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  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  <P align="right" style="font-size: 10pt">As filed with the Securities
  and Exchange Commission on April&nbsp;6, 2005
  <div align="right" style="font-size: 10pt">Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</div>
  
  
  
  <DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
  <DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>
  
  
  
  
  <DIV align="center" style="font-size: 14pt"><B>UNITED STATES<BR>
  SECURITIES AND EXCHANGE COMMISSION</B></DIV>
  
  <DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
  </DIV>
  
  
  <P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">
  
  
  <P align="center" style="font-size: 18pt"><B>FORM S-8</B>
  
  
  <DIV align="center" style="font-size: 12pt"><B>REGISTRATION STATEMENT<BR>
  <I>UNDER<BR>
  THE SECURITIES ACT OF 1933</I></B></DIV>
  
  
  <P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">
  
  
  <P align="center" style="font-size: 24pt"><B><FONT style="font-variant: SMALL-CAPS">Benjamin Franklin Bancorp, Inc.</FONT></B>
  
  
  <DIV align="center" style="font-size: 10pt"><I>(Exact Name of Registrant as Specified in Its Charter)</I></DIV>
  
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="48%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD>
      <TD width="24%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="25%">&nbsp;</TD>
  </TR>
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Massachusetts</B>
  </DIV></TD>
      <TD nowrap valign="top">&nbsp;</TD>
  
      <TD>&nbsp;</TD>
      <TD nowrap align="right" valign="top">&nbsp;</TD>
      <TD nowrap align="right" valign="top"><B>04-3336598</B></TD>
  </TR>
  <TR valign="bottom">
      <TD nowrap valign="top"><DIV style="margin-left:0px; text-indent:-0px"><I>(State or Other Jurisdiction of Incorporation or Organization)</I>
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD nowrap colspan="3" align="right" valign="top"><I>(I.R.S. Employer Identification No.)</I>
  </TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="right" valign="top">&nbsp;</TD>
      <TD align="right" valign="top">&nbsp;</TD>
      <TD valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>58 Main Street, Franklin, MA</B>
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD nowrap valign="top">&nbsp;</TD>
      <TD nowrap align="right" valign="top">&nbsp;</TD>
      <TD align="right" valign="top"><B>02038</B></TD>
  </TR>
  <TR valign="bottom">
      <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><I>(Address of Principal Executive Offices)</I>
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD nowrap colspan="3" align="right" valign="top"><I>(Zip Code)</I>
  </TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  <P align="center" style="font-size: 10pt"><FONT style="font-variant: SMALL-CAPS"><B>Savings Banks Employees Retirement Association 401(k) Plan </B></FONT>
  
  
  <DIV align="center" style="font-size: 10pt"><FONT style="font-variant: SMALL-CAPS"><B>As Adopted by Benjamin Franklin Bank </B></FONT></DIV>
  
  
  
  <P align="center" style="font-size: 10pt"><I>(Full Title of the Plan)</I>
  
  
  
  <P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">
  
  
  
  <P align="center" style="font-size: 10pt">Thomas R. Venables<BR>
  President and Chief Executive Officer<BR>
  Benjamin Franklin Bancorp, Inc.<BR>
  58 Main Street<BR>
  Franklin, MA 02038<BR>
  <I>(Name and Address of Agent For Service)</I>
  
  
  
  <P align="center" style="font-size: 10pt">(508)&nbsp;538-7000<BR>
  <I>(Telephone Number, Including Area Code, of Agent For Service)</I>
  
  
  
  <P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">
  
  
  
  <P align="center" style="font-size: 10pt"><B><I>WITH A COPY TO:</I></B><BR>
  Carol Hempfling Pratt, Esq.<BR>
  Foley Hoag<FONT style="font-variant: SMALL-CAPS"> llp</FONT><BR>
  155 Seaport Boulevard<BR>
  Boston, Massachusetts 02210<BR>
  (617)&nbsp;832-1000
  
  
  
  <P align="center" style="font-size: 10pt"><HR size="1" noshade width="26%" align="center" color="#000000">
  
  
  
  <P align="center" style="font-size: 10pt"><B>CALCULATION OF REGISTRATION FEE</B>
  
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="1%">&nbsp;</TD>
      <TD width="62%">&nbsp;</TD>
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      <TD width="7%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD><!-- VRule -->
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      <TD width="1%">&nbsp;</TD>
      <TD width="7%">&nbsp;</TD>
  
      <TD width="1%">&nbsp;</TD>
  </TR><TR style="font-size: 1px" valign="bottom">
      <TD nowrap align="left" colspan="15" style="border-bottom: 3px double #000000">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>
  
