surrendered, canceled or forfeited, the unused shares of common stock covered by such restricted stock award will again be available for grant under the
Restricted Stock Plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Eligibility to Receive Stock Awards  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Corporation's employees and directors, approximately 300 persons, are all eligible to be granted restricted stock awards under the
Restricted Stock Plan; however, the Compensation Committee determines to whom specifically restricted stock will be granted. The granting of restricted stock awards under the Restricted Stock Plan is
discretionary, and the Board cannot currently determine whether restricted stock awards will be granted in the future to any particular person or group. Simply because one employee or director is
granted a restricted stock award does not mean that another employee or director will be awarded restricted stock as well. The Compensation Committee may select participants based upon a person's
responsibilities and service, past, present, and anticipated future contributions, or such other criteria as the Compensation Committee determines is appropriate. No awards of restricted stock have
been made to date, and the Compensation Committee has not determined who, if anyone, will receive awards. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Description of Restricted Stock Grants  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Compensation Committee may award restricted stock contingent upon the employee (or director), Corporation, or Bank meeting certain
performance goals or the employee (or director) continuing to be employed by the Bank (or serving as a director) after a certain period of time. Restricted stock granted pursuant to the Restricted
Stock Plan is subject to forfeiture in the event that the conditions specified in the applicable restricted stock agreement are not satisfied prior to the end of the applicable restriction period
established for such restricted stock award. The restricted stock becomes vested, and not subject to forfeiture, in one or more installments, upon the happening of certain events, upon the passage of
a specified period of time, upon the fulfillment of certain conditions or upon the achievement by the Corporation or the Bank of certain performance goals, or </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>31</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=36,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=955862,FOLIO='31',FILE='DISK127:[09ZAD1.09ZAD14801]DM14801A.;15',USER='NDEWIND',CD='23-MAR-2009;18:29' -->
<A NAME="page_dm14801_1_32"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>any
combination of the above, as the Compensation Committee shall decide in each case when the restricted stock is awarded. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of a change of control of the Corporation, the death or disability of the employee or director, or upon retirement of the employee or director at or after age 62, all shares
of restricted stock will become fully vested. Generally, unless the Compensation Committee determines otherwise, any shares of restricted stock that have not vested on the date of termination of
employment are forfeited by such person when such person terminates employment with the Corporation. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B> Administration  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Plan will be administered by the Compensation Committee of the Board of Directors. The Compensation Committee will have the
authority to designate participants; determine the number, terms and conditions of each award; establish, adopt or revise any rules and regulations as it may deem advisable; and, make all other
decisions and determinations that may be required under the Plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Amendment or Termination  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Compensation Committee may amend, suspend or terminate the Restricted Stock Plan at any time. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B> Tax Consequences to the Corporation  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Corporation generally will be entitled to a business expense deduction with respect to any ordinary compensation income recognized
by a participant under the Restricted Stock Plan at the same time that the participant recognizes ordinary compensation income. Any such deduction will be subject to the limitations of
Section&nbsp;162(m) of the Internal Revenue Code. In general, the sale of any common stock acquired under the Restricted Stock Plan will not have any tax consequences to the Corporation. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Tax Consequences to the Holder  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A participant will not recognize taxable income upon the grant of a restricted stock award, unless the participant makes an election
under Section&nbsp;83(b) of the Internal Revenue Code (a "Section&nbsp;83(b) Election"). If the participant makes a Section&nbsp;83(b) Election within thirty (30)&nbsp;days of the date of the
grant, then the participant will recognize ordinary compensation income, for the year in which the restricted stock award is granted, in an amount equal to the difference between the fair market value
of the common stock at the time the restricted stock award is granted and the purchase price paid for the common stock, if any. If a participant makes a Section&nbsp;83(b) Election and then forfeits
the common stock, such participant will not be permitted to reverse the amount of ordinary income recognized, but will have a capital loss of such amount. If a Section&nbsp;83(b) Election is not
made, the participant will recognize ordinary compensation income at the time that the forfeiture provisions or restrictions on transfer lapse, in an amount equal to the difference between the fair
market value of the common stock at the time of such lapse and the original purchase price paid for the common stock, if any. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
participant will have a tax basis in the common stock acquired upon a restricted stock award equal to the sum of the price paid, if any, and the amount of ordinary compensation
income recognized. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
the disposition of the common stock acquired pursuant to a stock award, the participant will recognize a capital gain or loss equal to the difference between the sale price of the
common stock and the participant's tax basis in the common stock. The gain or loss will be a long-term capital gain or loss if the shares are held for more than one (1)&nbsp;year. For
this purpose, the holding period will begin just after the date on which the forfeiture provisions or restrictions lapse if a Section&nbsp;83(b) Election is not made, or just after the date the
restricted stock award is granted if a Section&nbsp;83(b) Election is made. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>32</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=37,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=182933,FOLIO='32',FILE='DISK127:[09ZAD1.09ZAD14801]DM14801A.;15',USER='NDEWIND',CD='23-MAR-2009;18:29' -->
<A NAME="page_dm14801_1_33"> </A>


<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
description is only a summary of current law and does not reflect any tax consequences in any other jurisdiction. Each participant is urged to seek advice from his or her personal
tax adviser. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Restrictions on Transfer  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares of restricted stock may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated until the
termination of the applicable restricted period or for such period of time as shall be established by the Compensation Committee. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B> Voting Rights  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise determined by the Compensation Committee at the time of grant, a participant holding restricted stock shall be
entitled to full voting rights with respect to those shares during the restriction period. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B> Dividends and Other Distributions  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;During the restriction period, a participant holding restricted stock may, if the Compensation Committee so determines, be credited
with dividends paid with respect to the
underlying shares. The Compensation Committee may apply any restrictions to the dividends that the Compensation Committee deems appropriate. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B> Required Vote  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Approval and ratification of the ACNB Corporation 2009 Restricted Stock Plan requires the affirmative vote of the holders of a majority
of the votes cast at the annual meeting. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm14801_the_board_of_directors_recomme__the04704"> </A>
<A NAME="toc_dm14801_5"> </A>
<BR></FONT><FONT SIZE=2><B>  THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" APPROVAL AND RATIFICATION OF THE ACNB CORPORATION 2009 RESTRICTED STOCK PLAN.    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>33</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=38,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=968223,FOLIO='33',FILE='DISK127:[09ZAD1.09ZAD14801]DM14801A.;15',USER='NDEWIND',CD='23-MAR-2009;18:29' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_do14801_1_34"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do14801_independent_auditors"> </A>
<A NAME="toc_do14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  INDEPENDENT AUDITORS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aggregate fees billed to ACNB Corporation by Beard Miller Company,&nbsp;LLP for services rendered are presented below: </FONT></P>

<!-- COMMAND=ADD_TABLEWIDTH,"80%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="80%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="263" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="41" style="font-family:times;"></TD>
<TD WIDTH="15" style="font-family:times;"></TD>
<TD WIDTH="5" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="41" style="font-family:times;"></TD>
<TD WIDTH="3" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=5 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Year Ended December&nbsp;31, </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2008 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2007 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Audit Fees</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>158,317</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>153,489</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Audit Related Fees</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>750</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Tax Fees</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>38,235</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>23,637</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>All Other Fees</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,925</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD style="font-family:times;">&nbsp;</TD>
<TD style="font-family:times;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:times;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:times;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:times;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
<TD style="font-family:times;">&nbsp;</TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Total Fees</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>200,226</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT"  style="font-family:times;"><FONT SIZE=2>$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>177,126</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD style="font-family:times;">&nbsp;</TD>
<TD style="font-family:times;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:times;border-bottom:double #000000 2.25pt;">&nbsp;</TD>
<TD style="font-family:times;">&nbsp;</TD>
<TD COLSPAN=2 ALIGN="RIGHT" style="font-family:times;border-bottom:double #000000 2.25pt;">&nbsp;</TD>
<TD style="font-family:times;">&nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>Audit Fees</I></FONT><FONT SIZE=2> include fees billed for professional services rendered for the audit of annual financial statements and fees billed for the
review of financial statements included in the Corporation's Forms&nbsp;10-Q and 10-K or services that are normally provided by Beard Miller Company,&nbsp;LLP in connection
with statutory and regulatory filings or engagements (i.e.,&nbsp;attest services required by FDICIA or Section&nbsp;404 of the Sarbanes-Oxley Act), including out-of-pocket
expenses. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>Audit Related Fees</I></FONT><FONT SIZE=2> include fees billed for assurance and related services by Beard Miller Company,&nbsp;LLP that are reasonably related
to the performance of the audit or review of the Corporation's financial statements and are not reported under the Audit Fees section of the table above. These services included the review of the SEC
comment letter received in 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>Tax Fees</I></FONT><FONT SIZE=2> include fees billed for professional services rendered by Beard Miller Company,&nbsp;LLP for tax compliance, tax advice, and
tax planning. These services included preparation of federal and state tax returns in 2007 and 2008, as well as consulting services for the insurance agency purchase and bank-owned life
insurance/1035 exchanges including required additional 2007 filings in 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>All Other Fees</I></FONT><FONT SIZE=2> include fees billed for products and services provided by Beard Miller Company,&nbsp;LLP, other than the services
reported under the Audit Fees, Audit Related Fees, or Tax Fees sections of the table above. These services included acquisition-related work and other services in 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee has considered whether, and determined that, the provision of the non-audit services is compatible with maintaining the independence of Beard Miller
Company,&nbsp;LLP. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee preapproves all audit and permissible non-audit services provided by the independent auditors. These services may include audit services, audit related
services, tax services, and other services. Preapproval will generally be provided for up to one (1)&nbsp;year, and any preapproval is detailed as to the particular service or category of services
and is subject to a specific
budget. In addition, the Audit Committee may also preapprove particular services on a case-by-case basis. For each proposed service, the independent auditor is required to
provide detailed back-up documentation at the time of approval. None of the services related to the Audit Related Fees, Tax Fees, or All Other Fees described above was approved by the
Audit Committee pursuant to the preapproval waiver provisions set forth in the applicable SEC rules. In addition, the Audit Committee annually considers and recommends to the Board of Directors the
selection of the Corporation's independent auditors. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do14801_section_16(a)_benefici__do102032"> </A>
<A NAME="toc_do14801_2"> </A>
<BR></FONT><FONT SIZE=2><B>  SECTION&nbsp;16(a) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;16(a) of the Securities Exchange Act of 1934 requires ACNB Corporation's directors, executive officers, and shareholders
who beneficially own more than 10% of ACNB Corporation's outstanding equity stock to file initial reports of ownership and reports of changes in ownership of common stock and other equity securities
of ACNB Corporation with the Securities and Exchange Commission. Based on a review of copies of the reports we received, and on the statements of the </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>34</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=39,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=592147,FOLIO='34',FILE='DISK127:[09ZAD1.09ZAD14801]DO14801A.;11',USER='CARIASB',CD='24-MAR-2009;09:43' -->
<A NAME="page_do14801_1_35"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<BR>

<P style="font-family:times;"><FONT SIZE=2>reporting
persons, we believe that all Section&nbsp;16(a) filing requirements were complied with in a timely fashion during 2008 except for Ronald L. Hankey who had one late report regarding two
transactions and Jennifer L. Weaver who had two late reports regarding five transactions. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do14801_proposals"> </A>
<A NAME="toc_do14801_3"> </A>
<BR></FONT><FONT SIZE=2><B>  PROPOSALS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO FIX THE NUMBER OF DIRECTORS OF ACNB CORPORATION AT THIRTEEN (13).  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>The Board of Directors recommends a vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> this proposal.  </I></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO FIX THE NUMBER OF CLASS 1 DIRECTORS AT FIVE (5).  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>The Board of Directors recommends a vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> this proposal.  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO FIX THE NUMBER OF CLASS 2 DIRECTORS AT FOUR (4).  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>The Board of Directors recommends a vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> this proposal.  </I></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B>4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO FIX THE NUMBER OF CLASS 3 DIRECTORS AT FOUR (4).  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>The Board of Directors recommends a vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> this proposal.  </I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO ELECT FOUR (4)&nbsp;CLASS 2 DIRECTORS FOR TERMS OF THREE (3)&nbsp;YEARS.  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nominees for Class&nbsp;2 Director are: </FONT></P>

<UL>

<P style="font-family:times;"><FONT SIZE=2>John
R. Schnitzer<BR>
Alan J. Stock<BR>
Jennifer L. Weaver<BR>
Harry L. Wheeler </FONT></P>

</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>The Board of Directors recommends a vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> the election of these nominees as Class&nbsp;2
Director.</I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cumulative
voting rights do not exist with respect to the election of directors. The four (4) directors receiving the highest number of "FOR" votes cast (in person or by proxy and
entitled to vote at the annual meeting) by those shareholders entitled to vote will be elected directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the election of directors, you may vote "FOR" all of the nominees or your vote may be "WITHHELD" with respect to one or more of the nominees. For the other proposals, you may vote
"FOR", "AGAINST" or "ABSTAIN". If you "ABSTAIN", it has the same effect as a vote "AGAINST". If you sign your proxy card or broker voting instruction card with no further instructions, your shares
will be voted in accordance with the recommendations of the Board ("FOR" all of the Board's nominees and "FOR" all other proposals described in this proxy statement). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO APPROVE AND ADOPT THE AMENDMENT TO THE ARTICLES OF INCORPORATION OF ACNB CORPORATION TO AUTHORIZE PREFERRED STOCK.  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>The Board of Directors recommends that the shareholders vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> the approval and adoption of the amendment to the
Articles of Incorporation of the Corporation to authorize preferred stock.</I></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>7.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO APPROVE AND RATIFY THE ACNB CORPORATION 2009 RESTRICTED STOCK PLAN.  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>The Board of Directors recommends that the shareholders vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> the approval and
ratification of the ACNB Corporation 2009 Restricted Stock Plan.</I></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>35</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=40,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=845486,FOLIO='35',FILE='DISK127:[09ZAD1.09ZAD14801]DO14801A.;11',USER='CARIASB',CD='24-MAR-2009;09:43' -->
<A NAME="page_do14801_1_36"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B>8.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO RATIFY THE SELECTION OF BEARD MILLER COMPANY,&nbsp;LLP AS ACNB CORPORATION'S INDEPENDENT AUDITORS.  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do14801_ratification_of_selection_of_independent_auditors"> </A>
<A NAME="toc_do14801_4"> </A></FONT> <FONT SIZE=2><B>  RATIFICATION OF SELECTION OF<BR>  INDEPENDENT AUDITORS    <BR>    </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors has selected Beard Miller Company,&nbsp;LLP as independent auditors for the examination of its financial
statements for the fiscal year ending December&nbsp;31, 2009. Beard Miller Company,&nbsp;LLP served as the Corporation's independent auditors for the year ended December&nbsp;31, 2008. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Beard
Miller Company,&nbsp;LLP has advised us that neither the firm nor any of its associates has any relationship with the Corporation or its subsidiaries other than the usual
relationship that exists between independent certified public auditors and clients. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
expect a representative of Beard Miller Company,&nbsp;LLP to be present at the Annual Meeting of Shareholders, to respond to appropriate questions, and to make a statement if the
representative desires to do so. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>The Board of Directors recommends that the shareholders vote </I></FONT><FONT SIZE=2><B><I>FOR</I></B></FONT><FONT SIZE=2><I> ratification of the selection of Beard Miller
Company,&nbsp;LLP as independent auditors for the fiscal year ending December&nbsp;31, 2009.</I></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B>9.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TO TRANSACT SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE 2009 ANNUAL MEETING AND ANY ADJOURNMENT OR POSTPONEMENT THEREOF.  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do14801_additional_information"> </A>
<A NAME="toc_do14801_5"> </A>
<BR></FONT><FONT SIZE=2><B>  ADDITIONAL INFORMATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any shareholder may obtain a copy of ACNB Corporation's Annual Report on Form&nbsp;10-K for the year ended
December&nbsp;31, 2008, including the financial statements and related schedules and exhibits, required to be filed with the Securities and Exchange Commission, without charge, by submitting a
written request to Shareholder Relations, ACNB Corporation, 16 Lincoln Square, P. O. Box&nbsp;3129, Gettysburg, Pennsylvania 17325, or calling 717-339-5085. You may also view
these documents on our website at
www.acnb.com under the ACNB Corporation Investor Relations tab or directly at </FONT><FONT SIZE=2><I>http://www.acnb.com/home/acn.acn_meeting</I></FONT><FONT SIZE=2>. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do14801_other_matters"> </A>
<A NAME="toc_do14801_6"> </A>
<BR></FONT><FONT SIZE=2><B>  OTHER MATTERS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Board of Directors knows of no matters other than those discussed in this proxy statement that will be presented at the annual
meeting. However, if any other matters are properly brought before the meeting, any proxy given pursuant to this solicitation will be voted in accordance with the recommendations of the Board of
Directors. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>36</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=41,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=1005856,FOLIO='36',FILE='DISK127:[09ZAD1.09ZAD14801]DO14801A.;11',USER='CARIASB',CD='24-MAR-2009;09:43' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_ma14801_1_1"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_appendix_a"> </A>
<A NAME="toc_ma14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  Appendix&nbsp;A    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_acnb_corporation___sub__ma102263"> </A>
<A NAME="toc_ma14801_2"> </A></FONT> <FONT SIZE=2><B>  ACNB CORPORATION&nbsp;&amp; SUBSIDIARIES<BR>  AUDIT COMMITTEE CHARTER    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_organization"> </A>
<A NAME="toc_ma14801_3"> </A></FONT> <FONT SIZE=2><B><I>ORGANIZATION    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Audit Committee is a committee of outside members of the Board of Directors. Its function is to assist the Board in fulfilling its
oversight responsibilities by reviewing the financial information which will be provided to the Securities and Exchange Commission, the shareholders or the public, the systems of internal controls
which management and the Board of Directors have established, and the audit process. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_authorization"> </A>
<A NAME="toc_ma14801_4"> </A>
<BR></FONT><FONT SIZE=2><B><I>AUTHORIZATION    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Audit Committee of ACNB Corporation and Subsidiaries is a standing committee of the Board of Directors authorized by the Bylaws of
ACNB Corporation. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_purpose"> </A>
<A NAME="toc_ma14801_5"> </A>
<BR></FONT><FONT SIZE=2><B><I>PURPOSE    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The purpose of the Audit Committee is to assist the Board in fulfilling its oversight responsibility relating to (i)&nbsp;the
integrity of the Company's financial statements and financial reporting process and the Company's systems of internal accounting and financial controls; (ii)&nbsp;the performance of the internal
audit function; (iii)&nbsp;the annual independent audit of the Company's financial statements, the engagement of the independent auditors, and the evaluation of the independent auditors'
qualifications, independence and performance; (iv)&nbsp;the Company's compliance with legal and regulatory requirements, including the Company's disclosure controls and procedures; (v)&nbsp;the
fulfillment of the other responsibilities set out herein; and (vi)&nbsp;monitoring the Company's compliance with the Code of Ethics. The report of the Audit Committee required by the rules of the
Securities and Exchange Commission ("SEC") shall be included in the Company's annual proxy statement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;While
the Audit Committee has the responsibilities and powers set forth in this Charter, it is not the duty of the Audit Committee to plan or conduct audits or to determine that the
Company's financial statements and disclosures are complete and accurate and are in accordance with generally accepted accounting principles and applicable rules and regulations. These are the
responsibilities of management and the independent auditors. In carrying out its oversight responsibilities, as permitted under the Pennsylvania Business Corporation Law of 1988, as amended, the Audit
Committee members are entitled to rely in good faith on the expertise, integrity and knowledge of management, the internal and independent auditors, and corporate counsel. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_membership_and_structure"> </A>
<A NAME="toc_ma14801_6"> </A>
<BR></FONT><FONT SIZE=2><B><I>MEMBERSHIP AND STRUCTURE    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Audit Committee shall be comprised of at least three members of the Board, and the members must be independent in accordance with
the Company's independence standards. In addition, the members must meet the experience and expertise requirements set forth by the Board of Directors and applicable laws and regulations (including
the Sarbanes-Oxley Act of 2002). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
members of the Audit Committee shall have a general understanding of finance and accounting practices, and at least one member of the Committee shall be an "audit committee financial
expert" as defined by the Securities and Exchange Commission. Each member shall be free of any relationship that, in the opinion of the Board, would under applicable laws and regulations make the
director not independent. No Committee member shall simultaneously serve on the audit committees of more than two other public companies. A Chair shall be elected by the full Board. The Chair shall
lead all regular sessions of the Committee and set the agenda for the Committee meetings. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;1</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=42,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=666652,FOLIO='1',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<A NAME="page_ma14801_1_2"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_authority"> </A>
<A NAME="toc_ma14801_7"> </A>
<BR></FONT><FONT SIZE=2><B><I>AUTHORITY    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Audit Committee shall have the sole authority to select, evaluate, appoint and replace the independent auditors (subject to
shareholder ratification) and shall approve in advance all audit engagement fees and terms and all non-audit engagements with the independent auditors. The Audit Committee shall consult
with management, but shall not delegate these responsibilities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee shall have the authority, to the extent it deems necessary or appropriate, to retain special legal, accounting, or other consultants to advise the Audit Committee.
The Company shall provide funding, as determined by the Audit Committee, for payment of compensation to the independent auditors and to any advisors employed by the Audit Committee. Any communications
between the Audit Committee and legal counsel in the course of obtaining legal advice shall be considered privileged communications of the Company, and the Audit Committee shall take all necessary
steps to preserve the privileged nature of those communications. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee may form and delegate authority to subcommittees, comprised of one or more members of the Committee, as necessary or appropriate. Each subcommittee shall have the
full power and authority of the Audit Committee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Audit Committee may conduct or authorize investigations into any matter, within the Audit Committee's scope of responsibilities, brought to its attention. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_meetings"> </A>
<A NAME="toc_ma14801_8"> </A>
<BR></FONT><FONT SIZE=2><B><I>MEETINGS    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Committee shall meet at least four times annually, or more frequently as circumstances dictate. The Audit Committee may hold
special meetings upon the call of the Chair of the Committee. At Committee meetings, a majority of the total members shall constitute a quorum. A member of the Audit Committee or a person designated
by the Audit Committee shall keep minutes. The Committee shall regularly report to the Board on the Audit Committee's activities, and annually review and evaluate its own performance. The Committee
shall review and assess the adequacy of this Charter annually and recommend any proposed changes to the Board for approval. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
members of the Board who are not members of the Committee may attend meetings of the Committee, but may not vote. The Committee may invite to its meetings any management or other
personnel of the Company, or any third parties, as it deems appropriate in order to carry out its responsibilities. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ma14801_responsibilities_and_duties"> </A>
<A NAME="toc_ma14801_9"> </A>
<BR></FONT><FONT SIZE=2><B><I>RESPONSIBILITIES AND DUTIES    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In carrying out its responsibilities, the Audit Committee believes its policies and procedures should remain flexible, in order to best
react to changing conditions and ensure to the directors and shareholders that the corporate accounting and reporting practices of the Company are in accordance with all requirements. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><B><I> The Audit Committee's responsibilities and duties are designated by the categories listed below:  </I></B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><B>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B><I>Financial Statement and Disclosure Matters  </I></B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review the regular internal reports to management prepared by the internal audit function and management's response. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss with management and the independent auditors the annual audited financial statements, including
disclosures made in "Management's Discussion and Analysis of Financial Condition and Results of Operations", and recommend to the Board whether the audited financial statements should be included in
the Company's Form&nbsp;10-K. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;2</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=43,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=900747,FOLIO='2',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<A NAME="page_ma14801_1_3"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>
<UL>
</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Prepare annually a report for inclusion in the Company's proxy statement relating to its annual meeting of shareholders.
In that report, the Audit Committee shall state whether it has: (i)&nbsp;reviewed and discussed the audited financial statements with management; (ii)&nbsp;discussed with the independent auditors
the matters required to be discussed by Statement on Auditing Standards No.&nbsp;61, as that statement may be modified or supplemented from time to time; and (iii)&nbsp;received from the
independent auditors written disclosures and the letter required by Independence Standards Board Standard No.&nbsp;1, as that standard may be modified or supplemented from time to time, and
discussed with the independent auditors the independence of the independent auditors. Based on the review and discussions of (i)&nbsp;through (iii)&nbsp;above, the Audit Committee shall state
whether it recommends that the audited financial statements be included in the Company's Form&nbsp;10-K.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss with management and the independent auditors the Company's quarterly financial statements prior to the
filing of its Form&nbsp;10-Q, including the results of the independent auditors' reviews of the quarterly financial statements.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Receive a disclosure from the Chief Executive Officer and Chief Financial Officer during their certification process for
the Form&nbsp;10-K and Form&nbsp;10-Qs about (i)&nbsp;any significant deficiencies in design or operation of internal controls or material weaknesses therein and
(ii)&nbsp;any fraud, whether or not material, involving management or other employees who have a significant role in the Company's internal controls.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>At least annually prior to the filing of the Audit Committee Report with the SEC (and more frequently if appropriate),
review and discuss reports from the independent auditors on, among other things, certain: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Critical accounting policies and practices to be used;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Alternative treatments of financial information within generally accepted accounting principles; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Other material written communications between the independent auditors and management, such as any management letter and
the Company's response to such letter or schedule of unadjusted differences; and,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Difficulties encountered in the course of the audit work, including any restrictions on the scope of activities or access
to requested information, any significant disagreements with management, and communications between the audit team and the audit firm's office with respect to difficult auditing or accounting issues
presented by the engagement.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD></DL>
</DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss with management and the independent auditors, at least annually, significant accounting and financial
reporting issues, including complex or unusual transactions and judgments concerning significant estimates or significant changes in the Company's selection or application of accounting principles,
and recent professional, accounting and regulatory pronouncements and initiatives, and understand their impact on the Company's financial statements.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review with management the Audit Committee's evaluation of the Company's internal control structure and procedures for
financial reporting and review periodically, but in no event less frequently than quarterly, management's conclusions about the efficacy of such internal controls and procedures, including any
significant deficiencies in or material noncompliance with such controls and procedures.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Discuss with management the Company's major financial risk exposures and the steps management has taken to monitor and
control such exposures, including the Company's risk assessment and risk management policies. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;3</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=44,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=13829,FOLIO='3',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<A NAME="page_ma14801_1_4"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>
<UL>
</UL>
</UL>

