Michigan Heritage Bancorp, Inc. (OTC Bulletin Board: MHBC) announced today that it has postponed until October 6, 2009 the previously announced special meeting of shareholders which was scheduled to be held on September 14, 2009 at 2:00 p.m. local time at the offices of Dykema Gossett PLLC, legal counsel for Michigan Heritage Bancorp, located at 39577 Woodward Avenue, Suite 300, Bloomfield Hills, Michigan for shareholders of record on August 7, 2009. The special meeting is now scheduled to be held on October 6, 2009 at 2:00 p.m. local time at the same location (the offices of Dykema Gossett PLLC in Bloomfield Hills). The purpose of this meeting is to seek approval of a proposal to dissolve Michigan Heritage Bancorp in accordance with relevant law and pursuant to a plan of dissolution.

Based on preliminary estimates of the vote count, the company believes that substantially more votes are in favor of the proposal to dissolve the company than against it; however, at this time, the number of votes cast does not constitute a quorum. The company has postponed the special meeting to provide an opportunity for additional stockholders to vote on the proposal. The company intends to continue to solicit votes and proxies in favor of the dissolution during the postponement. During this time, stockholders will continue to be able to vote their shares for or against the proposal, or to change previously cast votes.

The company has delivered to its shareholders a proxy statement in connection with the solicitation of proxies by the board of directors for the special meeting of shareholders to which this communication relates. The proxy statement contains important information that shareholders should read before making any voting decision including a copy of the plan of dissolution. The proxy statement and proxy may be obtained for free by contacting Dykema Gossett at (248) 203-0734.

As described in the company's proxy statement, approval of the proposal requires the affirmative vote of a majority of the outstanding shares of the company's common stock. The company's board of directors requests that all shareholders review the proxy statement and the attached Plan of Dissolution, vote on the proposal and return the proxy as instructed in the proxy statement.