BankUnited to Participate in the Bear Stearns SMid-Cap Conference

Business Wire, Nov 8, 2006

CORAL GABLES, Fla. -- BankUnited Financial Corporation (NASDAQ:BKUNA) is scheduled to participate at the Bear Stearns SMid-Cap Investor Conference at 2:30 p.m. EST on Wednesday, Nov. 15. Bert Lopez, BankUnited's senior executive vice president and chief financial officer, will present the company's strategic and financial overview, which will be made available for 30 days on BankUnited's website at www.bankunited.com.

BankUnited Financial Corp. (NASDAQ:BKUNA) is the holding company for BankUnited FSB, the largest banking institution headquartered in Florida. With assets of $13.6 billion as of Sept. 30, 2006, BankUnited serves customers in 11 Florida counties through 75 branches. BankUnited provides a full spectrum of consumer and commercial banking services, mortgage and loan products, and investment and financial planning services. The company's online banking products can be accessed through www.bankunited.com. For additional information, call 877-779-2265.

Forward-Looking Statements

This press release, and the presentation to which it refers, may contain certain forward-looking statements, which are based on management's expectations regarding factors that may impact the Company's earnings and performance in future periods. Words and phrases such as: "will likely result," "expect," "will continue," "anticipate," "estimate," "project," "believe," "intend," "should," "may," "can," "could," "plan," "target" and similar expressions are intended to identify "forward-looking statements." Actual results or performance could differ from those implied or contemplated by such statements. Factors that could cause future results and performance to vary materially from current management expectations include, but are not limited to, general business and economic conditions; fiscal and monetary policies; war and terrorism; changes in interest rates; deposit flows; loan demand and real estate values; competition with other providers of financial products and services; the issuance or redemption of additional company equity or debt; volatility in the market price of our common stock; changes in accounting principles, policies or guidelines; changes in laws or regulation; reliance on other companies for products and services; and other economic, competitive, servicing capacity, governmental, regulatory and technological factors affecting the company's operations, pricing, products and delivery of services.