<P style="font-family:times;"><FONT SIZE=2><B>2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B><I>Authorization of the Company's Whistleblower Policy  </I></B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Establish procedures for the receipt, retention and treatment of complaints received by the Company regarding accounting,
internal accounting controls, or auditing matters, and the confidential, anonymous submission by Company employees of concerns regarding questionable accounting or auditing matters. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Treatment of Certain
Complaints&nbsp;&nbsp;</FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The protection of corporate whistleblowers shall be the responsibility of the Audit Committee.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The Audit Committee shall protect anyone who comes forth with any information concerning any irregularities or fraudulent
activity being performed. The Sarbanes-Oxley Act of 2002 expands the federal statute concerning retaliation against a witness to prohibit interference with the lawful employment or livelihood of a
witness for providing information relating to the commission of a federal offense.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The Audit Committee shall provide for employees of a public company who provide evidence of fraud. The Company may not
fire, demote, suspend, threaten, harass, or otherwise discriminate against an employee because of the employee's involvement in a securities or fraud-related investigation involving the Company. Any
employee who is adversely treated because of his or her whistleblowing activities may sue the Company within 90&nbsp;days after the date of the discriminatory act for compensatory damages and
attorney's fees. The employee must make a prima facie case showing that his or her whistleblowing activities were a contributing factor in the unfavorable personnel action alleged in the complaint,
while the employer must show by clear and convincing evidence that it would have taken the same unfavorable personnel action in the absence of the whistleblowing behavior. </FONT></DD></DL>
</DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2><B>3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B><I>Oversight of the Company's Relationship with Independent Auditors  </I></B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The independent auditors shall report directly to the Audit Committee.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss the scope and plan of the independent audit.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and appraise the audit efforts of the Company's independent auditors and internal audit function. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Provide an open avenue of communication with the independent auditors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>On an annual basis, review and discuss with the auditors all significant relationships the auditors have with the Company
to determine the independence of the internal and independent auditors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Ensure receipt from the independent auditors of a formal written statement delineating all relationships between the
auditor and the Company, consistent with Independence Standards Board Standard No.&nbsp;1.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review the performance of the independent auditors and approve any proposed discharge of the independent auditors when
circumstances warrant.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review with management and the independent auditors at the completion of the annual
examination: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The Company's annual financial statements and related footnotes;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The independent audit of the financial statements and report thereon; </FONT></DD></DL>
</DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;4</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=45,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=414561,FOLIO='4',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<A NAME="page_ma14801_1_5"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any significant changes required in the independent audit plan; and,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any serious difficulties or disputes with management encountered during the course of the audit. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD></DL>
</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review the internal audit function of the Company including the independence and authority of its reporting obligations,
the proposed audit plans for the coming year, and the coordination of such plans with the independent auditors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Provide sufficient opportunity for the internal and independent auditors to meet with the members of the Audit Committee
without members of management present. Among the items to be discussed in these meetings are the independent auditors' evaluation of the Company's financial, accounting and internal controls. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Receive and discuss a report from the independent auditors at least annually regarding: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The independent auditors' internal quality control procedures;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any material issues raised by the most recent quality control review, or peer review (if applicable), of the independent
auditors, or by any inquiry or investigation by governmental professional authorities within the preceding five years respecting one or more independent audits carried out by the independent auditors; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any steps taken to deal with any such issues; and,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>All relationships between the independent auditors and the Company, in order to assess the independent auditors'
independence.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD></DL>
</DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Approve guidelines for the retention of the independent auditors for any non-audit services and determine
procedures for the approval of audit and non-audit services in advance. In accordance with such procedures, the Audit Committee shall approve in advance any audit or non-audit
services provided to the Company by the independent auditors, all as required by applicable law or listing standards. Preapproval authority may be delegated to one or more members of the Audit
Committee.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Recommend to the Board policies for the Company's hiring of employees or former employees of the independent auditors
which guidelines shall meet the requirements of applicable law and listing standards.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Ensure the rotation of audit partners every five years, as well as consider whether there should be regular rotation of
the audit firm itself. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2><B>4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B><I>Financial Reporting Processes  </I></B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>In consultation with the independent auditors and the internal auditors, review the integrity of the Company's financial
reporting processes, both internal and external.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review any differences in the independent auditors' judgments relating to the interpretation of the Company's accounting
principles as applied in its financial reporting.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and approve, if appropriate, major changes to the Company's auditing and accounting principles and practices as
suggested by the independent auditors, management, or the internal audit function.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review with the Chief Executive Officer, Chief Financial Officer, independent auditors, and the manager of the internal
audit function the financial report before it is filed with the SEC or other regulators. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;5</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=46,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=371973,FOLIO='5',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<A NAME="page_ma14801_1_6"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>
<UL>
</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Receive prior to each meeting, a summary of findings from completed internal audits and a progress report on the proposed
internal audit plan, with explanations for any deviations from the original plan.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review the financial statements contained in the annual report to shareholders with management and the independent
auditors to determine that the independent auditors are satisfied with the disclosure and content of the financial statements to be presented to the shareholders. Any changes in accounting principles,
the effect of any regulatory and accounting initiatives, and off-balance sheet structures should be reviewed.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Serve as an independent and objective party to monitor the Company's financial reporting process and internal control
system. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2><B>5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B><I>Oversight of Audit and Risk Review ("ARR")  </I></B></FONT></P>

<UL>

<P style="font-family:times;"><FONT SIZE=2>The
Audit Committee may contract for internal audit services as necessary to assess the adequacy and effectiveness of internal accounting controls, financial systems or financial statements, and the
accuracy of management reporting and compliance with laws, regulations and Company policy. As used in this section or subsequent sections, the "lead or coordinating auditor" refers to the Company's
internal auditor or, if such services are outsourced, to the auditor of the public accounting firm primarily responsible for the Company's internal audit functions.  </FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss the appointment and replacement of the lead or coordinating auditor.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss the ARR findings that have been reported to management, management's responses, and the progress of the
related corrective action plans.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and evaluate the adequacy of the work performed by the lead or coordinating auditor and ARR function, and ensure
that the ARR function is independent and has adequate resources to fulfill its duties, including implementation of the annual audit plan.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review any significant disagreement among management and the independent auditors or the internal audit function in
connection with the preparation of the financial statements.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review with the independent auditors, the lead or coordinating auditor, and management the extent to which changes or
improvements in financial or accounting practices, as approved by the Audit Committee, have been implemented.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Inquire of management, the lead or coordinating auditor of the internal audit function, and the independent auditors about
significant risks or exposures and assess the steps management has taken to minimize such risk to the Company.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Consider, in consultation with the independent auditors and the lead or coordinating auditor of the internal audit
function, the audit scope and plan of the internal auditors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review with the lead or coordinating auditor of the internal audit function and the independent auditors the coordination
of audit efforts to assure completeness of coverage, reduction of redundant efforts, and the effective use of audit resources.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Consider and review with the independent auditors and the lead or coordinating auditor of the internal audit
function: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The adequacy of the Company's internal controls including computerized information, system controls, and security; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any related significant findings and recommendations of the independent auditors and internal auditors together with
management's responses thereto; </FONT></DD></DL>
</DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;6</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=47,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=235450,FOLIO='6',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<A NAME="page_ma14801_1_7"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any difficulties encountered in the course of their audits, including any restrictions on the scope of their work or
access to required information;  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Any changes required in the planned scope of their audit plans; and,  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>The Internal Audit Department Charter. </FONT></DD></DL>
</UL>
</UL>

<P style="font-family:times;"><FONT SIZE=2><B>6.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></FONT><FONT SIZE=2><B><I>Compliance Oversight Responsibilities  </I></B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review periodically with management and the independent auditors any correspondence with, or other action by, regulators
or governmental agencies, any material legal affairs of the Company, and the Company's compliance with applicable law and listing standards.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss the report of the lead or coordinating auditor regarding the expenses of, the perquisites paid to, and
the conflicts of interest, if any, of members of the Company's senior management.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review and discuss with management and the independent auditors any correspondence with, or the findings of any
examinations by, regulatory agencies, published reports or auditor observations that raise significant issues regarding the Company's financial statements or accounting policies. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Obtain regular updates from management and Company counsel regarding compliance matters and legal matters that may have a
significant impact on the financial statements or the Company's compliance policies.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Advise the Board with respect to policies and procedures regarding compliance with the Company's Code of Ethics including
review of the process for communicating the Code of Ethics to Company personnel and for monitoring compliance.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review periodically the Code of Ethics and ensure that management has established a system to enforce this Code. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review activities, organizational structure, and qualifications of the internal audit function. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Review, with the Company's counsel, any legal matter that could have a significant impact on the Company's financial
statements, related Company compliance policies, and programs and reports received from regulators.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Report Committee actions to the Board of Directors with such recommendations as the Committee may deem appropriate. </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Possess the power to conduct or authorize investigations into any matters within the Committee's scope of
responsibilities. The Committee shall be empowered to retain independent counsel, accountants, or others to assist it in the conduct of any investigation or as it deems necessary to carry out its
duties.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Perform such other functions as assigned by law, the Bylaws, or the Board of Directors.  </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Ensure no improper influence by the Board of Directors or management in the conduct of internal or external audits. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix A, Page&nbsp;7</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=48,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=165393,FOLIO='7',FILE='DISK127:[09ZAD1.09ZAD14801]MA14801A.;8',USER='JLAWRENA',CD='23-MAR-2009;18:28' -->
<UL>
<UL>
</UL>
</UL>
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_me14801_1_1"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->





<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><A
NAME="me14801_appendix_b"> </A>
<A NAME="toc_me14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  Appendix&nbsp;B    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="me14801_amendment_to_articles___me102414"> </A>
<A NAME="toc_me14801_2"> </A></FONT> <FONT SIZE=2><B>  AMENDMENT<BR>  TO ARTICLES OF INCORPORATION<BR>  OF ACNB CORPORATION    <BR>    </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="18" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="19" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="379" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>4.</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(A)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><FONT SIZE=2>The aggregate number of shares that the Corporation shall have authority to issue is Twenty Million (20,000,000) shares of Common Stock having a par value of $2.50 per share (the "Common Stock") and Twenty Million
(20,000,000) shares of Preferred Stock having a par value of $2.50 per share (the "Preferred Stock").</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(B)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>The Preferred Stock may be issued from time to time by the Board of Directors as herein provided in one or more series. The designations, relative rights, preferences and limitations of the Preferred Stock, and
particularly of the shares of each series thereof, may, to the extent permitted by law, be similar to or may differ from those of any other series. The Board of Directors of the Corporation is hereby expressly granted authority, subject to the
provisions of this Article&nbsp;4, to issue Preferred Stock, from time to time, in one or more series and to fix, from time to time, before issuance thereof, by filing a certificate pursuant to the Business Corporation Law, the number of shares in
each such series of such class and all designations, relative rights (including the right, to the extent permitted by law, to convert into shares of any class or into shares of any series of any class), preferences and limitations of the shares in
each such series, including, but without limiting the generality of the foregoing, the following:</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><BR><FONT SIZE=2>(i)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The number of shares to constitute such series (which number may at any time, or from time to time, be increased or decreased by the Board of Directors, notwithstanding that shares of the series may be outstanding at
the time of such increase or decrease, unless the Board of Directors shall have otherwise provided in creating such series) and the distinctive designation thereof;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><BR><FONT SIZE=2>(ii)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The dividend rate on the shares of such series, whether or not dividends on the shares of such series shall be cumulative, and the date or dates, if any, from which dividends thereon shall be cumulative;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><BR><FONT SIZE=2>(iii)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Whether or not the shares of such series shall be redeemable, and, if redeemable, the date or dates upon or after which they shall be redeemable and the amount or amounts per share (which shall be, in the case of each
share, not less than its preference upon involuntary liquidation, plus an amount equal to all dividends thereon accrued and unpaid, whether or not earned or declared) payable thereon in the case of the redemption thereof, which amount may vary at
different redemption dates or otherwise as permitted by law;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><BR><FONT SIZE=2>(iv)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The right, if any, of holders of shares of such series to convert the same into, or exchange the same for, Common Stock or other stock as permitted by law, and the terms and conditions of such conversion or exchange,
as well as provisions for adjustment of the conversion rate in such events as the Board of Directors shall determine;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><BR><FONT SIZE=2>(v)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The amount per share payable on the shares of such series upon the voluntary and involuntary liquidation, dissolution or winding up of the Corporation;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><BR><FONT SIZE=2>(vi)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Whether the holders of shares of such series shall have voting power, full or limited, in addition to the voting powers provided by law, and, in case additional voting powers are accorded, to fix the extent thereof;
and,</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix B, Page&nbsp;1</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=49,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=592225,FOLIO='1',FILE='DISK127:[09ZAD1.09ZAD14801]ME14801A.;17',USER='JLAWRENA',CD='23-MAR-2009;18:27' -->
<A NAME="page_me14801_1_2"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="18" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="19" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="379" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(vii)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Generally to fix the other rights and privileges and any qualifications, limitations or restrictions of such rights and privileges of such series, provided, however, that no such rights, privileges, qualifications,
limitations or restrictions shall be in conflict with the Articles of Incorporation of the Corporation or with the resolution or resolutions adopted by the Board of Directors providing for the issue of any series of which there are shares then
outstanding.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(C)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>All shares of Preferred Stock of the same series shall be identical in all respects, except that shares of any one series issued at different times may differ as to dates, if any, from which dividends thereon may
accumulate. All shares of Preferred Stock of all series shall be of equal rank and shall be identical in all respects, except that to the extent not otherwise limited in this Article&nbsp;4 any series may differ from any other series with respect to
any one or more of the designations, relative rights, preferences and limitations described or referred to in subparagraphs&nbsp;(B)(i) to (vii)&nbsp;inclusive of this Article&nbsp;4.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(D)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>Dividends on the outstanding Preferred Stock of each series shall be declared and paid or set apart for payment before any dividends shall be declared and paid or set apart for payment on the Common Stock with respect
to the same quarterly dividend period. Dividends on any shares of Preferred Stock shall be cumulative only if and to the extent set forth in a certificate filed pursuant to law. After dividends on all shares of Preferred Stock (including cumulative
dividends if and to the extent any such shares shall be entitled thereto) shall have been declared and paid or set apart for payment with respect to any quarterly dividend period, then and not otherwise as long as any shares of Preferred Stock shall
remain outstanding, dividends may be declared and paid or set apart for payment with respect to the same quarterly dividend period on the Common Stock out of the assets or funds of the Corporation legally available therefor.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(E)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>All shares of Preferred Stock of all series shall be of equal rank, preference and priority as to dividends irrespective of whether or not the rates of dividends to which the particular series of Preferred Stock shall
be entitled are the same and when the stated dividends are not paid in full, the shares of all series of Preferred Stock shall share ratably in the payment thereof in accordance with the sums which would be payable on such shares if all dividends
were paid in full, provided, however, that any two or more series of Preferred Stock may differ from each other as to the existence and extent of the right to cumulative dividends, as aforesaid.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(F)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>Except as otherwise specifically provided in the certificate filed pursuant to law with respect to any series of Preferred Stock or as otherwise provided by law, the Preferred Stock shall not have any right to vote for
the election of directors or for any other purpose, and the Common Stock shall have the exclusive right to vote for the election of directors and for all other purposes. Each holder of Common Stock shall be entitled to one vote for each share thereof
held. In all instances in which voting rights are granted to the Preferred Stock or any series thereof, such Preferred Stock or series shall vote with the Common Stock as a single class, except with respect to any vote for the approval of any merger,
consolidation, liquidation or dissolution of the Corporation and except as otherwise provided in the certificate filed pursuant to law with respect to any series of the Preferred Stock or as otherwise provided by law.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix B, Page&nbsp;2</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=50,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=548694,FOLIO='2',FILE='DISK127:[09ZAD1.09ZAD14801]ME14801A.;17',USER='JLAWRENA',CD='23-MAR-2009;18:27' -->
<A NAME="page_me14801_1_3"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="9" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="18" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="19" style="font-family:times;"></TD>
<TD WIDTH="12" style="font-family:times;"></TD>
<TD WIDTH="379" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>(G)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><FONT SIZE=2>In the event of any liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary, each series of Preferred Stock shall have preference and priority over the Common Stock for payment of the
amount to which each outstanding series of Preferred Stock shall be entitled in accordance with the provisions thereof and each holder of Preferred Stock shall be entitled to be paid in full such amount, or have a sum sufficient for the payment in
full set aside, before any payments shall be made to the holders of Common Stock. If, upon liquidation, dissolution or winding up of the Corporation, the assets of the Corporation, or the proceeds thereof, distributable among the holders of the
shares of all series of Preferred Stock shall be insufficient to pay in full the preferential amount aforesaid, then such assets, or the proceeds thereof, shall be distributed among such holders ratably in accordance with the respective amounts which
would be payable if all amounts payable thereon were paid in full. After the holders of the Preferred Stock of each series shall have been paid in full the amounts to which they respectively shall be entitled, or a sum sufficient for the payment in
full set aside, the remaining net assets of the Corporation shall be distributed pro rata to the holders of the Common Stock in accordance with their respective rights and interests, to the exclusion of the holders of the Preferred Stock. A
consolidation or merger of the Corporation with or into another corporation or corporations, or a sale, whether for cash, shares of stock, securities or properties, of all or substantially all of the assets of the Corporation, shall not be deemed or
construed to be a liquidation, dissolution or winding up of the Corporation within the meaning of this Article&nbsp;4.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(H)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>In the event that Preferred Stock of any series shall be made redeemable as provided in subparagraph&nbsp;(B)(iii) of this Article&nbsp;4, the Corporation, at the option of the Board of Directors, may redeem at any time
or times, from time to time, all or any part of any one or more series of Preferred Stock outstanding by paying for each share the then applicable redemption price fixed by the Board of Directors as provided herein, plus an amount equal to accrued
and unpaid dividends to the date fixed for redemption, upon such notice and terms as may be specifically provided in the certificate filed pursuant to law with respect to such series of Preferred Stock.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>(I)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD COLSPAN=3 style="font-family:times;"><BR><FONT SIZE=2>No holder of Preferred Stock of the Corporation shall be entitled, as such, as a matter of right, to subscribe for or purchase any part of any new or additional issue of stock of any class or series whatsoever, any
rights or options to purchase stock of any class or series whatsoever, or any securities convertible into, exchangeable for or carrying rights or options to purchase stock of any class or series whatsoever, whether now or hereafter authorized, and
whether issued for cash or other consideration or by way of dividend.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix B, Page&nbsp;3</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=51,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=672845,FOLIO='3',FILE='DISK127:[09ZAD1.09ZAD14801]ME14801A.;17',USER='JLAWRENA',CD='23-MAR-2009;18:27' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_mi14801_1_1"> </A>


