1 ================================================================================ /------------------------------/ / OMB APPROVAL / /------------------------------/ / OMB Number: 3235-0287 / / Expires: January 31, 2005 / / Estimated average burden / / hours per response...... 0.5 / /------------------------------/ +--------+ | FORM 4 | U.S. SECURITIES AND EXCHANGE COMMISSION +--------+ WASHINGTON, D.C. 20549 [_] Check this box if no longer subject STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP to Section 16. Form 4 or Form 5 Filed pursuant to Section 16(a) of the Securities obligations may Exchange Act of 1934, Section 17(a) of the continue. See Public Utility Holding Company Act of 1935 or Instruction 1(b). Section 30(h) of the Investment Company Act of 1940 (Print or Type Responses) -------------------------------------------------------------------------------- 1. Name and Address of Reporting Person* McMahon, Phillip O. -------------------------------------------------------------------------------- (Last) (First) (Middle) 311 South Fifth Street -------------------------------------------------------------------------------- (Street) Ironton, Ohio 45638 -------------------------------------------------------------------------------- (City) (State) (Zip) 2. Issuer Name and Ticker or Trading Symbol Lawrence Financial Holdings, Inc. ----------------------------------- (LWFH) -------------------------------------------------------------------------------- 3. I.R.S. Identification Number of Reporting Person, (Voluntary) --------------- 4. Statement for Month/Day/Year 04/17/2003 ----------------------------------------------- 5. If Amendment, Date of Original (Month/Day/Year) ---------------------------- 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director Officer 10% Owner Other ----- ---- (give title below) ---- ---- (specify below) ---------------------------------------------------------------------------- 7. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person ---- Form filed by More than One Reporting Person ----

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Explanation of Responses: SEE ATTACHED STATEMENT /s/ Aaron M. Kaslow 04/21/03 -------------------------------- -------------------- **Signature of Reporting Person Date By: Aaron M. Kaslow, Power of Attorney For: Phillip O. McMahon ** Intentional misstatements or ommissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this form, one of which must be manually signed. If space provided is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. Page 2 of 3 3 Lawrence Financial Holdings, Inc. (LWFH) McMahon, Phillip O. Form 4 - 04/17/2003 311 South Fifth Street Ironton, OH 45638 ================================================================================ Explanation of responses: (1) The remaining Stock Awards granted pursuant to the Lawrence Financial Holdings, Inc. 2001 Stock-Based Incentive Plan, vest in four equal annual installments commencing on December 31, 2002. (2) Non-Statutory Stock Options to acquire 776 shares granted pursuant to the Lawrence Financial Holdings, Inc. 2001 Stock-Based Incentive Plan were exercisable as of the date of grant. The remaining options vest in four equal annual installments commencing on December 31, 2002. Page 3 of 3

MCMAHON PHILLIP O 4