February 24, 2006

AUBURN NATIONAL BANCORPORATION, INC.
INCREASES QUARTERLY DIVIDEND

AUBURN, Alabama, February 23, 2006 – The Board of Directors of Auburn National Bancorporation, Inc. has declared a first quarter $0.16 per share cash dividend for shareholders of record March 10, 2006, payable March 27, 2006. This represents a 10% increase over dividends declared for the fourth quarter of 2005.  On an annual basis, the cash dividend paid to shareholders has increased in 10 of the last 11 years.

Auburn National Bancorporation, Inc. is the parent company of AuburnBank with total assets of approximately $608 million.  The common stock of the company trades on the Nasdaq Capital Market under the symbol “AUBN.”

For additional information, contact E. L. Spencer, Jr. at (334) 821-9200.