<!-- COMMAND=ADD_BASECOLOR,"Black" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


 </FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>
<A HREF="#bg14801a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_appendix_c"> </A>
<A NAME="toc_mi14801_1"> </A>
<BR></FONT><FONT SIZE=2><B>  Appendix&nbsp;C    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_acnb_corporation_2009_restricted_stock_plan"> </A>
<A NAME="toc_mi14801_2"> </A></FONT> <FONT SIZE=2><B>  ACNB CORPORATION<BR>  2009 RESTRICTED STOCK PLAN    <BR>    </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_article_i_purpose_of_plan"> </A>
<A NAME="toc_mi14801_3"> </A></FONT> <FONT SIZE=2><B>  ARTICLE I<BR>  <BR>    </B></FONT><FONT SIZE=2><B><I>Purpose of Plan    <BR>    </I></B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The ACNB Corporation 2009 Restricted Stock Plan is established effective as of February&nbsp;24, 2009, for employees and directors of
ACNB Corporation and Adams County National Bank, as may be selected by the Committee. The Plan is intended to advance the best interests of the Corporation and its stockholders by providing those
persons who have responsibility for its growth with additional incentives by allowing them to acquire an ownership interest in the Corporation and thereby encouraging them to contribute to the success
of the Corporation and the Bank. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_article_ii_definitions"> </A>
<A NAME="toc_mi14801_4"> </A>
<BR></FONT><FONT SIZE=2><B>  ARTICLE II<BR>  <BR>    </B></FONT><FONT SIZE=2><B><I>Definitions    <BR>    </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For purposes of the Plan, the following terms shall have the meanings set forth below: </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Award"</I></FONT><FONT SIZE=2> shall mean a grant of restricted stock to a Participant under Article&nbsp;V. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"</FONT><FONT
SIZE=2><I>Bank"</I></FONT><FONT SIZE=2> shall mean Adams County National Bank. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Board"</I></FONT><FONT SIZE=2> shall mean the Board of Directors of the Corporation. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Change of Control"</I></FONT><FONT SIZE=2> shall mean a change in the ownership or effective control of the Bank or the Corporation as described in Code
Section&nbsp;409A(a)(2)(A)(v). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Code"</I></FONT><FONT SIZE=2> shall mean the Internal Revenue Code of 1986, as amended (or any successor provision thereto) and the regulations thereunder. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Committee"</I></FONT><FONT SIZE=2> shall mean the Compensation Committee of the Board or such other committee which may be designated by the Board to administer
the Plan. The Committee shall be composed of two or more Non-Employee Directors, as defined in Rule&nbsp;16b-3 under the 1934 Act, as appointed from time to time to serve by
the Board. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Common Stock"</I></FONT><FONT SIZE=2> shall mean shares of the Corporation's Common Stock, par value $2.50 per share, or if the outstanding shares of Common
Stock are hereafter changed into or exchanged for different shares or securities of the Corporation, such other shares or securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Corporation"</I></FONT><FONT SIZE=2> shall mean ACNB Corporation. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Disability"</I></FONT><FONT SIZE=2> shall mean the Participant's inability to perform substantially all normal duties of the Participant's position, as
determined by the Committee in its sole discretion. However, in the event that the Participant has been determined to be disabled by the Bank's disability carrier or by the Social Security
Administration, then the Participant shall be deemed disabled. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"1934 Act"</I></FONT><FONT SIZE=2> shall mean the Securities Exchange Act of 1934, as amended, and the regulations promulgated thereunder. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Participant"</I></FONT><FONT SIZE=2> shall mean any employee or director of the Corporation or the Bank who has been selected to participate in the Plan by the
Committee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Plan"</I></FONT><FONT SIZE=2> shall mean the ACNB Corporation 2009 Restricted Stock Plan. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix C, Page&nbsp;1</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=52,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=678809,FOLIO='1',FILE='DISK127:[09ZAD1.09ZAD14801]MI14801A.;6',USER='WWASSER',CD='23-MAR-2009;18:36' -->
<A NAME="page_mi14801_1_2"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><I>"Termination of Service"</I></FONT><FONT SIZE=2> shall mean the Participant's ceasing to be employed by the Corporation or the Bank for any reason whatsoever,
voluntary or involuntary, other than by reason of death or Disability or an approved leave of absence. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_article_iii_administration"> </A>
<A NAME="toc_mi14801_5"> </A>
<BR></FONT><FONT SIZE=2><B>  ARTICLE III<BR>  <BR>    </B></FONT><FONT SIZE=2><B><I>Administration    <BR>    </I></B></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Committee.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Plan shall be administered by the Committee, provided that if for any reason the
Committee shall not have been appointed by the Board, all authority and duties of the Committee under the Plan shall be vested in and exercised by the Board.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Authority of Committee</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Subject to the limitations of the Plan, the Committee shall have the
sole and complete authority to: </FONT></DD></DL>
<UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;select
Participants to receive Awards; </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;determine
the terms, restrictions, conditions, and quantity of Awards; </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;interpret
the Plan and adopt, amend and rescind administrative guidelines and other rules and regulations relating to the Plan; </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;&nbsp;correct
any defect or omission or reconcile any inconsistency in the Plan or in any Awards thereunder; and, </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v)&nbsp;&nbsp;&nbsp;make
all other determinations and take all other actions necessary or advisable for the implementation and administration of the Plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>Determinations
by the Board or the Committee under the Plan including, without limitation, determinations of the Participants eligible for the Awards, the form, amount and timing of Awards, the terms
and provisions of Awards, and the writings evidencing Awards, need not be uniform and may be made selectively among Participants who receive Awards hereunder, whether or not such Participants
are similarly situated. The Board's or Committee's determinations on matters within its authority shall be conclusive and binding upon the Participants, the Corporation and all other persons. </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Expenses.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;All expenses associated with the administration of the Plan shall be borne by the
Corporation.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Delegation of Duties.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Committee may, subject to the terms of the Plan and applicable law,
appoint such agents as it deems necessary or advisable for the proper administration of the Plan. The Committee may delegate to the Corporation's Chief Executive Officer or to other officers of the
Corporation its authority under this Article, provided that such delegation shall not extend to the Awards or the exercise of discretion with respect to Awards to employees who, at the time of the
action, are covered employees within the meaning of Code Section&nbsp;162(m)(3) or officers of the Corporation or its subsidiaries who are subject to the reporting requirements of
Section&nbsp;16(a) of the 1934 Act. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_article_iv_shares_elig__mi102247"> </A>
<A NAME="toc_mi14801_6"> </A>
<BR></FONT><FONT SIZE=2><B>  ARTICLE IV<BR>  <BR>    </B></FONT><FONT SIZE=2><B><I>Shares Eligible for Restricted Stock Grants    <BR>    </I></B></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Number of Shares of Common Stock</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;The number of shares of Common Stock which may be awarded as
Awards shall not exceed, in the aggregate, 200,000 shares, provided that the type and the aggregate number of shares of Common Stock which may be granted under the Plan shall be subject to adjustment
in accordance with the provisions of Article&nbsp;IV paragraph&nbsp;2 below, and further provided that to the extent any shares of Common Stock that are granted under an Award </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix C, Page&nbsp;2</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=53,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=148514,FOLIO='2',FILE='DISK127:[09ZAD1.09ZAD14801]MI14801A.;6',USER='WWASSER',CD='23-MAR-2009;18:36' -->
<A NAME="page_mi14801_1_3"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>

<P style="font-family:times;"><FONT SIZE=2>that
has terminated or been canceled, or any shares of Common Stock that have been forfeited in any manner, shall again be available under the Plan. The shares of Common Stock available under the Plan
may be either authorized and unissued shares, treasury shares or a combination thereof, as the Committee shall determine.  </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Adjustments</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;In the event of a reorganization, recapitalization, stock dividend or stock split,
or combination or other change, identified by the Committee, in the Common Stock, the Committee may make such adjustments, if any, in the number and type of shares authorized for issuance by the Plan
as may be determined to be appropriate and equitable in the sole discretion of the Committee, provided that fractions of a share will be rounded down to the nearest whole share. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_article_v_restricted_stock_awards"> </A>
<A NAME="toc_mi14801_7"> </A>
<BR></FONT><FONT SIZE=2><B>  ARTICLE V<BR>  <BR>    </B></FONT><FONT SIZE=2><B><I>Restricted Stock Awards    <BR>    </I></B></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Awards</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;The Committee may award shares of Common Stock to Participants, which shares shall be
subject to the following terms and conditions and such other terms and conditions as the Committee may prescribe: </FONT></DD></DL>
<UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;Awards
may become vested, and not subject to forfeiture, in one or more installments, upon the happening of certain events, upon the passage of a specified period of
time, upon the fulfillment of certain conditions or upon the achievement by the Corporation or the Bank of certain performance goals, as the Committee shall decide in each case when Awards are
granted. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;In
the event of a Change of Control, all of the shares of Common Stock under an Award shall become fully vested, and not subject to forfeiture, for any Participant who
is employed by the Corporation or the Bank at the time of the Change of Control or who has been terminated, for reasons other than violation of state or federal laws, after the entry of the
Corporation or Bank into a written agreement to effectuate a Change of Control. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;All
of the shares of Common Stock under an Award shall become fully vested, and not subject to forfeiture, upon the death or Disability of any Participant who is
employed by the Corporation or the Bank at the time of the Participant's death or Disability. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;All
of the shares of Common Stock under an Award shall become fully vested, and not subject to forfeiture, upon the Participant retiring from service at the Corporation
or Bank at or after age 62. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;&nbsp;&nbsp;Awards
hereunder shall be subject to the terms and conditions of this Plan and a written agreement (a "Restricted Stock Agreement") which shall be signed by the
Participant and an authorized officer of the Corporation and which shall contain such terms and conditions as the Committee shall deem necessary and desirable.  </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Forfeiture Upon Termination of Service</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Except as otherwise provided by the Committee in the
Restricted Stock Agreement for a Participant's Award, any portion of such Participant's shares of Common Stock that was not vested on the date of such Participant's Termination of Service shall be
forfeited as of such date.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Restrictions on Transfer</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Shares of restricted stock may not be sold, transferred, pledged,
assigned, or otherwise alienated or hypothecated until the termination of the applicable restricted period or for such period of time as shall be established by the Committee and as shall be specified
in the Restricted Stock Agreement.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Voting Rights</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise determined by the Committee at the time of grant, a Participant
holding restricted stock shall be entitled to full voting rights with respect to those shares during the restriction period. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix C, Page&nbsp;3</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=54,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=508693,FOLIO='3',FILE='DISK127:[09ZAD1.09ZAD14801]MI14801A.;6',USER='WWASSER',CD='23-MAR-2009;18:36' -->
<A NAME="page_mi14801_1_4"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Dividends and Other Distributions</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;During the restriction period, a Participant holding
restricted stock may, if the Committee so determines, be credited with dividends paid with respect to the underlying shares. The Committee may apply any restrictions to the dividends that the
Committee deems appropriate. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="mi14801_article_vi_general_provisions"> </A>
<A NAME="toc_mi14801_8"> </A>
<BR></FONT><FONT SIZE=2><B>  ARTICLE VI<BR>  <BR>    </B></FONT><FONT SIZE=2><B><I>General Provisions    <BR>    </I></B></FONT></P>

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>1.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Eligibility</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Persons eligible to participate in the Plan include all employees and directors as
determined by the Committee.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>2.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Listing, Registration and Compliance with Laws and Regulations</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Awards granted under this Plan
shall be subject to the requirement that if at any time the Committee shall determine, in its discretion, that the listing, registration or qualification of the shares of Common Stock granted under
the Plan upon any securities exchange or under any state or federal securities or other law or regulation, or the consent or approval of any governmental regulatory body, is necessary or desirable as
a condition to or in connection with the grant of Awards under the Plan, no Awards may be granted, in whole or in part, unless such listing, registration, qualification, consent or approval shall have
been effected or obtained free of any conditions not acceptable to the Committee. The holders of such Awards shall supply the Corporation with such certificates, representations and information as the
Corporation shall request and shall otherwise cooperate with the Corporation in obtaining such listing, registration, qualification, consent or approval. In the case of holders of such Awards who are
subject to Section&nbsp;16(b) of the 1934 Act, the Committee may at any time impose any limitations upon the grant and/or vesting of Awards that, in the Committee's discretion, are necessary or
desirable in order to comply with such Section&nbsp;16(b) and the rules and regulations thereunder.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>3.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Withholding of Taxes</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;The Corporation or the Bank shall be entitled, if necessary or desirable,
to withhold from any Participant any amounts due and payable by the Corporation or the Bank to such Participant (or secure payment from such Participant in lieu of withholding) the amount of any
withholding or other tax due from the Corporation or the Bank with respect to any shares of Common Stock subject to Awards, and the Corporation may defer such issuance unless indemnified to its
satisfaction.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>4.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Rights of Participants</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;Nothing in this Plan or in any Restricted Stock Agreement shall
interfere with or limit in any way the right of the Corporation or the Bank to terminate any Participant's employment at any time (with or without cause), nor confer upon any Participant any right to
continue in the employ of the Corporation or the Bank for any period of time or to continue his or her present (or any other) rate of compensation. No employee shall have a right to be selected to
receive an Award or, having been so elected, to be selected again to receive an Award.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>5.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Amendment, Suspension and Termination of Plan</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;The Committee may suspend or terminate the Plan
or any portion thereof at any time and may amend from time to time in such respects as the Committee may deem advisable, provided that no such amendment shall be made without stockholder approval to
the extent such approval is required by law, agreement or the rules of any exchange upon which the shares of Common Stock are listed, and further provided that no such amendment, suspension or
termination shall impair the rights of Participants in respect of then outstanding Awards awarded under this Plan without the consent of the Participants affected thereby.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>6.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Amendment, Modification and Cancellation of Agreements</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;The Committee may amend, modify or
cancel any Restricted Stock Agreement in any manner to the extent that the Committee would have had the authority under the Plan initially to award such Restricted Stock Agreement, </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix C, Page&nbsp;4</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=55,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=798053,FOLIO='4',FILE='DISK127:[09ZAD1.09ZAD14801]MI14801A.;6',USER='WWASSER',CD='23-MAR-2009;18:36' -->
<A NAME="page_mi14801_1_5"> </A>

<P style="font-family:times;"><FONT SIZE=2><A
HREF="#bg14801a_main_toc">Table of Contents</A></FONT></P>

<UL>

<P style="font-family:times;"><FONT SIZE=2>provided
that no such amendment, modification or cancellation shall impair the rights of any Participant under any Restricted Stock Agreement without the consent of such Participant. </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>7.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Indemnification</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;In addition to such other rights of indemnification as they may have as members
of the Board or the Committee, the members of the Committee shall be indemnified by the Corporation against all costs and expenses reasonably incurred by them in connection with any action, suit or
proceeding to which they or any of them may be party by reason of any action taken or failure to act under or in connection with the Plan or any awards of Awards awarded thereunder, and against all
amounts paid by them in settlement thereof (provided such settlement is approved by independent legal counsel selected by the Corporation) or paid by them in satisfaction of a judgment in any such
action, suit or proceeding, provided that any such Committee member shall be entitled to the indemnification rights set forth in this paragraph only if such member has acted in good faith and in a
manner that such member reasonably believed to be in or not opposed to the best interests of the Corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe
that such conduct was unlawful, and further provided that upon the institution of any such action, suit or proceeding a Committee member shall give the Corporation written notice thereof and an
opportunity, at its own expense, to handle and defend the same before such Committee member undertakes to handle and defend it on his own behalf.
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>8.</FONT></DT><DD style="font-family:times;"><FONT SIZE=2><I>Term of the Plan</I></FONT><FONT SIZE=2>.&nbsp;&nbsp;&nbsp;&nbsp;This Plan shall be effective as of the effective date specified in
Article&nbsp;I, subject to the approval of the Plan by the affirmative vote of the stockholders of the Corporation entitled to vote thereon at the time of such approval. No Awards shall be awarded
under the Plan after the tenth anniversary of the effective date of the Plan, but Awards awarded theretofore shall continue beyond that date in accordance with the terms of the Restricted Stock
Agreements. </FONT></DD></DL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>Appendix C, Page&nbsp;5</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=56,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=1015210,FOLIO='5',FILE='DISK127:[09ZAD1.09ZAD14801]MI14801A.;6',USER='WWASSER',CD='23-MAR-2009;18:36' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<div style="font-family:Times New Roman;">

