SAN DIEGO, CA -- (MARKET WIRE) -- 07/14/05 -- B of I Holding, Inc. (NASDAQ: BOFI) today announced it joined the newly launched Russell Microcap(TM) Index.

The index offers portfolio managers and other investors a comprehensive, unbiased barometer to compare their performance against the genuine Microcap marketplace of stocks. Russell recently posted the complete index membership list at www.russell.com/US/Indexes.

"We are pleased with our inclusion in this new index," said B of I Holding, Inc. CFO, Andrew J. Micheletti. "Our participation will help generate greater interest in our stock at an institutional level."

Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. Companies on the list represent more than $2.5 trillion in assets. Investment managers who oversee these funds purchase shares of members' stocks according to that company's weighting in the particular index.

B of I Holding, Inc. (the company) is the holding company of Bank of Internet USA and trades on NASDAQ under the symbol of BOFI.

The Bank of Internet USA is a consumer focused, FDIC insured, nationwide savings bank operating primarily over the Internet and dedicated to making banking easier and less expensive for consumers. It offers a variety of banking services, focusing primarily on gathering retail deposits over the Internet and originating and purchasing multifamily and single-family loans and mortgage-backed securities. Bank of Internet has a unique, low cost business model and offers its products through its websites: www.BofI.com and www.ApartmentBank.com which include deposit accounts such as free interest-bearing checking accounts with online paid-check copies, bill payment, account statements, ATM or Visa Check Card and ATM Fee reimbursement anywhere in the world.

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