PRESS RELEASE
July 21, 2005

Contact
Ken F. Parsons, Sr. – Chairman / CEO
(360) 459 -1100
(360) 459 - 0137 (fax)

Venture Financial Group Announces Cash Dividend

Olympia, Wash. - July 21, 2005 - Olympia, Wash. July 21, 2005 - Venture Financial Group, Inc., parent company of Venture Bank, announced that on July 20, 2005, the Board of Directors declared a cash dividend of $.07 per share payable August 12, 2005 to all shareholders of record as of August 1, 2005.

The declared dividend marks the twenty-sixth consecutive quarterly dividend to be paid.

Venture Bank, with 14 financial centers in four western Washington counties offers a full spectrum of financial services including commercial, construction, residential and consumer lending, deposit products, and other banking services. The bank also provides a broad range of investment services through its subsidiary Venture Wealth Management, Inc. Further information about the bank may be found on the Internet at www.venture-bank.com.

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