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ACNB CORPORATION</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PROXY</font></b></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="84" valign="top" style="padding:0in 0in 0in 0in;width:63.0pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">x</font></p>
  </td>
  <td width="636" valign="top" style="padding:0in 0in 0in 0in;width:477.0pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PLEASE
  MARK VOTES AS IN THIS EXAMPLE</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="84" valign="top" style="padding:0in 0in 0in 0in;width:63.0pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="636" valign="top" style="padding:0in 0in 0in 0in;width:477.0pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="720" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:7.5in;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON MAY&nbsp;5,
  2009.</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="720" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:7.5in;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">THIS PROXY IS SOLICITED ON BEHALF OF THE BOARD OF
  DIRECTORS.</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="720" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:7.5in;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="720" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:7.5in;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">The undersigned hereby
  constitutes and appoints Wayne E. Lau and Robert W. Miller and each or either
  of them, proxies of the</font>  </font>undersigned,
  with full power of substitution to vote all of the shares of ACNB Corporation
  that the undersigned shareholder(s)&nbsp;may be entitled to vote at the
  Annual Meeting of Shareholders to be held at the ACNB Corporation Operations
  Center, 100 V-Twin Drive, Gettysburg, Pennsylvania 17325, on Tuesday, May&nbsp;5,
  2009, at 1:00&nbsp;p.m., prevailing time, and at any adjournment or
  postponement of the meeting, as indicated upon the matters referred to in the
  proxy statement, and upon any matters which may properly come before the
  Annual Meeting.</p>
  </td>
 </tr>
</table>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="250" valign="top" style="padding:0in 0in 0in 0in;width:187.85pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="292" valign="top" style="padding:0in 0in 0in 0in;width:218.9pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For</font></b></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Against</font></b></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Abstain</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO FIX THE NUMBER OF
  DIRECTORS OF</font>  </font>ACNB
  CORPORATION AT THIRTEEN (13).</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO FIX THE NUMBER OF
  CLASS&nbsp;1</font>  </font>DIRECTORS
  AT FIVE (5).</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO FIX THE NUMBER OF
  CLASS&nbsp;2</font>  </font>DIRECTORS
  AT FOUR (4).</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO FIX THE NUMBER OF
  CLASS&nbsp;3</font>  </font>DIRECTORS
  AT FOUR (4).</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="250" valign="top" style="padding:0in 0in 0in 0in;width:187.85pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="292" valign="top" style="padding:0in 0in 0in 0in;width:218.9pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="bottom" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For</font></b></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">With-<br>
  hold</font></b></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For All</font></b><br> <b>Except</b></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO ELECT FOUR
  (4)&nbsp;CLASS&nbsp;2 DIRECTORS TO SERVE FOR A THREE-YEAR TERM.<br>
  John R. Schnitzer Alan J. Stock</font>  </font>Jennifer L. Weaver Harry L. Wheeler</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="250" valign="top" style="padding:0in 0in 0in 0in;width:187.85pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="292" valign="top" style="padding:0in 0in 0in 0in;width:218.9pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="702" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:526.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">INSTRUCTION:
  To withhold authority to vote for any individual nominee, mark &#147;For All
  Except&#148; and strike the name above.</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="702" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:526.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="250" valign="top" style="padding:0in 0in 0in 0in;width:187.85pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="292" valign="top" style="padding:0in 0in 0in 0in;width:218.9pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">For</font></b></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Against</font></b></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Abstain</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO APPROVE AND ADOPT THE
  AMENDMENT TO</font>  </font>THE
  ARTICLES OF INCORPORATION OF ACNB CORPORATION TO AUTHORIZE PREFERRED STOCK.</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">TO APPROVE AND RATIFY THE
  ACNB CORPORATION 2009 RESTRICTED STOCK PLAN.</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8. </font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman"><font style="font-size:10.0pt;">TO RATIFY THE SELECTION OF
  BEARD</font>  </font>MILLER COMPANY,
  LLP AS ACNB CORPORATION&#146;S
  INDEPENDENT AUDITORS FOR THE
  YEAR ENDING DECEMBER 31, 2009.</p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="720" colspan="6" valign="top" style="padding:0in 0in 0in 0in;width:7.5in;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Board of Directors
  recommends a vote <b>FOR</b> all
  nominees listed above and <b>FOR</b>
  proposals 1, 2, 3, 4, 6, 7 and 8.</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="542" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:406.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="49" valign="top" style="padding:0in 0in 0in 0in;width:36.7pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="47" valign="top" style="padding:0in 0in 0in 0in;width:35.1pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="64" valign="top" style="padding:0in 0in 0in 0in;width:48.2pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Wingdings" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="18" valign="top" style="padding:0in 0in 0in 0in;width:13.25pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9. </font></p>
  </td>
  <td width="702" colspan="5" valign="top" style="padding:0in 0in 0in 0in;width:526.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In their discretion, the
  proxyholders are authorized to vote upon such other matters as may properly
  come before the meeting and any adjournment or postponement of the meeting.</font></p>
  </td>
 </tr>
</table>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="535" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:401.4pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Please be sure to sign and
  date this Proxy in the box below.</font></p>
  </td>
  <td width="185" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:138.6pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="535" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:401.4pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="32" valign="top" style="padding:0in 0in 0in 0in;width:23.85pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date</font></p>
  </td>
  <td width="153" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:114.75pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="330" valign="top" style="padding:0in 0in 0in 0in;width:247.5pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="20" valign="bottom" style="padding:0in 0in 0in 0in;width:15.35pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="370" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:277.15pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="330" valign="top" style="padding:0in 0in 0in 0in;width:247.5pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="20" valign="bottom" style="padding:0in 0in 0in 0in;width:15.35pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="370" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:277.15pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="330" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:247.5pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="20" valign="bottom" style="padding:0in 0in 0in 0in;width:15.35pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="370" colspan="3" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in 0in 0in 0in;width:277.15pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="330" valign="top" style="border:none;padding:0in 0in 0in 0in;width:247.5pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Shareholder
  sign above</font></p>
  </td>
  <td width="20" valign="bottom" style="padding:0in 0in 0in 0in;width:15.35pt;">
  <p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="370" colspan="3" valign="top" style="border:none;padding:0in 0in 0in 0in;width:277.15pt;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Co-holder
  (if any) sign above</font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="330" style="border:none;"></td>
  <td width="20" style="border:none;"></td>
  <td width="185" style="border:none;"></td>
  <td width="32" style="border:none;"></td>
  <td width="153" style="border:none;"></td>
 </tr>
</table>

<p style="margin:0in 0in .0001pt .1in;text-autospace:none;text-indent:-.1in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .1in;text-autospace:none;text-indent:-.1in;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Detach above card, sign, date and mail in postage paid
envelope provided.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">ACNB CORPORATION</font></b></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">THIS PROXY, WHEN PROPERLY
SIGNED AND DATED, WILL BE VOTED IN THE MANNER DIRECTED BY THE ABOVE-SIGNED
SHAREHOLDER(S).</font> IF NO DIRECTION IS MADE, THIS PROXY WILL BE
VOTED <b>FOR</b> ALL NOMINEES LISTED
ABOVE AND <b>FOR</b> PROPOSALS 1, 2, 3,
4, 6, 7 and 8.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt;text-autospace:none;text-indent:.3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">This Proxy must be dated,
signed by the shareholder(s), and returned promptly to Registrar&nbsp;&amp;
Transfer Company in the enclosed envelope. When signing as</font> Attorney,
Executor, Administrator, Trustee or Guardian, please give full title. If more
than one trustee, all should sign. If stock is held jointly, each owner should
sign.</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PLEASE ACT PROMPTLY. </font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGN, DATE AND MAIL YOUR PROXY CARD TODAY.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-autospace:none;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p style="margin:0in 0in .0001pt 1.0in;text-autospace:none;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">IF YOUR ADDRESS HAS CHANGED,
PLEASE CORRECT THE ADDRESS IN THE SPACE PROVIDED BELOW AND RETURN THIS PORTION
WITH THE PROXY IN THE ENVELOPE PROVIDED.</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">PROXY MATERIALS ARE AVAILABLE
ON-LINE AT:</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;text-indent:.3in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">http://www.acnb.com/home/acn.acn_meeting</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-autospace:none;"><font size="2" face="Times New Roman">&nbsp;</font></p>

<div style="margin:0in 0in .0001pt;text-autospace:none;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- ZEQ.=1,SEQ=57,EFW="2191792",CP="ACNB CORPORATION",DN="1",CHK=572006,FOLIO='',FILE="DISK129:[09ZAD2.09ZAD14802]1948-2-BG_ZAD14802.CHC",USER="MREYES",CD='Mar 24 09:49 2009' -->


