On or about May 5, 2009, the plan trustee for the The Dime Savings Bank of Williamsburgh 401(K) Plan (the "Plan") mailed a notice to directors, executive officers, officers and employees of Dime Community Bancshares, Inc. (the "Company") and its wholly owned subsidiary, the Dime Savings Bank of Williamsburgh (the "Bank"), informing them that a blackout period with respect to the Plan will be in effect beginning at 4:00 PM Eastern Time on June 12, 2009, and ending on June 30, 2009. The notice was provided to the directors and executive officers in accordance with Section 306 of the Sarbanes-Oxley Act of 2002, and Rule 104 of Regulation BTR. Outside directors of both the Company and Bank are not eligible to participate in the Plan. Three employee directors of both the Company and Bank, as well as all executive officers of both the Company and Bank, do participate in the Plan.

A copy of the notice dated May 5, 2009 is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

(d) Exhibits

  Exhibit No.                Description

99.1           Notice sent to executive officers, officers and employee
               participants of The Dime Savings Bank of Williamsburgh 401(k) Plan
               on or about May 5, 2009.