Exhibit 1
AGREEMENT OF JOINT FILING
Pursuant to Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby consent to the joint filing on their behalf of a
single Schedule 13G and any amendments thereto, with respect to the beneficial
ownership by each of the undersigned of shares of common stock of Alliance
Financial Corp. The undersigned hereby further agree that this statement may be
executed in any number of counterparts, each of which when so executed shall be
deemed to be an original, but all of which counterparts shall together
constitute one and the same instrument.
DATED: March 30, 2009
▇▇▇▇▇▇▇ Asset Management Corporation
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Portfolio Administrator
DATED: March 30, 2009
▇▇▇▇▇▇▇ Securities Inc.
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Vice President