<BR>
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g677263.jpg
<DESCRIPTION>G677263.JPG
<TEXT>
begin 644 g677263.jpg
M_]C_X``02D9)1@`!`0$!K@&N``#__@`J35),3%]'4D%02$E#4SI;04-.0E]#
M3U)074%#3D)?2U],3T=/+D504__;`$,``0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`?_`
M``L(`*H`R@$!$0#_Q``?``$``00"`P$`````````````"@<("0L!!0(#!@3_
MQ`!<$```!@(!`0,'!P0+"@H+```"`P0%!@<!"`D`"A$2$Q0:(5B8UQ49,5%9
ME=86%R)!&",R5F%X@9.6L](D.5)7<7-YD;;!)3A5DI2AL;?3U4-&8F:"A8:7
MHK+P_]H`"`$!```_`)_'3ITZ=.G3ITZ==#)Y3&85'WJ63&0LD4BT;;5;U(I+
M)'9`Q1]@9V\D:E>[/;TZJ$C8TMB).68>K7N"I.D3D@&:<<``<YQ$%Y(>UQZZ
MTPZFTYQTPLG<FY%;@:PAL%83(VVB&=Y,-$C1HXR6UD))M=;H:O\``44EB6([
M%%Q!Z90T3=Z$8)&'&17W:%.<_CHDK%->4W4"73JA;Q?R9)'#IS4N-?Y+$&96
M6#*F)5=+8XR%10DYH1'$N8*[MEG<YEW!)`L?F8IS-<@S!N/7F1T&Y,VSR.M=
MR(Q62D;_`)1?J*L-,"#W2PD%)B%"]1F&KE:@$H:6SS@LEPDL"<Y9&4JC/D3W
M8HSN#G*1C.,X[\9QG'UXSWX^K_MZYZ=.G3ITZ=.G3ITZ=.G3ITZ_(N7HFQ(J
M<'%6F0H4*8]8M6*SRDR5&C3%B.4JU:D\99"9*G*`,T]0>86026$0S3``#G.(
MLG)9VK71_4(4CK'5G)&Z5_(<J6HG,%=L)Z#BS[^V$%AD5K)`JBYL:D/R4:)D
MJM+(4Z\0#FI3+X\NP,9&$>-<>O/;VB!]8[9WMLQPU$U!7*R'Z'P-_87F(1P;
M88H`,A766L29W(DC^L^3U1AC19%YO*52XMQY)K1)G]!GS8,N[CAX3-!^,9H*
M5T55I4GMU2D+3OVP=K?)TSN!TQX2,J$K0^&-R1M@+&>>06:9'X`U1Y$JR2D,
M>#'E:D*7=9/9]74!M6'2&O+,A<5L&!RUN4-$HADUC[5*(K(VM4'P*6]\C[VD
M6M3HC/#GN,(6)3@9^G&,"Q@6(;_(QV1>LY0\K[\XL[-7:NW(U.7Y4M-/R.2R
M0%5">TYHUH3ZTL%MRX6'3COA5C)[828=+8LF4^;H&XN&M)0#4UBM%\^_+9PX
MV.QZN\R>N]A7#!4YF$K)9S^8A*N<]A(R(`WN$W&A4K:NV2:$>#"LGY=G@,L"
MJ$<C>K`2K4XFTB9UHARAZ2<D,,-EFJ=VQ^:N383@V55L[8'%;;A`O*8)SF5U
MP]"(D2-O$=WE)9&@(=(FY&`-PU/Z[R1F0Y`\9QG'?C/?C/KQG'T9Q]?3ITZ=
M.G3ITZ=.G3ITZXR+`>[OSW9S]&/ISG_)C'KSW?K[L>KJ.UR9]I9X_>/@MY@L
M3DY&V.PZ(*U)^:FDI$RN,=B3LF"I*PGM6UBAN44AHD[BE&WND?9P2Z>MQ_=A
M;$490O.0QNBJR[0=VE0\EPLAP#I?H*YK<N;8W.K9)ZSJF1LJK*4](:QPPH6;
M7V879;#BE#3(98I*JOSU.NPUOL95J#D@I2/&7V>C0#C3$T3B-PX^^-B4)2<P
MR_KH0M+T_,C@4+)HCZPAY2<<3JTH!PC,)%[*G7S7"0>$3E-70HL.>L[.`X#C
MNQCN_7G]><Y^O.<^O.?X<YSGKGITZHW?&O5(;/5L_4_L'5L)M^LY*7@#Q#9X
MP(G]F/.`$>$[@F*5EB.:WE`(P1S8^M)Z!Z:U.`JFY>E4`"9B&#O3V2B3UA-4
M.R_#9>\GI2R82<9(V&G)K8<F:7-L=F]*,Q-FFK]2GF29@<EHB\(B6.RE"YM4
MGK3C%UA-C8'+?FC6LO::N0'CLLI)JSS;ZPV*\JFHSS0-L-T.:8'=J=J3FE-X
M'XY@)PSU+?$5",C."9C`W:.JEY852\3[,%I@"A32]/\`?/4??.O$MF:I7G!K
M=8!)2%#PVL;EA)-(<:H&,H*">P!V"AF<'<<G%&@+325D;@K``PJ;CEJ$Y.J.
MN\^GZ.G3ITZ=.G3ITZ=<9S@/KSGN^KZ\Y^K&/ISGU>K&._.?U8ZPH\EG/?H#
MQH-S['Y]8J>W]@&T>4276^G'-GD5C)',:8*@G\OU8E>(_5C2`!R4Y4IEZTA]
M-2'^688Q(#BQIL11G;9'M`/:1)"YQ/7"+.^EFA<A,7(7"1)G:3P"JG6-84X:
MW-MF5Z$,*2>[`NXQ%J6]UA%8M!,3&<8-._1=K1%'N9,@WC1[+SH'HEEEGUMM
M2?<N_FTY(X)IQ;\6;":WB+FER4<4HKVF!JGR.H52=646J2O\U<)O(DBP@E8T
M+&,>,DXDL%E%E`"`L`0`"$(0A#CNP$(<=P0XQCU8"''J"''<$./4'&,8QCKS
MZ=.G3ITZMOV@U"UHW0K-;4&T5,0:Z*^6F84ELDQ:\J#V=P"`10'B+/Z$Y#)(
M<_%%#,*)?HH\,SP44:<4!;Y(XTL<+#;WLK.T.G]@+MLN%+9V>L$UC"D]T8*4
M?)F;`K5:VLP(#E\=@-W)7%LCL\;5AP"TF8+:K;'$+BQ$C1/<ME:PS"5=^K2K
MM6&PFKU@IM5>:[7.P(7-(Z-&VO=U,E=KH-9C$0<7D"-[M.A%;>T)I`VKN[S\
MZ8U:)K\X;P94LT%DAIH!#FIZV[6:Y;@5L@MW66Y8#=5>.`BR?RC@K\F=2VQ>
M8F*5B99(VY\B\Q.1)B#R1KHW*&UG?F\0\%K6X@S&0]7!=.G3ITZ=.N,YQC'?
MG.,8Q^O/6+GD,YC=">,QC4BV1N-"*RS6H3I'*"KPM--+PE`!E8-0Y3PM*M2D
MQ5N<\>/#?)K$=8;%%8B3RT[V<<2,GJ'C8/*ESH<_TI?Z7XSZ7DVJ^K_RF)CE
MMD1>3JXVN*;#Q>;*`6SM*M3,J5GP:C-+<E59TFU)Y::@.6MR@$[0A"8/,3QM
M=DUTWU=4M5I[FNQ.[=X]WRDH894T&(->HV]*L`.5FIH`X'+'6SUZ=28K)P_6
M<N/9W,LTMQS7K0Z%$G$RNF=F:8\UMK&PMC>RLK.A2M;0T-2),W-;4V(2"TR)
MN;6]&40C0($:<HHA*C2$DIDY)991)0``"''9=<9S@..\6<8Q]><XQCU_1Z\_
M7UU3T_,D<;%CU('9M8F=O*$>N=7E<E:6Q&2#&<B.5.#@:F1IR@XQG.3#CP`Q
MCUY%W=6?3'DGX\Z\<,M$[WHU`B#OA-E7EJD6R-/-;EA/@`3,&Y1*)@%3@`RS
M"QE_M?B,"87DL(O&'OI`W<T'$VZKDK<CY%].<J5IH22,*+[@*(G)@L"%CRJM
M<[)DB8'<'/>8I/)*QGN#D>!"#C-7XER3\>,]<OD:$;UZ?2UX\&#,-4>V4IQT
M<1@S@S.!`1IIB,\S'<4:+]``LX"6,6<8"$6<7>,4EC\H;2'F-/;5(6A5CO3.
MC$XHWEM48[L"[R5[8<K2&X\(@Y_0.SZA!S]&<=_<X$'.?#@6/%W=_A[^X6,?
MPASZ\?RXZ\NG3Z?IZLUW+X_-0-_J_-KG:^C89:[24D6)X^^.:'+?.H0H6%#`
M)R@<^:1HI;$%X!B";D3,[)T:O(/(.2)>D,/3&PNMF.S7\B?&98;AM1PC[-V9
M*\I!F>>U*<_,42O%)'\'><!:#%:O#?4>PD<3B`)0LCDK8(TZ&>!*4W1>4+1&
M&@N(T,[6TJATT+UGYAZ)D^O-I14X,9D]V1>"REJ2MK\E'DL0KDU_7-XYS`51
MB8)8W%W@9<G0*751@Q+`HVQF9-0S+Z4O:F]CZXCMNT/9L)MNLY6GPH89M`9"
MW26/KNX!8CTF5K<<<%&ZH1FA3NC*X!2/#2LP8A=$"-8480"K'3ITZ=60[W\B
M6IO&[48+CVPLY+!6)S5+6J&QU`WK)%/+%D*%&%<;'()$6L`U[RX!),3Y6+5`
MVZ.L8%:57)'QF0G`59A*;"]HLY->6>TI1J3Q!4ZX4?#G-,I,46JX/D6:+O#"
M2?[B<Y+*;+E+XWU1KZRKAJBP%'L[BX3-&J*3)8[/C'E:%N#>CQY=E_U7A\B1
M[!<I.ST1W`O-Y7CDS[6#7:OEZ>P^J18,\YL.</SJALZ[G@!P"EJDUP.A<84'
M#4-CNQ2UN#A2HF"0)[UQJR(L,!K1VIBOX-%D!37&H="W6!Q>+Q]M)QG!2%E8
M&16A:FQ*#OSG!*-(2#.1"$+&1"%G/V'YW:L_QD0'^FD8_P#-NGYW:KQ]-DP'
M^FD8_P#-NL(O)7VC[CQXYE3Q`%$N5[);!MZ1:$5,T6O8WP,9>"R`C0-]IV&>
MM%$J]PI/&`"UM*'*)PW)!>?"@YQ)B3SJ$3N+VM/E)V1$O9*=D$'T[@:KSL@+
M=2[*6]V$K;SU`S$Q;M:T^)?'E*Y(R?(D?*<"9X`(X8#CO(%@/PG)CT6WLML3
M?JS#A>=[W'<BX)AQ@%5IV;-K`-*$H5&+CL$?E6^.H$X#%AQJG)9`"R\'F#,"
M#`A9SU1;N,'W9P#O^K("@XQ_^(<8[^O+P'Y^D!V<?5D(\X_U9QUQW&@[\Y+S
MCN^GQ%8SC'^7Q!SC'52ZYNZY:>6X<ZDMFRZM<\9-$%QKF>RR#+@Y/`$L_(54
M7=VH[&3BP!+-S@7>8`(0C\6`AQC*A0/:$^8773S)-$=W[5F3,C+"GRPW=A@O
M9N.2`,P9A+YU:C1)Y`D+QW>3`8VOJ%241^T$GEE?H]9DJH[:KOK'`MR:WM:-
M7+02)E!PW%3&`6;5;\XI19!DDDI6&73MA0*"L^5P)3B-J"S@B+P)*6(L0S<F
MM;=MWUV<D>!6_HU=<-78P?C)=:VI7]DI!Y"(/FV<"E3/5:DK!H<C\OW@.\AD
M`,EY48,SY*X9L[:AQHGH$QKK0.[#>XC`+*I$EA-)N:=./!@PA"4O_/DA\YP(
MO`#,C\T(\(AY+\.?!XA?N]-+XP?\1N[_`/\`;JE/C[UQGMI7&!G'=FC-WLXS
M].,UU2><9_DS?O6/;?'M`'9X>2&%J(KM-I!M_*WPE%A)&;68*VHV*W-!Q%A/
M\U,BMDMEZ?+I*-*:H,4_DT]#>X:N4>`;M&W`(`AQ%<CF\Z[CUV54V7Q$;1;6
M1.L%V$3D-IOF'P*)OCB:2J/";$+1@$0G%DU%;34G2%DB2R=:T,*L_P`]4!2Q
MN.JTH%A^Q3[/UST/O+JV696%N4PVUI?=(1.-2J422!.2A55D_8G]X/8"W1F9
M'U4JD\(>DSD2$"R-JG66MIJ8>'%%(R,F99TLE?ITZ=01NW"]_P":SCQQC_&!
MLA]&/_=6HO\`=G/J_7_)UKPL8%CZ,9_E#WX_U9QG'7/>+_!Q_-A_L].\7^#C
M^;#_`&>G>+_!Q_-A_L].\7^#C^;#_9Z[R-QB335^:(K$8^]RF3/Z\AJ88W'&
ME>]OKTYJQ8+3-S.RM2=4XN2]2/P@)2(4IZ@X><!`6(6<=\GG2OLD?)ILP2RR
MB\$\(TSKUT3DKAG6TJ-E%L#;E)8A$&(J>AJDY8W.`1X+PI:+`E=?N"4H8Q&I
M_."O-!R0]?.Q>:!P-$0JV#OC8>_Y&#*L!Q,=51>D8,:2H))`FSAB:&Z:S$*U
M`<$\T"G\X84JKRA8#VS`2LA,RDP?LU?"G!4#4D2Z/Q&2*6DP9X72=6'<LR7+
MSQY%D0W8+S8AK:Y%=PNX*,]N\Q+Q@/DTH<AQGJJ/S`O#E]GUKY]R2#\2=?`2
M?LWO"G*RG<"W1"OFPYX(,).51>;W'%#40AD@)">T%,-D(D30>5@L!A8D*0H'
MEO&8868(T[REB-G]CPXEIR3W0U7LY31X5"M06*$W&@DB803T?D$Z$Y-:4*G1
MHD*)3C"TOR*TAP.-$:2I<#$PBRB<5-M=A_6A"N64;O\`I3S/).!C8P6S0IR0
M`C\>7,:D:^60BQ%GDRA]Z9(X.1$+,&5X3UZ9K-P,IN!BBMSL@G+O765(H4T:
M\7L24CRL)_-K="9@6'B\LJ!Y@!#;\>K3&5X"2"E`\85B1BPL()(6GGEJ`%8V
M9OP.\PE?+/,7[CTV47'^;&*\F0J&$64@"466$T01.E<NDJ;0G^`>/"D$JPK&
M/`RBR!F%F!#:J?QW[^I3SDRC1[;\E0F.-3GDF:SW4$PDXD8BS2C`YA'>$PLP
M(@##GUA$'.,^O'7J^;VWW]B+;SW:;I_!'3YO;??V(MO/=ING\$=/F]M]_8BV
M\]VFZ?P1T^;VWW]B+;SW:;I_!'4R?L<.M>Q5&[*[C.EUT'=-0-CY15?-[*XV
MC5<[KY`[KT]DJ%2A$UJY:PLZ=P5D)O[H.3)##CBB/VX8,%]XNM@CTZ=.L+/,
M?7G#C/XY0I7+P\01HCK6_P!@'4:*<63;%=$'OBIIC)<\"A.JQ\9#G81;85&L
MJ27P2A,DR),8A"6H.-$+!'^QR[%=^_+7OWFMM_QYT_8Y=BN_?EKW[S6V_P"/
M.G['+L5W[\M>_>:VW_'G3]CEV*[]^6O?O-;;_CSI^QR[%=^_+7OWFMM_QYU?
M7I7LMV6GCT<I*_:CW=J55LHEN"RGF:*)=94^G>4!9&",LK7.+(*ELJC\>48"
M$];'X^[-;.XK`A6N*-6J+*-+R)XY^.''&.['(+KWC'U8>W_&/^J-]<_/\\.7
MV@NOGWX__AOI\_SPY?:"Z^??C_\`AOI\_P`\.7V@NOGWX_\`X;Z?/\\.7V@N
MOGWX_P#X;Z?/\\.7V@NOGWX__AOI\_SPY?:"Z^??C_\`AOI\_P`\.7V@NOGW
MX_\`X;Z\,<^W#=CUXY`M><9^O#T_8^CZ/_5K]73Y_;AP^T&U_P#Z02/\.]/G
M]N'#[0;7_P#I!(_P]T^?VX</M!M?_P"D$C_#W3Y_;AP^T&U__I!(_P`/=/G]
MN'#[0;7_`/I!(_P]U<+K/RE\?&XEC'U+K'M95=SV.GC3K,#XC#7-X6NQ499%
M38B=7@9:YH1$!2(E3RV$G"\OY3QK"O`6/'CR'(#TZ=.HFO:H^-+=7D;@&FC/
MIK3HK=<ZJFMU.4\2@GM<083$WR^-U\D8%F3;#ET3)<2UJN/N:40&DU<H2C`6
M)4020>`[J&IZ+]SD^Q@;[P.M7Q@Z>B_<Y/L8&^\#K5\8.GHOW.3[&!OO`ZU?
M&#IZ+]SD^Q@;[P.M7Q@Z>B_<Y/L8&^\#K5\8.GHOW.3[&!OO`ZU?&#IZ+]SD
M^Q@;[P.M7Q@Z>B_<Y/L8&^\#K5\8.GHOW.3[&!OO`ZU?&#IZ+]SD^Q@;[P.M
M7Q@Z>B_<Y/L8&^\#K5\8.GHOW.3[&!OO`ZU?&#IZ+]SD^Q@;[P.M7Q@Z>B_<
MY/L8&^\#K5\8.GHOW.3[&!OO`ZU?&#IZ+]SD^Q@;[P.M7Q@Z>B_<Y/L8&^\#
MK5\8.GHOW.3[&!OO`ZU?&#IZ+]SD^Q@;[P.M7Q@Z>B_<Y/L8&^\#K5\8.I!'
M9J^%KDMT$Y$7F\=L]=3*OJY9K=:4#3R@5JTW,PBE<AD]:N#.TY:8+8,E?097
M)&)V.PLRV?)Y.$0@*E9!IR4!\^WITZ=1-.U2<E>ZW')`],GK36XS*A<K4F5V
M-<]/!`ZWG/R^@B4=KQ9'TPBK$B$L*;L(%3\ZJ,&-`$!ZD1V`JS3R22R@PU?2
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MPM$-4D/-)2C(GV].G3JTO:O134;=]MAC1MA0D!O1NKQ>\N<+2SI"N6`CBZ0I
M$*)[/;1(7!O,+RYI6QO*5@,&:4;YDE'Y/!A!8\8I-K>+;L_&E%'378C9#3K6
M:NJO@J$2AQ=G%FD!R]V<SBS<M,5BK,3)?E"3S"1*"LHH_&6@H]S=%/B\F6!,
M0J4I_O:3X9N#?8*H*PO.L-$=>7ZN[>@,3LB%.X&-["-;&9DR(GYH-4$DRI0%
M*M`C7%DN"(1QAB%>4I1'"\LG,QBI_P`P-PY?9]:^?<;_`/B3I\P-PY?9]:^?
M<;_^).GS`W#E]GUKY]QO_P").GS`W#E]GUKY]QO_`.).GS`W#C]GUKY]R/\`
M^).GS`W#CGZ./K7O/_R1_P#Q)T^8&X<OL^M?/N-__$G3Y@;AR^SZU\^XW_\`
M$G3Y@;AR^SZU\^XW_P#$G3Y@;AR^SZU\^XW_`/$G3Y@;AR^SZU\^XW_\2=/F
M!N'+[/K7S[C?_P`2=/F!N'+[/K7S[C?_`,2=/F!N'+[/K7S[C?\`\2=/F!N'
M+[/K7S[C?_Q)T^8&X<OL^M?/N-__`!)T^8&X<OL^M?/N-_\`Q)T^8&X<OL^M
M?/N-_P#Q)U<)K1Q9<?.G5C'6WK)JG55,V.HC3K#SY="VYV2.QL9>U38M=6<9
MBQX7$91K53,V''!\AY3QHRO`8#'CP*__`*=.G7I4*"4A!JE2:60G(+&<>><8
M`HD@DL.1FGFFF9"66426$1II@Q8``L`ABS@.,YZTLG+5R?[1\E.R4GDUZ66Q
M2*!5U)Y7&*9@=99>&ZE(G&$3VM;R7Z$M#N:)T<W*8)$:5V=IQ*,'2Y](-1)%
M`VQD;FB/-,T/L;O(E^=?7.Q^/.>NP39GK6>NLRF<*3O$I=*2GLB&=*F,D)AI
MAQV:\LQX,5".%X0@9[#:$)!0$S/C/4U[IUTDDDL>AL?>Y9+7UGC$7C32XOTB
MD<A<T3*PL#&T)#5[J\O3PY'IFYJ:6Q$0<L<')>I3HT28HP]2<64`0L0\-^.V
M):JTL_/%:Z.U4^;;S1`M-:,64]KEM>T=EPP9E,$V,#"A76'8Q)*W'DL&(F*(
MLCN#R9K#)7)(J3K<U+U[<.U6;R0<^S958.GW&O$)<W$NT)CCQ20YA<`$*S`%
MK8:I@\H,M-3$TBU&JR6M#/W=LF",U$1@V&HLJCCLUFDNL_:AZ=;7>15GR-:8
M;;K4PR52>!W1K@R4^8O3(4N%9B-D=(/$DR0IS=EH1-'FKQ*&MORD&6X9?FA1
MXL)[/X=VJ2T]2;5<M<>9G0"RM9+99P%&#EE)E`E$8>D9QXT9,B:X9,))@#Q"
MSCDRKS2:5Q:ECLKD<0H2H$PCB#`A[/1OD7YAN9=[W&N#1.]=4-=:-J.YE$&I
MRNKXU_>)3+7>)N3$N>X*NF,L8'V0Y:WMS;$:$Z8#3)'M&UNSBM"RHSF]$E2G
MXA=].=_M&'&S=BBB=JTNOL2E!S=A^BDB9*1C<A@%B18Q2:D)E,"E9#DG(>FK
M*DD:5:E4IFY_8EX1-LB96APQA,*LG%7VO>X'/8)%6W)P"O3*8L56V,S1==>P
MH,*4TL^&"-3E.LT86M0YD2FO70\Y(4_."0I*_P`-``Q]("]M8%C61L+&IU;'
MUL;WIE<$3LT.R%(YM;HVJR%[<Y-R\@M4A<&]<E,-2K4"U*:4I1K$IIJ94F-+
M/(-,*,`//8=8]=WZSY()VX0!7H=LWKY1+>W)7M-8;-=U".UKG2%4I/1&LCJQ
MOK9)T.6D#:G)5HE#,-D"%6-7Y^-X%Y$I"7"$Y%.<OM$'&)L$NU[V6=-;$[N>
MU%RB#SF)4:T.]>V9"E*I2B3RF&O"Q4VKS$Y"Y&K;'AH>&QK?V)T2FI7)M*).
M;U:[/)INA[3;LU0<%O.Q-EM'==!66RM,NBE;R_6ITEL[20U^;D[HR.<S3QYP
M1-46>71`J3+RHM\H.KHWHU));^)F>`JF9)@?Y)N=?GWXOMG7K5Z^;(U(D,G2
M1>.3M@E-=4J@=(K*(7+,N);*\(L/@F-];E05C0[-;HU.S2E4(G)M582FN+88
M@=%M0.+CF2[03RSVW8=-:\W'I'#I-6];9M!Y6W!3BUB95C$&5L$0RB:U$/8Y
MLL-=OE"1)%/D5B%&CRB(5#\]\X"2F/RN7?)>UT:Y0QZG3*V<>.VR9N;#'!?$
M:>ATB5SU`F084GK#H]%)`;3:R6+S"`@\#*Q+)&^.`_(I65D4+1C+-Q%4OVUS
