Baylake Corp. Declares Quarterly Dividend

Baylake Corp. (OTC Bulletin Board: BYLK) announced that its Board of Directors on February 15, 2005 declared a regular quarterly dividend of $0.15 per share on the company's common stock. The dividend is payable on March 15, 2005 to shareholders of record on March 1, 2005.

Baylake Bank serves northeastern and central Wisconsin from 27 financial centers in Brown, Door, Green Lake, Kewaunee, Manitowoc, Outagamie, Waupaca, and Waushara counties, and from their website at www.baylake.com.