X0202 4 2005-03-02 1 0000930182 FRANKFORT FIRST BANCORP INC FKKY 0001254851 DAVENPORT C MICHAEL 216 W. MAIN STREET FRANKFORT KY 40602 1 0 0 0 Common Stock 2005-03-02 4 D 0 20000 D 0 D Stock option (right to buy) 14.91 2005-03-02 4 D 0 4747 0 D 1996-10-29 2006-10-29 Common Stock 4747 0 D Disposed of pursuant to the Agreement of Merger between First Federal Savings and Loan Association and Frankfort First Bancorp, dated July 15, 2005 and amended and restated on November 3, 2004 and November 30, 2004, in exchange for 1.95148 shares of Kentucky First Federal Bancorp common stock having a market value of $10 per share on March 2, 2005, the effective date of the merger, and a cash payment equal to $79,720, including cash paid in lieu of the resultant fractional share. This option was canceled immediately prior to the effective time of the merger in exchange for a cash payment of $40,776.73, representing the excess of the $23.50 per share merger consideration over the exercise price for each share subject to this option. /s/ Davenport, C. Michael 2005-03-02