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M%HM*/(18\K*J?EY68]9+$62,!A*A=F.+#WAA">`19$F9F-9^B),$6-V7%)1'
MIO%XY-(B\H)'%)<PL\GC$A:E`%;6_1U_;TSLR/3:K+_:E2!T;%:5<D4%_M9R
M<\LP'Z(L==]G/=CO^G^#Z\Y]6,?RY_7]&/U^KK50=I(YPI[OQ?TUU/HZ8'-.
ME%&35QCA)4<7F%I]A;`BBXYL=+'DZU$I&G?((V.Z9635+$$0VD:`&)PXE*GI
MU:P1_(1V0;B:A-P/<NY++\B:&3L]43C\@-7XW(4/GC7BSV%(A=YE<1S>L+\S
M7J8(!U9H_7JP>%Z=LF)LE?2R44@B;`N(V*^,8#CNQCNQ_OSGOSG.?ISG.<YS
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M0KDAQR56E-*4)S3"3`#%V74+WM@4,@\@;.+!QEK.G4@,W!<H6Z.A:#*QT+@T
MI1013+&=.64F6'*TSA\CH%0T`4:S)ZE$1@I,:,8RC9GB<LLDD!)199)1.,E%
M%%`"64444+)9198`8P``"RPA```<8"`(<!QC&,8QC5D=L>_OM4;_`(H%*_[9
M6_U<)V)S_C[;5_Q0#?\`OMK'K9<"#@6,A%COQGU9QG_^_P!6?IQGUXZU4O:\
M=9JWH/E0(G%<H$#*/9RBXG>=A,Z$\D!6+-'+IO7LED)+60G("VAEZ2%,T@<S
M1"/&\RE3)7LT[*A<>`-$.RP7Y85.\Q^O$,B3FK+BNP;/9E0V8PA4&!1/D9#7
M<HL%G4'I_":5E7')C"&!\0JL%!4%%DN","@E*Y+L&[<@.?$$(OH\0<9[O\N.
M_KRZXSGNQG/KSW8[^[&._.?X,8_7G/ZL?KSZNH7<S<5/+EVGZ&P9*=E_U2X<
M(L.6O)B=8G61EUV!0.34O4"QD8EB(M]'<JJ)QI<WY+P<H:*%?/TB!@'DN4)O
MGI]7&_&HMY:EV:,I/'KAA*UB0O\`A*G6K(=,$9I+S!9VVIS>X!KE#9BWLTB(
M)\905@$)[><8%,L/P+2(W#54XHFV+(IBRF51';"JB=2JO)JQJP9":URB'/:U
M@>T8L""'!A0%Z`[)!H<9*4)A$GE",)-`,6SB[)%R,D;1Z+*-1YV_>=W)I8)O
MB[.4O4IOE"1:^R$]696;BC*Q@@Y03`%9+E6J_!)!P&UK;H0)6K$>\E!ZRK\\
M&S4CU(XF=T+BA;H4S3<-9):WASEG)7G;>_7/*X_4I3JUA-%@(G9D;YBY/C;G
MP'>26-I2D1!Q9!@,Z8'OQY7&<=X@A%C.._Z<@+^CO[N[U^$/KSZOK]76ZCX0
MJA3T?Q*\?\%(18;SE&L]=3YU2Y+,*-"_VVW#M9_&H`<G3'!4#=IHJ\J$TK`R
M_"$K`C`%@,%E1Z=/I^GKX"&516%<NT\?J_KJ#0A\M*5F3JRWB(Q1BCCI8,U.
M0)&HV735>T($:J424QL0(F\Q\>S5KD-$D3IA*<E%!#B)YVL;]UQ'?Z0*._U4
M0ZSV<EW&?KKRD:W/E!WRT81.:83H[U/;#.@2'SFG)T<7Y%-*HN>HR5A6@5^0
M3(I=$U2DAIF+$`;:L-0KBFEZ:=0=R)<=FQW&7L;)->-B(WE&X(LF.\#GK.2L
M,@EL0<Q4,EJG4#=E1).5K6JR#S9T;5`2WF+/9:J/2!(D<T@@F2%>SF]HC=M)
MWN)Z3;ER5:\ZB25\2,]966\+\&*=7G5Y6*<FE.!AY(SU])N[NM(4/:(:PK\V
M9HULE8R#F8]Y:<;.!G>&J0M+8^L3D@>65Y;T;JT.[4M3.+8Z-;BG+6-[DW."
M(T]&O;UZ0XE4B6I#SDJM,:4H3FF$F`&*(?VL;]UQ'?Z0*/?U4/ZE_%?N<_YP
M[^M'UJQNV/?WVJ-_Q0*5_P!LK@Z[_L@VQ>O^MNZVS$KV&N^I*+C#UJL-@9I#
M;]B1*N&1V?17%7+AAE;'.7.S2C7NN6](K7_)R0XY7YDD5*_(^;ISC`3@MC^T
M%<0^M,:7/LAW7J*SW,EO.6-D-UY?4]]2Q]4%@",EL1%5R:\1UK6JQ#`60;+)
M)&FLL61F+'%*00>:5K1N0O:';/GLWXFUTT]K?:\Y-0QIB@54TQ44(E-LR2O:
M=C"QU/8RY$9#&%::>Y.SZ\R*5RA\5)T[40]/J]O;E!;(V(`%S'>S9=GBL_1&
M=?LYMU4[2R;!J(B\1FG*3:W-&^J:<;I:D$V2J7SR0LBQ4Q*[#?8Z8JC39&F%
M<[M,4CKP\FO#FMDSH!NBLSCIUC\Y2MUF/CXT/V,VH<E#=\O5]`UZ:MFEQ4E$
M`DEM2CNC=9L(`#(5#4`4RUQ;UKB62D4C)96YU6F%83I3S"XGG"EPO\G>=4&W
M<2K>5&7Z5S?>L*.[;)A!>L$+N232EL&[RI;7$UELXG\N;W!0Z3%EE#K/`H4#
M6E2D)9@E.5J7%>:8-+F*SQ7\V&<9QGM$%B9QG'=G'[`VC_7C/_UOU#9[1CPQ
M;/Z0/L3W8N'9Q7N:9L?.'&-W#;F*18Z4/C%G-\=09AR9\88G(Y!'5GY<Q5@=
MS4[VE3L8SW>+N)3BG7.3@%>JQD\*?(0JXT^0JE=B'-8X@JE:M55E?;6W^6,$
MZTY/!)F^2*Q(R1EC<%,*<2&2Q6E#XP^=.T01IL#"%0/`MD)VF>*&W'P=[5/,
M(7IWM"SM]'6RC5->/E)*]Q*/W'7CVO<T*A(,P&4&(TL.D`5X?*IPMZ41P\X)
M$(TO4/XQD)F0=W>+],ON^L0L"!C_`*\];OCBJG[59_&EH/-F8."T3QJ!KR`1
M'ERU&4BYHJZ-,#JA&<7@(!F(79I7)#<^$`@F$B`,`!A$'%_G3IG/=C.?J]?5
M&:JV$IF[WZX8S5,_99L^4%9JZF[>0LX7#.819K6R,\A<H@XJ%:)*D5.;>U/S
M88N$TJ'%&C5FGM:A46ZH'!$EBU=K$4G`)XDT@18P0=R$Q528'R9>19.2)HR4
M0+!N09-!@(%BC`BP#"69D81&@,$43DN7N5^YS_G#OZT?6.[DTXR]<^4K7)YH
M2^6C*%T1^=O53VRRHDITZIV=#3>03R:,G*!%!7-JP("D4NAZU24S2]FQE&K$
MB<TK,^,^H,Y$>.W8_C+V,D6O&Q4;PA<T637>"3MF`J/@MK0<Q480U3J".Z@H
MH2MK6>#!+BV*@D/D7=PJ&&0HD3DFR`V1-V<OM%"[2YQB6C^Z4D/<=2GIWRWU
M?;CTL6JE^M#BYB/,"S/'A(6'N%).SN:`9Q0?(FU@M7KWY,-3%3G!N:\T?:OI
M22[ROA8^07="ZQ>3;BJI.G6-AZ-Q;G8"=;1GR"ZH'-+DXM4A-;)"L.2'HE(T
M2Y,N*5!$>#"8P,SLK]SG_.'?UH^M6-VQ[^^U1O\`B@4K_ME<'7[NR3Z7:X[B
M;;;*H-G*0K.]8/7>OS.]L4;LV/II,V-<S>[,86Q`\IFA:`2%2+#$ED*%1YW@
MTD.%2<6$QIF`&$3OK@X'>(.[6I8U2S0'79@PK0"0!<ZHAN*3?$>/"#R*I$[U
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M,OC2GRY:MK#@F;&P,C-&V-GCT=;$#)'V)K;V9B9FI(2@;&AF:TA*%J:VY"G`
M6G1H6]O3IT:1*06`E.G)+**````AQVW5D7(UI3">0O3&]]3)N)(@*M*'*4T2
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MV&/8_-]V^_-$Y'IS*GD!EG:=R52"-MYX$Q)[E1%ENKA((FM3&%E$'.`XO.#Y
MG&',0\*3&UO41`LY5D*],45+TZ=6%<E>_-4\;&H-J;1VFM2C%%FA0U5O$!FY
M"OLNVG=$L#`:_:RBS"U)@GEV("J>U9&!X8XJWOT@58\U:S,"CW=CKL25V]JG
MO7:\[<QO,VL[?676#,'8S)F1.<IF56U_(G]=^W&&FX"J=7%4<`)AI@P@&$(A
MBSC(L^SM8W[KB._T@4>_JH?U+^*_<Y_SAW]:/KV=8XN3OC$USY3=='>B[T9B
M&Z0MP'!UI^XVMK2K)W3$V5$$E8D49-..1B<&9R\U1I9I"E2],RS1J3$)EPT;
MHWL3VSZA3D2X[MC.,O8V1Z[;$1T*1S1>5>(+.V8M6;!;6@QJLY,U3J"NJHDD
M:QJ69*$F<6Y2`EYC3P4K8GU(E7IOVZI5/;M[!73\WCJ+:$N'-*JUBVGBLDI0
MU]RL72B$M-@S2L6QW@"%Z.6C"=`6XV+IG*,L:E&:='%"]Q0-:\AA$A:$.ZZ*
M_<Y_SAW]:/K5C=L>_OM4;_B@4K_ME<'5X/8CO^-'NS_%_KC_`+T%'6Q\ZPL=
MH?G%=P3AJWO664E;W%ID-1DP>.MJ\HM1YS8TUET;C];*T2<PLWQN#!,U;3*$
MIQ8,&H<L0W`!A.4F3B]-GC(<G=_[H/E,BSZN_&08%XLYR'ZO#C.<X^KU=;)/
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M)K`K?8BR4DV?UT=;V[7BAI]>[VW'H&H;J>ND33`T"Y2Q-`R0A3)W!=@!:I:8
M%*G"8(!V2M8#SBP.VM^^0VT=G=4../>J!U].H]!4T@.FVJ=I1U]G5@Q]B"S2
M6P#8RR1MX1,!;\E2LJ/*<UR5N3LH:%$E=O-')[4H4U.^)F4\HW%/M]%=F(#H
M9MY,XT>TKH)<-7GZ^W:T([+JY]5(%CPP`<PP%9AF?VQS:VJ2Q%]RC5@;)$SH
MPKDBYE6.S<LF:[7HM!^T2,%8:YV=J_R%:N[&B9Y<YTK>]H::6)`B:8D*>-JI
M(]QB;3YP2+:XD,%D8F``%T5<WY`CD+B0WEQB01.8KF]<&*2_\7G-UP(;/L&S
M=#5S)+%0PM>O1H+>H.//EP5=/(*H.R>]Q&W8"T(PS1BB,D;6XO\`*%IEC*S@
M;5!*9TC,M3/S4SR!+*YT^[7AQ\VJQ-+!N"R6/IE<1!K>UR1L?XC)[&K,]Q.+
M))5.3'*X@S*Y4U-`5?G!QR29PII4M2;)17RF]"+-59NJM_M._&'%FL]'KQ)K
M@W8LU2F(#':NUGI.RWUV=G9P.4)&MM6/\MC,78&G*A62#!X"CG9W`F.+/;V-
MU-$%*+!];G&'S'=HOM:*WIO)AFXY-3(B)7BCJ'?V]XE]A,$:?5!1R^0"K,QP
MCS@NL)];4[>CD<VL];7QZ@M$D2QN"-+`7\G&W?\`$T2P=G"UXV8JCD-,GL98
M[(WTL-JU^G<'J:>6@DN*OX=4M=IFZRT[16#7,U<0:)`WE$G$-\G-1.`'0IY9
MTA2\U@=CDN`[M`O-!)>2NRZ#BFK.OMNQ&G]6K"56C$K+L&O)$VSZ=V9_P<G1
M/"2*I0."&-0AG3M)!K6@=E"F2O:I2-:ZE1T!!;0*4#J-VJ'3*RJ5C#UM7`+^
MUQO-*F3MD\A3;0%O6;#')[(3@RNDT`D\)B[T<**.Q^1*$K1*TK/)650<:T&$
MO:5&GD+G*!9'A#(6=J?FP2@;<]-J!V0#5(EC<I$B<DA*Y()0WN*=*O0GB3J"
M\G(UJ9.K2F9$0I()/+,+#VG6/+DMXT=<>4771ZH._P!DRG6$94/%7VJQ(6TR
MP:?FF2RL$R6'+UY!@,I5^$R=OET94C`T3!BP)M7Y3+"&EW:=4Y>7&UL9Q@<F
M-':_[`,`LDYOZI'2LK.:42XJ!7!!\6C%0(Y=#'!87C`LEX.3I)-'3SS7B'OF
M36=WP+'F2YPVRNZW('K3Q\PJ'SO9:0S-A89Y*UT1C7Y$U98MIN"MY2-RM[5`
M4MU>QR0*&Q(2@3B'E:YX2)S31EITXCS<F!+U<?:.]S:PY!.10V[Z#8+,Q6#'
M2-<5:RR&>U_(X&KF2Z*.$L>WF0,D<D2)'($;"6LF`&9-E[;VYQ.5-:M0-"2E
M/1C.K1V9ODUUWXPMG+QD&UB>?QVO;HJ%KB#?.(K"7N:$QB1Q66%RA(5((XQI
MSI$<UOR,Q:WD.+(A=3T#L6@`M;@MJQ6YMLT62=JZX=V-D<'5JM&[9FO1$^53
MQB-:V6NE?'8??W93MZB7M$5C91W=Z_$ZR!M3XQ_Z;.?T<PU^97F"W"YP9%#*
M8U]UENF)ZO0Y]73&$U;&HA,+!L:UI.A2*FM-/[#Q#69<SC''FQ0YDQN(QLIR
M:XH:[O:E?)),X*$BMLOAX5^RF7A9-D0C8GDNA@ZGHJ.*&^5LFN3JX)16K;;B
MB4%+6EKLAI0^>%5Q71IQ03)*S.:XFP9"C+,80,\82.`WXK9#IT29&G(2)"0)
M$B4DI.E2I0X3IDR<@`2B4Z<@K`2B""2PA+))+"$LLL(0`#@(<8Q[\EASGOSD
M?U^HPS&/7_!@>,?R?1C]77'D@_69_/&_V^O((,!^C(O_`(AC%_\`L+/7J.5)
MTP,FJ#RB"@_NC3C`%%8SZ_5DTP02\9]6?T?%W^K.>[NQGKQ*4)E1>#23P'%9
M[_":0=@90OKQ@TH>0"S_`.S@6<X^KKW8`'.._O'Z_7ZS#,9_EQD7?C_)GU]/
M)A^L?\X9_:ZYP#&,]^,B_E&/./\`5D6<9_EQTR$.?7G'K[N[OQG.!=W?W]WB
MQG&>[OQC.<=_=GJF4SI.G;&6IW*P*IK:<N*,`RTB^8P.)RA:E+,$$1A:=6_,
M[@H)`8((1#"6:$(\A#D6,YQCN^EBD%A<$;`,T)B<:AS06$(2VN*,+3&VXL(,
M=P`@1,B-`F"$.,]P<8*Q@./4'NQU]3C&`^K&,8]><Y_ASGZ<Y^O.?UYSZ\Y^
MGKCPA]?J[N_.<Y\.<A[\Y[O7GPYQWY]6/7GOZ>''UB_YX_[73PX^L7_/'_:Z
M\NG3JCUKT-0]XFPH%VT_5=M&P&5HYO7N+-@D5FYD-FK7X#4,KB'Y3-CD-ADJ
M#!)9B=X9_-G!/@DL>#PX*`(-8/#C^''KSG]'.0^O.>_.<^'.._.<^O/?^O.<
M_KSU^4]`B5"")2E3J!!QD(1*""CQ!#G/?G`1'`'D.,Y]><8SC&<^ON[^O1\C
MM7_)K?\`]!2_^#US\D-7_)J#_H27_P`'K]9:<DDL)1)822@=_@+)_:BPXSG.
M<X"65X`!QG.<Y[L!QCOSW]W?Z^O;C&`X[L8QC'U8]7TY[\_Z\^O/UY]?7/3I
MUABYS>5ANXG-,G"W6!H9Y;>]F/\`FL-?X>_><C83YLK:E;JY3*6)T9A"U5#J
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MQD!QD9@<`QD6+G'5X:F-M6O+TXH6AH;4BA>Y.CFJ(;VUN1)`9-5*UZ]882D1
M)DY81&'GJCB2B0!$(P8<!%G%J3QR`Z.QUAIZ42';K7"/QW8(1>*.>GVY(&S-
MULEG.`FDE37RIR>TI<I0FNN`-A;BUY/;QN!Z5$!5E2K3%G5JG=YTO5S_``V*
M65;-;5_*+%<5+17\<FLXC,6?INZHD"]U6-T29WQS0N,A6)&QK<G%22U)E64Z
M%`L5'9+)3FC!0:F^1;0G8B?#JRB-S-8KBL;&%0T\)K6[Z\F4E<B4)&52]2R-
M+&_K%3^D0)\9.6JV,#BF2`_24&EXZNW?'UEC+0Y2"1.[8Q,3.A4N;N]/*](U
MM+6VHRA'*W!R<UYR="@0I20B-4*U9Y*<@L.1FF!#C.>K6H?O]HW8+Y&8S!MP
M-9Y<_P`U4>:0MHCUWURZ+9DJR0-6%-$2DLB'^4Z@:0HU840QB7G'(RC51(!D
M%C,Q=.[O;1'VM>]OKF@9F9K2'KW-V=5B=M;&U"E!DQ2L<7!:80C0I4Q>!&'J
M%9Y)1(`B$8,.`YSBUE^W\T@BL;J28R;;G7".Q2^SBRJ3D;Y<L!:6:V,&N6&<
MM17K@O?$Z>5H!.@BD/RFSC5-N%)Z8K*S&5!'E/N[PVNU@UF(:5.QFQ-(4,G?
M_./D,^X[4@]:EO.$GJ5B:\S!\:!+RTV>X*@U*$TDDP0"S#`F#``7G5VU.M-W
M5<]7;3U^T[9U01HIW.DMFP6QXE)8+&@Q]M"\OX9)*&MU4-$>,8FD8')Z*>U2
M`UJ0C"J7@3DY\?5AVC7,)K'OU<NX$-I:3QHZJ-6WRJX<T6ZZR=L;&VX)',VZ
M=N4L>H6@<S$)AD!CID9;6=BD)@A#E"H;J[I2"F(3*I7VE\GF@U*;$\AW'1MM
M8G)@HU9=*2G->L-;:_&RZ.HOSVR]3869,R-]/86V#'%['/+0RO30.:.#1%)T
M;,86D9FD*).0W"R?(+>7MFC34N>Y`[-K(S-A!BMR=GA>D;&QO2@%^FH7."XY
M.C1IR\YP')RD\HH/J#D??W8ZIA7VQ>O]LN9S+5=XT_9;PF396*6JO[-A$T<T
MR4/?@2@]OC3ZYK"B`]V?$>(C!(>[/>9W8SW5'D\JC,)CSS+9C(&2*16.MJIX
MD$FDCJ@8H\QM*(O)RUT>'MU4)&MK;TA(1'*5BY60G)*"(9A@0XSGJE4GV>UN
MA*F+(IEL!2<263E`@=82DE%K0*.JY@VNB8M:V.$62O,@0J']$X(S2E:)6U%J
MDZM,:6>G,,+&$6:W$'DJ22E*<TL\@\L!Q)Q0PF%&E&AP,LTHP&1`,+,`((RS
M`"$`8!8$`60YQG/MZ=.G4#+MPD-E:V#\>$_2-:PZ$QZ6;(0U[>09_N!OE4Q9
M:B>HLV*?TL>%6\-,*EBE#GPYP86S+@>((@^$4K?B'F,2G?%OQ[2&$JT:M@QI
MWKZQ!RA6&KR4;O$:V8(A)FDQ4<$!PUC))V)X9G$LT(3$[@@5)QXP(K/5Z=MV
ME"Z/JRR+FL=W*8*_J>"2VR)N]G>'R33$X0P+Y+('`>!#!@7FK4VJC0%^,.33
M`@*#GQ##U"(Y1=L7WDZY?.)_CT,=)E$M#KJA6N&S=A5D]*AQ$5XH[88WZY"&
M*Q2&QU.1O#8V0*+-4':X]YZO2-LT=YB-$:O<\M:M/*/Y/]0Z9V2XW]C:'E$/
MCC5&H_0TR?*L,:8^TI@U),:UAJ^25M)("E3I22XT=$71@;$Z0AA$V8,8?/6#
M!A;:N/)%!D.V+?N0WLMVQ\TV=Q+[&OSCPN"L:QJ:ZGV22G"USA=B6'21*1'(
MEB9\(;Y^_M,.DKK"GL4R;7I0!F30YX-4'R`TQX'GCXG^$7C3W!XM=!;<V(UW
M_.3:3E6L1G;E8#Q9MLAE*T]HD#^6W1#*]/-RRD58(4:<E$BK%I3-T+0EA-4H
M6E,Y*UJY1B\Y"=<:,CO:S-'H*@K"**(1;H:7L:QX:]H12:*2N7RISNO\H7)Q
MCTD-=FD*=V,C[2<K9DJ1.QC/1A48;<'FJ##:Z]KFT#HZE:&UTY!-=8/%J&NV
M`WK%:MDDCJ-G;:U5R%JD4=E$NA,M5YB"9H+Q-J[ED%(#'I0C`E?2VQ\/2*UZ
ME*T,H&^WS<O::]>2C=;L_&C&PC_(V"BK_P!:]-MEMCH&A-4MZ"\+`M$3\^2P
M4[8L$M;8\,"UHK`#:R-C@W*F]B%.96YMZ8TU4D\G,FY+=8:?V(X[=FZ-F\.C
MHH<3KW8BJ%)BX^SFDUQ)(5`'AVKZ3PI":CRC876#.C4V'Q\UJ+1#0ITN4*4Q
M.F-&#J#E6=NR+D"[++N%,-J5#[:=K\?UA-->T1;+[-9D.6$Q612&A7E$AE(T
M[TG33(QA:)J]0M**8%R$@R+$,2;"<A:SDKC,V_%/PD\;NY'%5H?:6Q=!FV=:
M+S5D/F*VQ))9MLJI2'#'(9'AHA"!<"<%ELE3MR<.$J:JX\0S0HD!BE40V$.R
MQ6YG?0:!01UT`V!V^U^W?O*"\GF]6Z,Z8YXST]2%;K+3MQBJ-L9W%K6@V!D-
MA-+)#:&IA0C>XH1&8C:4WCE61-OP81`,O1S\-&?BV[,SKS45R[.<U>K]V4C$
M76C6VWJX5J-<98-%.:[B[M";KV)8F-B,3X`!CD88:W^..(W+"3S%R3(4ZG"8
M9($@"OF^RF:':9[3"Y(Q;'ZQ4I>(JTN^KV*`9M*`,<UQ$&9=BXLKVUA"]IE6
M&]&ORTM?GQ)/A`L"WI`J<&A(+P&KO/#2U55GVA/A2GT!@S!$93:]P:XF6(XL
M",#:&5'UWLA!8=#E;BB3>30^>,D3(11I*J(3$G"96MI;S1&)VQ$`FL%QVC*>
M2CM0S7H7L$Y+'?2[2YG6SMFUM4'ENE76S8<*J&.6.DEUL11<0-CF)YDSGK?D
MEOD#<[H$,9B**/(R4X'V2*7'++VBW6N!/'%_==\0AM0UC?\`J$U1.ZJ"NB`H
MTD-L>MW.&2IA;W=JBTSC:-%)&9GD$/<WAG4LS:X(VLQ7AF6FD`-:49Q$3?F&
MV@F>]_`1QA;F6Z<Z"V`=KPG^O5F2%LD4@;H[/T-:-=M-YLD=80C=2H:<]2AQ
M@\?ECFY#CY:Y$_GNR9G,;V,\EN!(]W@XIM%I[P=V38\AH&".E]5_Q\M]T,^S
M+LQ(7?8]SL&JZ$23QE=95=*\L<^E#>XKFO+0ZQEW?#XM^3:D+"VLK>UM;(E;
M;BNRY6!,K#X6-5%DUD#E)%D:<KH@K(L=5`UBQ#$(?<4Q:8FP!5'9$H-;XVR@
M3,C,2<89Y@S(4#81D"1$F*+D(=.G3JS_`'LT?HGD/UIGVK>PS*O<H'-R4BM(
M[,2P#9+(3+F4P:J+SJ&NII"LENDL;7CR>DRK1KFIR1G+V-];7-B=7)O4X.N.
M31'EAX9&J7Z]U@*B^0O21RFCA(ZNCSM::_6[8"G%+\>H6R-2VH)5"9G6SK'Y
M`L$6X/4/)G1:7$F,72>/K&8;L]MCA<3NGJ5R8<K5*S#6^SGRG>.G7";MZTN8
M-T`F[KM!L;:6&[N/CL-ESDDBU6536%<K)"F0OLN1P^261))8U(D<;,=6-">]
MI5_Q^WG!B[W1$./"ZZ,N.,4]R%\<-9T="JVN!VBCA)*EM--330Q930VS(P`\
MJ0DQ`^3H7QP97=LRK=VEJE4C:W%F>P.28QHNNVIA7*-M5K3--:(E$=9=697;
M<-S7-J[!IKQG-QH(A%)<P'-=BK*,@"2D8!(9!(UJ90O8(^MG[_7F8ZD=!/Y"
MAR=&Y,6*RF\>"]VB7#,Y\0FEKA7R5-8J^-2>TK_NN226/JW>>L5EP*Q9%-E,
M/AL.FY[FX2\,*019H94KJU-L/CK:T)#7![,0"/<,F_%3K9=^FFE=*:EW>EK9
M:[Z_0IN@#/.JQF4ADK'8#>G<GMQP^',\G@4(=HBK**7I$JAI-,?R35`#STSE
M@C!811!^9MKN=X[4]H0CUZD,-B]S8K?6M77SO8K>YN,"^7FV5WDZ!:YBF9B%
M#S^34@0HET?>5+,4-W0H7,]>U^%>D(SB0UNMQJ;2\ND9H.H=[7:C=>M:ZML=
MIN6R*PUEGUB75.[JF3`U.D<9HX&T;!JZCF^L(,4R223#6&HH7.9.L/<$OFZM
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MBZ4!!T,%;)]5\RDL@99VB3/3TY%.9S#*H#"W6*JRT2],E6H1JGY.<K`<<D6!
M3"`6'"UH]Q4\M_'OOGO#=E7V)I'?=6[I6.AFDELN_P"2WFBN1E;6^?3*4-9Q
M4:BL,=?/WY"WS9S;W2+J+$+B[Y\F1Y:CE3*-&-`&H7$OQ$;V\='(+O%=$PL'
M6&RZ'V^G)DW=YLTJ+)9K4``F?61/TC>V5()A%%HXY.[E.S4CL>MM>2-<90I4
MQC1^61ZA00DIWQ5\9')'Q`;*;H1&MJ_UWV:UJVGFK3-(1;,BO-WJ"5UXLC2F
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MWD4_L6`%@CJ96W!C9XWHX;=9-R9=GYG^Q.@VG7&WI4\U!5-,ZH2#,ZS8USRR
M:*99-90YQN;LLD,61R%5R^)AN\FD,T>IY(9`8\MZ##BX!9V2.I6U.`*;+-<F
MNNU-F<7LMTS:8_1S1=,^UC>-6'F0NMG34^K6)"ZU;BKEUEMRY#5&9@[E&I,J
MWMMAJF.M:TE2:C;E[]DH"E<'X;A'T7OWC8TKB^G%X+ZIEV:XDDZD$:LBK)5*
MW-'*$MB3-ZF"QO=XS+8'$5L<71Y0XB1`/2N+ZB=TPR%(1(#P'I\9ANG3ITZ=
M.G3IUQG_`'X_[<=0P=IHI%WK>F77(\1M@=K>A4Q,10VU7-G;E]D1)&Q8<@LB
M2,SE4F-D["F9PK5@6HAJ=$A3?A6IPD`3@\WQS#*Y/.4U]!5*DXU0H40Z+G'G
MGF#-...-8T!AIQIIF1#,--,$(9A@Q"&,8A"%G(LYSU]GTZ=.G3ITZ=.G3ITZ
#=?_9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g84378.jpg
<DESCRIPTION>G84378.JPG
<TEXT>
begin 644 g84378.jpg
M_]C_X``02D9)1@`!`0$!1`%$``#__@`R35),3%]'4D%02$E#4SI;04-.0E]#
M3U)0751(3TU!4U]!7U))5%1%4E]324<N15!3_]L`0P`!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!_\``"P@`10#S`0$1`/_$`!X``0`"`@,``P`````````````("0$'
M!08*`@,$_\0`-A```00#``(!`@,&!@`'````!0,$!@<!`@@`"1$2(1,Q0105
M%B)QD0H746&!\!DC)"62H;'_V@`(`0$``#\`]_'CQX\>/'CQX\>/'CQX\>/'
MCQX\^.=M<9^,[:XSG\L9SC&<_P#&<^=!M>8'Z]K.?SJ+5Y*+:DD0A\AD@*L8
M2X`M)=/BP88X?,8C&W,H*!0")H\X1T'CU"Q-FSU<+:?B*YS]*>]&<#[U]W5O
M'8#:L)]/\)A7-$DW$+.X-<O642A'5CZ-EE54]Y=M'R;(1%:]="6^N"+JOYD$
M=GWB.S5KH2:JNU%Q]^VAX+N;4C6"XO,C0%-SJX#!!EDTB&=NW`]L65%:K[/T
MQCA^S=L4"&R'[&L\:N6R2^ZZ"NFO+>/'CQX\>/'CS75N6O`**J^P+EM22,(?
M6]70^0SR<2<GOG1D$B\6%N3!D@KC7&RJVR+-JIANU0T4=/76Z#)HDJZ<(I;Q
M\YAZ?L6]H13TLL3E:XJ!>W9&['L`&"E:T>DBE?P2-'8ZA7*%V/P[EEI75I6Y
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M_*`Z?M(#%H[8TY:V''9RQA.S[,.>RBJ;6G%2&9#%T2:[I^R`RMY"%),,%NW;
MU44U+:#LOWVC;5TK84:,"8V&*GSA)B%"`QK\P8+DG"+,<*%C6JSXD3?NE]TT
M&S)@S07>.W"RFB:2"*BJF^NNN<^4B^GUD^ZAF_6WMMDN#6C/N";BH%S!'I&D
ML@0@_%O-CZ0P:KU4V*J;;`5Q;\UVF]N%1B"3EMN@8`OM29!9RNOFY696;7M>
M/H.,G4UC$1(V9,V==5XQD1I@)=S:=D!!D^RA\6;/%DECDC<@X\=,)"!^B[S(
MP.2?92PV9KJ:=XQG&<8SC/SC.,9QG'Y9QG[XS_SY\<J:8S].=]<;?;^7.V/J
M^_Y?;Y^?O^GV^_C&^N<_&,;_`/*:F,?WSKC'GS\>/-?VG:M;TC7\JM6W9Q%J
MWKB$"')V6S::&V,>C,?%--,[+/2A<DL@U;)?/TI(Z9WV7=.-TFC-%P[6104I
MN]6/MQFGL]ZE[MCL(IA&%<A\Q/ZRA54V5*&LKCUI63,Y(K+G!TJ=BDA18IA`
M)8`$82$#'E0XR1Q@0Z#K21P1>RK(^-7H_P#?]?\`\\IMG+(1[,.QB%1N%C13
MBGU^6(#?W(S:NM6T%Z5[E!/([+X749I9MJOK-:RY-&:MY=:<0=.40)Z\Y3"8
MQ(6#[:KS8]:T^M[6K.WA)@]5LYBM@!8],);`#)B(F6)X:.FL&,KQ^:1EP_'J
M+-=3,:/M70@ZR35WW'E&SADX^EP@HGIL/QX\>/'CQYC.<8Q\YSC&,?GG.?C'
M]\^:;L+HN@*D+BX_:EX5!6ATXLDV"!;!LV#PHL9<KZ_6BW%#),=%OB"ZVG\Z
M2;1!7933^;3&VOW\V<$/@Y(QU)QXP+.#E-]TTR`<BS*,5%$LXPIHF\8+N&V^
MZ>=L84UU5SMIG.,;XUSG'SR_GXB1(>''OBQ5ZT&C!C-R0(D2#E!DQ8,62"CE
MX]>O'2B39HT:MTE7#ITX530;H)J++*)I:;[XHPC0R3>YFPGT^DAW=GZ@X))$
M6-95<W8:M'/L9GT!//$#5I6H0W5P0SQC&)>-4#UY5&R;9CT21`NII8;9Y6VL
M>`'[C*Y*4T*;FJKJ<C6S!O2VPF(2"NJ]=1=JE5.SH(TD`*+EH=&-TTX-ES''
MK`T(!NA@K\<*[:$633=DX16WH_\`95[B^15.5?\`+#E'M7E\[?G7TM&<O5+)
MV-P0@D`J92QSS6#V;=]@/4CJ+6%@:4@Q.23!F[F"HE@;E[",QMC@B[+)M5)O
M<T]">L#DOGRFN<:E[*Y(#UG3=?1^OH9H]Z8H_=^1%QAKJ.7.%G:,O9HDI`=)
MIOC4G)IMD<OY&0*.UDDUEM],4_\`^(#]LG,>.8Z\X_H_M&A&QCN2V8U0=UV;
M!)[&[20H_E&3*J"[WL<WM`74M3"8=AWK.(,M237#X@-,2=R#1RX#N2(N3^/\
M03Z=^=:B0A5-699EI0ZA:\%!`,6HGF>_9<)9UK705@"2(!)R2KZ+5.M%8P$8
MM-2,C6GK*/MDTM\X(;[?;-6E"=+>S/N[V%-/:+7'JVLV].9PE8/X1ZVQ]T=-
M5GS)7]5Q62K+@;0Z!DX8HUGY,W9-N@UGPUB6C49*)M8FZTCPTI)A8@6?97-A
ME/\`$/6426'G$O5#R]$7AO1NK(1R/3?35C`XRZ35WW=AX^L4J2"GI$'^ILCK
MJ:+!!9A?5UMEJ,;:H[J]J5]8/5<[+)&;O]R7L`/;NT-F<@C]%#^=N88<_'?A
M;)X'A!T$J8U(8IA3"BZ:QT9*5IEJDHBJSD[(HS;$TOK@/H1]=</-0V72B,=!
M75.X-+VT\"S.[^P>HI\^4E;`LB<'&"D<_P`U!$`).61)N@YU_:(=G1ZHEKL5
MP0VV4SO<YC&,?;'^N<_\YSG.?[YSG/F?(C=B=MT/P]78F>W05D3PE,9&T@M3
MU77$6*6'<UWV03TVR&KBGJV`:*')K+BJF-4]$4/V0.*T4U>R(R%'?4\Q78VY
MRMCJF0&.S?:K^[X/R]42!&W**]=!E(&?A]-H0)BY+ZWQUU)XN0?`+ONQ&.BG
MTA"UG^)(ZCHY4LZ:"5IA,&N\B:[K].]8S,-S%*>DK8#/`]Q][WA9_:LT9FW:
M9"3`XC<15';GR"GG.FFF!SNO.<A%61=>*M__`$$4)-B@AMC=9-VX7VY[,.E[
M%YLYE?YH0*A*.J+XF47YKY+BKI-/=B5Z!MO9\/BYHSEQ]+)&+5F`'RFWIHY(
MJMAZ$1@!G+IRCIOC?R*LM%:>LGBJ@N`.379JP.P;Z:R^JZ&DQU!4V8D%W2IL
M0F5\=KWD^<;D7>D`KJ22@M=MIE5\DE'#U_%ZY!(KD)"#:IV1\D\TP3C_`)RJ
M3G*N]<N(_5\28A7<@<M=&IF=2QSE0K/+,E7TJN,NIG9LU?GI[,2"JZZ[^22$
MDY665W4^O,C/'CQX\>//K55313465WU322TV444WVUTTTTTUSMOOOOOG7333
M77&=MM]MM===<9VVSC7&<XHW/W?T7[6I,;@G"EP2;F/AB`3$]#K5[SAC,"]M
M3H^7Q0DL%EE6<6M)&.)#H_7D9((+LI9UB0:/6)F1);QNH`QYH&/2%QW:0^JK
MTY\IUM;-^]`<TT?.A`$$2L>[^@NR6)+JVPR:`)CER=F$HGU^N;.ES\J\T2^M
M4?'OV=0L_5;"@P5198>-Q7GZ5*WZ((]*V-V]S)2]:\P^I#M/^,E(#R@BX>Q:
M21E2JA@"-U+UK&ZX1%-XG#'?1KH?,49-!X>C'V3>+;0XX2_BW#((>W]47E-?
MMFG!ZV77.'J_KA$HO+_83-B0*ZC05\]'.JUX;JAP!DW6$N6*#]=LB7\ZBST7
M144W?*C]'I>S'>PQ]^]AS5LO*?J"]*>]9_&R\FB%9)XCU<!X73_.O.]6`DFC
M^>V1*7S&!491-=1L.WVRDYE4K?!P26&+)?42(P6/NT5&PUWOM#.IG%=^G_CB
M)F[K&D[;[GZOG+"16?'J_P!/XIN7LCN^TQZAD_"8(HZ<_@;1Z/O=G$5C9%XN
M#KFJ:LCB!PNJ%'Z.E7_6^//2W16-[CZ1]B=!<P=*]B=53U>R[/TD%-0.:5G2
MX+86)$0NA:H&G(W@&]"5T#&-Q9RS$HP&E-IG<OI%)EGWRU75FCMZE/5?IKG;
M/K;X.QC'WSG/)5$8Q_7;/\"_;7&/OMM]_IUQG/Y8\HI]+56<,]M^P+OCO2@.
M2N>*FH&@'L)XEY:CL(IR!P]H3)1;8_.+DO\`*1,,(:@1DUL/:014-')&@':R
M5K6>C*,D':;E(SJ[V[[W>F!EG3/F+T2<_DM@UO=_36!AKJ)0XBS`_P"2W)3.
M49.SU79-L-=--"]@QJ(RY-I'TD<86AL=D6I1BLTDP9`C><<LGD?UZ4?3<%GM
MF5MS]443&UU0M1-Y[*QL?2=IC&@:%PJ)!=B2VCXZ429:#MB*C9)SNU;8=GC2
MK(:D\?(RVQG&?R_USC_G&<XS_;.,X\SX\>:3Z`C]]RFN'P+F^R:ZJ2RR),2@
MC/[.K`S<`&/@-G7_`+^Z80(/8-9?O>2?L7\H#8M*4P35[\+%AQ)MKEMM%3D_
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MF1UUR;2(AXH<C'-%5&G"&CDNNF26:RF^;`;Y:L;9MUKN;%C!D1CT/&L[(/'C
MQX\>/'E'_M!MVS+XO.AO4)0B\BC9KKJ'RBP^O+NB#U1&1<[\310LW$3)4+EL
MDM@),NBWS<]2L%EI7ZAX%RY+K-1A8DNV4%V]5)5%?415T`IRJHN-A=;UA$`$
M&A$5#I_AL`<:C0YN*$#D,[YRJONFV;Z97=N-U';]XHN^>*K.W*ZN_DHZ>NY]
M_B`?9HMZLJI>D0?KWX:G6UI]R66#DOUI])2."&A8$!3('`G3<?K#\3W8V"1V
M?OB&IU8)*9XRT8.(3%-"?L&CX`)%`06,1H2-`1V.B1P("##,FXT0&"B&2`X4
M)%#FB:35@-&L&S=DP9MTTT&K1!%!+35-/7&.6VS].N=L_.<8QG.<8^^<_&/G
M[8_7/^GE*G*KX?>'M&]E'8!X@DG!N5XM6/KJJT\^V8CHZ*1@X5OTEU226,*D
M7#/"^MD3N%QR0O-]!>@YI7[5N7W568_@C-9\\MI#[3>J]O8HL[<J<=\F%K&@
M?K8@A7]Z:PB_[82#DHA/.[96&<X0P\",RKL_4_/.-AR1D>#'RN?#7PUR=9ZO
MOT^CR%M.EN?JZ]G_`$++Y5=W:5[`9[$Y9)Y_ABT#<Z,H?94GK^64%S[68Y%*
M/4E"V96$-M)GH';:RZR3#%`]/#)'?#)@Q_7[9KF'7=?_``YZDZ^FK@39'6%T
MQJY;O?Q24K"I/6_+/+I1O>4J6>(#';1\R>7,7@J$!B"KU;]B<(LI.0V'EDA^
MK??:/L[M>5W:3A7JNYJFIJ/]#=:,TGEX3R#.E\2+E/B5%^JE<-YD7[)1-(#)
M)PFUS2M,,BSD<I(YA+GQ)ALX;Q=XFK4+PZ<_\!^0>P;CB-<:];VY)K1Z[4LG
MU_5A4]:S>PX]>-22^O8S$XGN_P"A=F+^NH(/KPT#8"KH-V%(V$BA;`LW.MHR
M?01>:->-KGB4AS9[SO7[U/V%8P68=D].T1WE==]2I$XD&IB(3J$PJ#0N`U?3
MC`ZDP5;PRFJ>FA"#MRQ=^[*2I,.I.2"0K5QAHVTM4?,HOWS^]#HOK*U+=A5E
M<)^MZS(?55)UQ#9@WDPVS#\09IG1.S08Q)KY:5N8L)B4G<YG66.0MI;M1=?1
ME\;!C"[T![#[5ZEYDH8B.#WAT11=,E2[?9Z)&6O;E?5R1*-<*Y2W=#V$QD05
MV\;ZK?*>RS=%1+"G\GU?5]L;8BLMBTZCXN60J2`9=%S;;#P-)(P9&R``7:9W
MW3P[%F1#EX-(-LJ)[Z879NEDOKTVTSMC?7;7'8?'CS&VV-==ML_EKC.V?Z8Q
M\Y_^O*4>7\N>GO;YW;TD0&N58!Q175<^O2C3.S55,22GLH3']"=<%&^%]?\`
MS#(DX_I^`*O4_C"+$(Z0;831(.%7T]>[NLX=Q!R==O3$Q417TK6%D'D4CN=-
MW#Z<V05QJ$K*O0S!%=NZ)FIS.B`&.#Q[-71RME\JKKNFDW662H@],'J]D7)&
ML8[<]HMOI/.X[_N.UYW7%6SJR@XVNZ.MGJM9JXL(;7L2W(LXR7Z:N-D-2'3I
MS%OWFLQ!,V<!B;99,66,%?2[:%GU_2M<SBV[4E0B#UO6L5.S:<2XZOLW$1R+
M1H>N4-%WVZ2:RV4&3)LJI^"V0<.W*GX;5FW<.UD$%/IJJUZZN^MH1;]2RX//
MJTL>,B)A")C'%]GH>11PZS2?#"3)7">BVFJS=77"[5TBW?L'&%61%JT>H+MT
M]@8WUSGXQC;']=-]<??_`'VUQC]/[_&/SSCSC"IT*"T9*&BXP0F2)L0H_<H_
M:#]'Q@HMAN-%,]WBR.KHD0<9P@Q'M\J/'BV<)-D5=\_3YIWHSIWG[D>M"%P]
M*V[!J6K4:]:BUI9/3:`8>Y,/TW*S`&)2VPJ_.GR"+)XLP`A&9`P]2:.E&S)7
M1NMMIP_-77/.?7]'A>C^=;3`613!_>0I,9NT1*@6B"T4(NA4B;F!LK'@C<=<
MB'C-;#QN?&C54VVS=_\`3LP=M7*TB6[A!T@DY;*IKMUTTUD%T=]545D5=-5$
ME45=,[)JI*:;:[IJI[;)J:;8VTVVUSC.?N\QM\_&?C/QG/VQG\_C.?MC/Q^O
MQ^?Q^OE(/JL;%+JZI]M';4R999G)AVC(>+*X8K%<DTP-'\$M,U8.T'M_P4D`
MF)C:AFR9N69:;*++OR"2BJRR"#-53M/?_7=@3.?2?U\\<6"C7U[IU<_M/J_I
M?:-/9/'.#^;'8`P_TG+MMG=@&.]!6>W8.!5'5LX-,WC-GL3M61_N^.1\9N6A
M9_A2N,Q7-'J[B=T/VBVUF=H28G>4L(/4-DB2<)9$"<0J()NNJBBJ['ZQ4>\G
MB"JN5\;$;#+JMW3ENJBKM?ISU8MLVA!2LFN.C2//DE1L:SXV&@AB:Q^<E2$"
MB<Z-QV`3\@2C*.@H6XLB*#ALT_AA)P25C21A,2N6)J(9>*[TV^<:YSC&<YQC
MYQC'YYSC[_&/]\_'QYY!Z]H;K*=67W]ZCAU16C!:OZ(]FU_]8=8=7/A6L?K-
MUZ]^DW49GS2LZ9FF2N71J[+S?!SM)%6@D*5U@L78SPXZ=,'J:;H'ZQX!7T+J
MN"1"LZXC`6%0&`QL)$87$(\R2'`8S&8XQ;C`0(0Q;ZZ)-1PM@U;M&R.FN,X2
M2QMMG93;??;S[UQ$O9%ZZC?:O,W,_&"G2E?7??-B]!<17VG9]41*MJQD72!A
M666E$^L1,GF<=G(:)4M-W[Z011:LX3,"EE175.,M]69Q;9\WX<5Z$)S6%F4#
MVS2'7"B'LZB)6Q2?2/45\UZ3NF$]'JW?&\Q&=MGM2L9O`6D`!U8((/TN?XY!
MR8$<'!C0\1F&Y-GON6'VX<7<01GDMA8,QD4Z/7_U%?)@7*NF.J9^&`AK#NB2
M`F'[HC3+(6-H(1Z`UI`@F-0%951$4F\4A(;"V4-2!PF;.$YP9TUSGYS\_/ZX
MQMMC&?M\?S:XSC7;[8QC^;&?MCX_+R,'47%?*7:D=C44ZJH2M;U!0TRL?BC.
MP8\B74CA9V@DV?.0K_11L2&ZDVR#=N6:M7J3,N@V;(DV[M-LWU3AQ>GI`];%
MZ&F,O5Y];TQ8(R/@HB/L/F&933FJ6)1&/(-6(^+NEJ>-Q<(8":"634-AJ;!$
ME4!C9H@S<-5&+%9MW.D_3;ZQZ`=R`O!..*A+2:6CG0N53:V1I.^Y[)&9)/1,
MPD8FUY%+#DCG4YKIK@UJF00T)XUUT=Z*)Z:)ZZ@YK]<EC<#=EZE.+)7%XEZX
M;N%30[?'(,B>$MQ]+7B@%;[1&U.6T_W80V!@IX]8I!K*KIU(!,?&X6W.AVA3
M5($-B=RGCS1EY]/<W<PB`D@Z1O\`I:@`,E(+"(\:NFT(35XHZ5;H8=.!H9_-
M385L4?-VV<.%VK%1=9!#.JJVFB>VNVW4;,[!H*O.:[>ZL:V+$;!J.F:LF5NR
M(]6TMB\Q:DHY"H^2D;AJ#(!B[L4](F4Q>XP(CEZFF^).6[;13ZML_%%_KY]D
MW.7,GK^H<6XEC;K'N[I]>P.IY%RER41`WKTG*+0ZTLF67T^8S0'&7WX<'8P(
M/.P\7FMCVJ[B<9C`F(JY=.]_V!D+5@/W_`.@)5[*?3I,O8K>\#82JR.DK;NJ
M#\*`)Y'!_+%!PCGROQLZK6%FK)EP^)Z6ST+8MFJ1ZO25LRI@-BAV5'E87`0[
M"&#6ZQG>7MWX3L6S?6WT'[!NS@('3M^`2"H;Q@<-C,F+S:'\5T/7EOP(I(J"
MJD^U<B@Y^59@^TLEEW7$*C+%]:%@.=QS-)2$0RNTQ,B.D+2Y_P#>#W!'?7!7
MMM,;%XCY@A.G3/=)&KK"72B/1!V2IC0]!\^`I]7!]H2=1B,$C)"R+:?,2VHU
MH6%`HUJHC*0CAP&J;X-]45+0[GOVLW_4LI[:ZKXWAL^LB->OFDZONJ[X.GT#
M,ZNBQ`&<LK2&4-(8B-MANUO(@E75763HJJ+-@(')IT3C/X3ANDC*D7ZNN@O6
M'R1P+V^Y.=8=.]K\MWQ6-@=GB(1;ULW3*S7*MA,Y%&[NYRHZGR5@;UY)1T#4
ME47(J;,1;1_*WT:DTJ6D#0-L/9C.$]F7$O=7:U!B_9W;=57.XMZH^A.;K?Y4
MX"K0J6DL^H;DJ)2AF1L;22UX.P)&3+KVTL.AT_L`6-U,FX0PC`"N8^=VP(-C
M=:J>ZNCGOLFZ?[/MWM:H+$CACD2N([3/K6]/E@LI)&>CKCN/J4"6VBUSRVJ8
MP^WGDB5A`5-C=EB"X@W>C\#V%?PE>3_N$*KO,)?<X";GK;D/UTL>NO7_`-*Z
M>FRJ*G'P&YJ.:1@LE:\AZW,''<TG'9/47-<*2WG,^XX"S':7L8=!I>^52(LT
MAUL3"`F5W\&C"E^'H/#?L]6=GRBJM9.)X<G'<]MGN!HI)@\K",1?/V`D5;.C
M=7BI>FV)`:/E<[UD#ZKHTBP&,Q@UF1>(#F>Q51NE?;YC./G'_?SQ]\>>?<7P
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M/'CQX\>>>;V0;\_\Z^T?@KIOJJLJUL:A.EH!,>`BLVN5M'I%$^:[>6D2]P4Q
M-P`.:"2X$'BXOVF<UC9$E;9#K)"!L6(%3C,1'W3`W&#VT>L3UUV;>?#?)5+\
M@4E">@^K.B8>>M8C3,8_R:?A>(J!<;S?IN3R3:L%8I%U$3S+2,U@%Q)&BC\O
M(Y4R<1_+H_&AZX[T;\_\I\T\K1=*&\W4-4U&QO5JW:KC*Q@4:AV26C;.VR2Q
MY\%'-24C?YWWW6<DSSTD0>NMU7CMTLZ655WAAV!ZD.<.VNR^.^R+I(RTF<XZ
MW-/(S62/[A7KN>DU3PZ61)S.6A$4[(N&D/E;'!Y(8/=-VIYPFP9F/K&M7+0C
M:"3%#30P@%,#V18078NQA462:-GPXF.((*-7[`@P=)*M'K)\V65;O&CE%5NY
M054172W3WVTS5-=?I2X0N%Y7.X.%S3G,'!((7J(W"^29Z5YJAEP4@<.8DQ.C
M[I!U@B'UGE6N9&H^.;Q]5P.=9(%C&VQ/9$J\14M(BL4C,%C,?A<+CX6)Q")A
M1L<B\7C8QD$C\=CX9FB.#@P8<:BV'BA(M@W09#Q[)NBU:-44D44]--,8\Y_.
M,9Q\?I_M\X^/Z9Q\9Q_7'CXQ\?'Q]O\`N?[_`#]_G\_G[^:)TY?YS3OM7J72
MCJKUZ/6BR<)4O+$&CW^:F8HDAAGJ"UF^6.3R8_\`8==1VR:;S3=09KJ,44W'
MZZM<;U^G'Q\??^N-ML9_^6,_5]_U^_W_`%\:ZZZ8QKKCXUQ]L8Q^6,8^V,8_
MTQC'VQC'VQC&,8QC&//EX\>/,8UQK\_'S]\_/WVVVS_?;.<XQ_IC'VQ]_C'W
M\SX\>/'CQX\>/'CQX\CGU7R;SUVO2LHY]Z>K$#:]42O]F<$8Z:R]:.6)0=LH
MH+D,;/B'0^0123BMU5LC)%'28TNS3<.VNCK+)Z];.(G\>>JJA.0[C/\`0C:R
MNC^C;R(UJQI:+6GU3;2MMRNL*-8$FYAA3]=+)@HVP#Q1(BR9NW9`BP,3`LNA
ENJ5DSS=\3R^L\\>/'CQX\>/'CQX\>/'CQX\>/'CQX\>/'CS_V3\_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g498720.jpg
<DESCRIPTION>G498720.JPG
<TEXT>
begin 644 g498720.jpg
M_]C_X``02D9)1@`!`0$!!`$$``#__@`R35),3%]'4D%02$E#4SI;04-.0E]#
M3U)0751(3TU!4U]!7U))5%1%4E]324<N15!3_]L`0P`!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!_\``"P@`-P##`0$1`/_$`!T``0`"`@,!`0`````````````("08'
M`@0*`07_Q``Q$``!!`,``@`$!`4$`P`````%`P0&!P$""``)$1,4,1(5%B$7
M&$%1<1DB89%B@:'_V@`(`0$``#\`]_'CQX\9SC&,YSGX8Q^^<Y^V,?WSX^_V
M\>/'CQX\>/'CQYTB!(>*9NB!-ZT'L&2*CAX]>N$6C-FW2U_&HN[=.-TV[9'3
M7_=NJNHFGKC]]ML8\Q"#6C6UGM2;VM;`A%@-`S[(LL[A,MC\M:"BF$=''Y:3
M<QXB218/_D*)KY9NMTG/R=]5<)93SC;-9]E0[W03^Y;-4K>Z>"^>Z-B<Y::4
MLU.43;'0,^M.$9':OUGMJ/E+<K`;!'J3]=,*Y$0Y@JY<*-7KY@=:M$V3@M.Z
MO.@Z^F=MV+SBWEH^17K1,#J&77@)C<?D3.-Q12XFDG5AR/YJ0U>C6C^1Z0J0
MG1\34/$I(*C"@4F7QEL68/7F_O'CQX\>8G*Y[!X)F-XFTQB\0S,94'@L2Q)Y
M`)`9D\UD6ZV@"(1[!5XTR:DYO=NXU$@!F'14CE!?Z1HM\E3\.6>5Y=CVS:DJ
MF,)XEYAD!2&WO<P?]86-<K$4BY0Y>YA8F]@$WN$>Y,CGT:?V_+"B:E:\]1(@
MW*;.IT^*6.7`E8-54N;K3HBX0B`9+,'\B)2-'11@F+<%TVNQ)F/9`@XO+=\1
M;I)*FWKT@/?G7Y9[IJY</C+I'1-%DV9H)9+X\>/'CQX\>/(&=,]F$*_L(9R[
MS9`&O0?:$OB.LZ#54ZD2\+KRKJW7)K@<7;T99Z8<\G758('$-Q(40$#2BUK,
M-:*B*W@QAH.DTBB^DHKZQ!MQ+8G_`+*K-)=Q6*9PV?O*@/)%8QPO63W3*FV@
M6I>4<%W\6.MQB"B8[$_OEY;%E'-VZQ7)>.HDE`#/2U5<^4;5/N`CD8XKI:JZ
M(@5+<,SUKV$/HJ,QJLX*:EMT6G7I#DN'3>%0(0)CY>PH_'J]O6;QYX7:K&X[
M!Y/LLHN/&R@$D9MJO^\*[YII*UN@+:,XC]:TW`918\V*ZI[.'#>/1,2Y+/TA
M[-/.%R)9]HVP/##&F-WA,L[9#V:2KIRDGM!KU2U),H]S^9Z?O(&)&=2=YS!3
MJN^/H-<+NH\C-Q;!I1U.9?[J+K*"Z'HAI`:U:MDELC]38V3&4\*OCI,@^[U*
M>RVK[=G'3DH*DZ^JCC^A9JE2L.Z9M:R8U`@EVW1"C!L/?Z<'8RE^(;:U;4YW
M:)P-I/WCK1I.)RZDJ,;U=`P[0D^Z$\]S/KEAYA2,1CH9IT'+DDEU5HIR'`[*
M[`-,<-<XRZT-_P`MD1LL3&5&Z6<K;IR8L'4V2UVV3T4SC&NW59^R2S9]N4VH
M;UD>P^U!#)D`(CY;+X!3/+,<D+8YG\6VH4?UC=M.V&NN+1QLJ_T<0!KIC&4_
ME*;IK(K*6C-EEUF[=99HJT650155:*J-U%6JJB>NZC951NJLW440WSLEON@L
MJAOMIG9)51/.N^>SY$[JCL6J^4P4>3DFAF>VU9)+>,T;SS6^HHW=EZS3*2BN
MD;KF)OB8U-9LQ234(2R:GGH:OZ_`-WLCG,F!!V:KC:D"4\KWAU9[1_7E-NR+
M563M6GFML]T/.0*YE`]_SKS'5<$UCE:45$-_G@\F;CZ+D=T3]`_->B2;T/&2
M@^J)E#:N@\:C@\<6(>@GH6]J\YAHZT;_`+7*+"J]J.$G)O*'35'ZLFX8!6FR
MR8L*QPHFH4D1]]LT!1P2AO\`4ECY,<.;XV7=:8S4</)=%\U\MD9R>%A/]6CV
M<6$-&`XJP^JE\?JVQ)*!=,H)'$1I'1_AI1W!?/[)W-K(T6<NHL6D\8L!^B4(
MR&VAR9F\&/L'XL$&&E33R1DAXH<Q(2`@V8,WYUZS9H-G1EZT%-6(QJ[*N$E"
M#EL/9-&+==RHBT;(-]$DM/U_'CQX\9SC&,YSGX8Q^^<Y^V,?WSY7->O:\]4M
M][RQQ-3XSI/HB/MA[NXS\DFF]?<Z\I")$U74BY.^['8A).9)S>0Z)[E(O057
MQ^2VL:"(8/R5"O8:1&3!U#7J"RO9SQ9S7974EQ]J<92.;#(^,#0'G6/<.V<A
M`I]=$C.-P=;U!7$A9]4/KJ.R^U#[YA$!#IRR,(#'Y#61.8ND!!F-UK:.7KJ(
M]$4#5ERFZUFE-R.<Q9N0EE3V&.7&3*N)DP=.P<QA1Q!P@U477C<I%%Q;<IJU
M;H&F#9H9:HIMGZ6FN&]M=,M^1N9[,NU`!M-)@&8BHS4]=(*?A?VC=EA'1L"I
MJLAR>BR+E1Q.+(D4<!+[L_F.&0QR1)X2V28*[:Q*$#&OJUXGMF]K04QT/UA-
MW>+"NB6QT6@$F'6/6]BO1\,KBM8>S745<#P2TC*0VBZ.AS;"C."UJ(!LF`W7
M+0GNYUIUQ;?95,<5T940Z\VLF]KUOE`XVJP%(5W7Z$.L^T$2*Y>;LI7";#`S
MY&-<AU!'#*:ESVGEY$I(TBT7$.A<R#6#-@D:-X30'K/]D-%*VU)Q/M7@Y6QN
M@[`<V_=4L/\`KZK>1%3EBD(Q'8FCH-,;74#(:0N%QR,"8O6\8?MMV,7C#)$8
MS:H-MOI48(=O<Y]K];=1\\^IRU_9^QLV#6N"/]0]:QRG.4*TIBP*_P"?Z-D,
M5=UVL]-XGED,LJ6Q=3L``B@LX!7$Y7C!&5E6$@&QO6+R'`?;5Q+/@9CGSE.%
M^U/VAVUU)["+QB56PZM)=T1#0M8P^G(R^9R#HV\)-6-%4Y4[%Q$*_K-D[8*"
M?JF@8F=D"#UP%-["R'TEX])^E7U2T**8"X-P9S.0<,!303^H;"JJ,VI*GJ+5
MJV:;.B$CLEA*2"A(CHV3<E7**K;9Z\57743Q\W;7RRB-1*+PP.UC\0CH.*@6
M6N-686-"1\?$-==4TT==6XP.W9,4==4DDD]<)H:XU333TQ\-=-<8_?QIIC.<
MXUU^.?OGX8^.?\Y^^?\`.<Y\Y>1FZ>']<FHJ!`<B2"A8/*3AQ0=,K'O0/.IH
MA7T1<#G*>\E@E8PQQ'VECS5H0W;[#H]+[`@D6UUT^K)$B22>XAU@7,'$-:<S
MF9A:Q.432]>F;-$#A5O]47:^#FK:G`D0IEV.BC+\B$QZ&5A50)U\'`&IJLC,
M/@0U1'0L_%F),J_D3[0GK++EN@_YC>_S$B826.=<VHJSYK^B071_3G&M$J&*
MXI%BKJ[3PX1<V%*,6K?3UM\Y3""EM-F[A-L\:K,F<>/9GTE#<],T-0\]D+D#
M0'-+:!]Z=9X$QA_.I#9A%C9BE:<+\I0N&!VY5[+;`O;I=JYG@*)-1:YPTO2`
M48(3RH=RLE,CDND;/E=C2+N#JN/:Q>_[%B>8#55,[D!1UKR/SLX)L#VE3?GP
M;=<3([>LD\*#6!T?,A#EV&=RT=%ZUBA$Q"*L`2&0V(>/'CQX\KF]B_5%@T5#
MZCI7G9F-,]@=DV@VH7G!@6;)D0L->*"'DEM._IB+V604(P+GBLAYNQS@]#YF
MYTTUBT4VU33D*BZ.Z><.?J9X,YN:0&/%%FL1@0F36!:=LSIVS6F-C3!ZFZE5
MLWS<<H2:L=3\]FY-,G+IQ)'*"6,[[89LT6@@8-8-:1?7W(-_=AV-M[6)<UE0
M/C+D24RJHO7%4$AVV'[2^QTQF@VX^N+#C^BKEFJ>6P41A=:#L.7"<:2'.=72
M"$BC;AZ3]-.NN-=<:ZX^&NN,8QC^V,?;&/C_`$QC]L?VQ^WE3?20O/0WLZXD
MH=_A3:!\GP*R_8/-F6[-^X9F[-65=\R<SBW#E+Y0QCH*<S:\[#;ZNU57SPO!
M1&[!-%JP*[+0=Z?Z&LZ_(3T?[-:<C<;LSE[UG5K=<ZX<ADG;/R<'Z=ZKK>+2
M6.6EUT1V!N1Q0K4=%1IQ8524L-&OVBDRDB=J6,P-LFG\/#;2S7B^AHG!(J[[
M'M"UM;WZ!O\`K*'2JP>D92D*`1T)5RP-M-P%74M'4%U@=-<V0[))U(1$1'DB
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M1A'^ANR;CZ#]V/3EXOS<'OY.Q:EXTI`)81A:N:6YWCEH/&!IV>A^ZJ$=`R4B
MYKJ,HL4EL)&=_D2J93!JF<E8](7Z#JTZHYDNB1DX?3W1-%6O+0C9P\-1>M;>
MKR>2(,T:N\L'3HJ#BLC+%![9L^UV9N'#IJDB@ZUV;JJ:*XSKYOKQX\KW]I%E
MS^O>)[>"TUNUS?5XH1_F2@FJSY0>YWMWHZ0CJBC)<>X1UW4U7@[24E['=*YU
MR@R$PPD2>[)L&3E73<JYCF_U[\GA,2R6Q2D^:^8ZIBD12D4G?(#`<7A$("#8
MI'D-]]-=UR!1_HT8L18Q@@]-R0\];CQK-\6()-U?,O1THX_JJY2WOB]GM@R*
M'S/M*2")SQ5SN8B\VG;7GGFF#-4:QI6[9I74&`R3(Z>-H!-VI4O;QUJV@M0I
MWBK'0AS2<V7A%Q?O['?9]RYZNJ?B%O\`29LS@;.YZ`@4.B<)8LSTVD.[URU6
ME,C$`%7[%1W&:[BRKB6R\BDIG#8>BQ%,4WDB/@!1'5:/O9]0;A`$Z2]@O-V&
MLB%ZEQ[A:9KMTF[?=-VMHR.[K"]-(L?V19+;YBTFV$277\2&NPG&SMIA>4/^
MH+Q?_*@Z[CST96G\J#1F4>*W9@NOB);[!Y$ZB+T6UUV9ZFGLBS*V3B,LHLS$
MKR0F?PF(&BG;Y=!%30_07N`X=YYXQK;NHY8IB:4U>*`/6@A,"B1I]9UX&9&D
MY7%1FOZ\D2,9.;'?D,GJQ9"3:1QK'$VBN#SM@X4:-W6#TI[J>.;-X]H?L>?+
M6/0T3Z)5L?>N*YG,"D$VMXL`JF0&@LXGS>!4FPLPZYJ^,L@N\GE%EI,<0N&Q
MIZP*3`P#2=ML+VG0>;Q*RX7$K%@,B$2^#3R,@IE#96`>I$04FBLG%M34?D`8
M@AG9%\*,"7K0@P=I9RFX:N$E=<_#;X>93Y4''F:%E>Z:[)7-WC3</QEZ_P"D
M!E4,'KI31C&RO85LW28N><_*<[[,FQ0C'N:*_BJIC79ILQCS)TSWSN@_>*:U
M<^Z?J"2=T>OWM/3FJ5'6G"]8UVE%)+T37+@0HIV!TO)[0B-9UWSW2!XLFNP*
M\YPN='!3_HJW(TV(L+0>*#J>JJ2[(C[*(:WT4#S9+./^.N:^7^;/X>Y4I"/T
MC710E9.A_(DE"@)D`G=TE;-X<BR=/;%D@3::FXI]1D<"<3TJ/>213`C#]):;
M7[_U_P"?^OC^W_S[_P#/E'7;?&/8EQ=HR,G1)*-PWG_L#D&N>4^G+O3G*P*U
MZ&A-.7+:UAR#6HXFB,54DDWO6"7=(ZYBTBR_1&UF4'/IH;POED%"G[;1E&U0
M"I1MSM'H,!C5+,:XWJ0;7<=;9#1T376\<4B6(J*;L-F^[$>E'EE!R.S?=-=/
M7;Y^%/GYSOFG&K/65U>9J6BN%NI+GJ25>OOF-B,C`D-5R$X#W/UW6E8ND!%#
MU%U*/,"6<"CE6`82U%M;EB4#)2G:\3L<!Z/BL6BR\A!F=Y\T^G:BN;93`$F-
MH7)8]!T#/Y[:'*')M@.:]5H+FRP+"F9Z=/)Q%A,<@8&76!,X06E4H'T_);?E
MDY?5,"D!)O$,-"^Z!QO;CG37/P_;./P_#&/AG.O[8_IG\.<?'7_QS\<9_KCS
M3]L<\4)?*\)<W=2E37`YK61)RZNW%GUU$)ZO!)4ELWW2DD.5E(<JI&SFF[-I
MMJ3$;-'?XFC7;93;9NCE.&D\].?K!LVR2ELS;B.@S4T/D%B\G5_2.XR-3$PY
M=:/79F;P$*^&U_-C3MTGA=T7E47+D7&ZCCY[A3#ISA7GT]ZM.9;TJR)1FK(C
M%N3KAI+Z<SRGT/SW`(;!K!YKF`G&BH9Q#$@(L.S(UZ0W12$V!4S]1*(3^*+/
M09!%D[W'F1MAT89GA\;`,92892&3,P@IK(3PT/M'AQLZW'MT2Y=@!V(E]@C(
MF1T<OF@C8J3R,;KIL<D'OT_U*O[GE85R=A=8;=63'F;E#ENKK2<4W5%57':\
MBOCHU]0.TA!W$?G0"+1^DQ$=J"Y'TI>,%*[D^\DE\O1B4.&%V6D50</2:NZZ
M57'0W5'>O4O??&7/U=>N4]&I_P`@9E/:%XPR^NH:<BE,,W,\B-L<Y<OS=.VJ
M5VO,Q*HRP/DK5EF8:G6@FQ'I0$)6_3`X6,>&<\_:OQET--?7!V/T1U^X!];]
M2#.?Y3':&YOIR!E2?-'-!NPFXVMC\OHROY"/*6#:EX#8Y)#A;'05F;NYP#21
M<H5%$JF&N"0XI+U?UOI=)>NCI**RJORE(]-=Q\D`*Y(12TK&VM1KS`G'*P9C
M*0YRCDL!PV+*C:7IJ6M4)$9!`8SL3,S.16#*)`^ELJ+K%W$+=$?9(5Z@NBQ>
MHO7@"LCH*]^28/S1Q3'(X7%W?P?S;!I<4/*]&#NS+/),X8K\V0V$"KRQ;(91
MZ"S4O,JH'1:M:FR=*L)?MK8W3?IWH.IX5Z\*N3)*%:E]>ZDLLN*5MO'!B(>Q
MNJI*T;)#.C9@0^=AU^;P5Z:LXO#XDBQV$LS,Z8$5W6=81'6*?*J_4E#(/TK8
M-K3*Y9=:%`+7[:/5%$<B'8O&V-74YT7?C-WFY[:D)='ZLS<L@5+F9>^IIA,$
M6D?I-O/)?@$)+G'`20`Z4C?H.[II3H;F070W1@F^*?KOER^^6:BM^\AD6@);
MUK`;!E8]8/;])P"`+_FURWZQKH[.046F#I>.D7LW3CQF6S",1P%'QHZ>M)>F
M3JGC*%UO+.6N[Q,QZ.AO/@?E&7:]&4*!=\W3[GR%M2K&HX4"K>M2PB<U,3J-
M\=+V`C)A4^F3ZVI\8E;ZV432<IU<`;H./>;8UQ[RW0/+\2)NSH&B:GA59M#[
M_11%[(EHN%;,B<B=-5';W#!8^6P_,[#4'2K09A]@<RVPT:H:XDCY`OI?UK<E
M=;6(WLZZ(9+R,B=P@55T[9Q&VK3K>+W+58&3NIF#J^\HC`);'8];]?"900)%
MFD6G#`J.S^;%QKG1P&*OQKC)NQN0A_3'+KSGJ!REI1Q&.GZ6G-.2<%$QIF.5
MS-^=K,A%L5+JO7>KD*#/P09(J_!"2\(PL-8N8ONZ8"UQ;M(>\:2/JQA98ROH
MHRN220V76BD*3WG,@KR)EX+!B$A756</<Q*)GY7.#H2/MLK:,A;0U+I`6V:M
MDW!$FX>+K9QG_CQX\>/'CQX\>58=O\J=(ENAN=^ZN(S-=(]"47'IK5-H5%:)
M8M#H+U;S5.'PJ3DJ@-V*#CLQ)0.60Z9@DIG4,JWBA8.%EA0E@_IJ!?E$'F9>
MOWFJYZR>='=(]6MX"GU;U]:[><S@17IM_,(Y4%10:.#X50O.0"=%`$5=R\-5
M\=;')"6,I1@".)V-8<^*#V2[9XD1>6.9QC.,XS\?AG^V<XS_`.LXSC./\XSY
M]^WV\^9UUSG&V==<[8^V<XQG./\`&?OC[Y_[\^^/'CQX\>/'CQX\>/'CQX\>
#//_9
`
end
</TEXT>
</DOCUMENT>
</SUBMISSION>