      <TD nowrap align="center"><B>Title of</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>Amount</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>Proposed maximum</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>Proposed maximum</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>Amount of</B></TD>
      <TD width="1%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>
  
      <TD nowrap align="center"><B>securities to be</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>to be</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>offering price</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>aggregate</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>registration</B></TD>
      <TD width="1%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>
  
      <TD nowrap align="center"><B>registered</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>registered</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>per share (2)</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>offering price (2)</B></TD>
      <TD style="border-right: 1px solid #000000">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center"><B>fee</B></TD>
      <TD width="1%">&nbsp;</TD>
  </TR>
  
  <!-- End Table Head -->
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      <TD width="1%" style="border-top: 3px double #000000">&nbsp;</TD>
                      <TD style="border-top: 3px double #000000"><DIV style="margin-left:15px; text-indent:-15px">Common stock, no par value</DIV></TD>
      <TD style="border-right: 1px solid #000000; border-top: 3px double #000000">&nbsp;</TD>
      <TD style="border-top: 3px double #000000">&nbsp;</TD>
  
  <TD align="center" valign="top" style="border-top: 3px double #000000" nowrap>500,000(1)</TD>
      <TD style="border-right: 1px solid #000000; border-top: 3px double #000000">&nbsp;</TD>
      <TD style="border-top: 3px double #000000">&nbsp;</TD>
      <TD align="center" valign="top" style="border-top: 3px double #000000">$10.00</TD>
      <TD style="border-right: 1px solid #000000; border-top: 3px double #000000">&nbsp;</TD>
      <TD style="border-top: 3px double #000000">&nbsp;</TD>
      <TD align="center" valign="top" style="border-top: 3px double #000000">$5,000,000</TD>
      <TD style="border-right: 1px solid #000000; border-top: 3px double #000000">&nbsp;</TD>
      <TD style="border-top: 3px double #000000">&nbsp;</TD>
  
  <TD align="center" valign="top" style="border-top: 3px double #000000">$588.50</TD>
      <TD width="1%" style="border-top: 3px double #000000">&nbsp;</TD>
  </TR>
  <TR style="font-size: 1px" valign="bottom">
      <TD nowrap align="left" colspan="15" style="border-top: 3px double #000000">&nbsp;</TD>
  </TR>
  
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  <P>
  <HR size="1" width="18%" align="left" noshade color="#000000">
  
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top">
      <TD width="1%" nowrap align="left">(1)</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="96%">Represents an estimate of such presently undeterminable number of shares as may be purchased with
  employee contributions pursuant to the Savings Banks Employees Retirement Association 401(k) Plan as adopted
  by Benjamin Franklin Bank (the &#147;Plan&#148;). In addition, pursuant to Rule 416(c) under the Securities Act of
  1933, as amended (&#147;Securities Act&#148;), this registration statement also covers an indeterminate amount of
  interests to be offered or sold pursuant to the Plan. Pursuant to Rule&nbsp;457(h)(2), no separate fee is required
  for the participation interests.</TD>
  </TR>
  
  <TR><TD>&nbsp;</TD></TR>
  
  <TR valign="top">
      <TD width="1%" nowrap align="left">(2)</TD>
      <TD width="3%">&nbsp;</TD>
      <TD width="96%">Estimated solely for purpose of calculating the registration fee in accordance with Rule 457(h) of the
  Securities Act of 1933, as amended (the &#147;Securities Act&#148;), pursuant to which shares of common stock of
  Benjamin Franklin Bancorp offered pursuant to the Plan are deemed to be offered at $10 per share, the price at
  which shares of Benjamin Franklin Bancorp common stock were offered to the public pursuant to the
  Registration Statement on Form S-1, as amended (Registration No.&nbsp;333-121154).</TD>
  </TR>
  
  </TABLE>
  
  
  
  <DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
  <DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
  
  
  
  
  
  <P align="center" style="font-size: 10pt">&nbsp;
  </DIV>
  
  <!-- PAGEBREAK -->
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  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  
  
  
  
  
  <!-- TOC -->
  <A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>
  
  <P><CENTER>
  <TABLE border="0" width="90%" cellpadding="0" cellspacing="0">
  <TR>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
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  	<TD width="3%"></TD>
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  	<TD width="3%"></TD>
  	<TD width="3%"></TD>
  	<TD width="76%"></TD>
  </TR>
  <TR><TD colspan="9"><A HREF="#000">PART II</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#001">Item&nbsp;3. Incorporation of Documents by Reference</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#002">Item&nbsp;4. Description of Securities</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#003">Item&nbsp;5. Interest of Named Experts and Counsel</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#004">Item&nbsp;6. Indemnification of Directors and Officers</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#005">Item&nbsp;7. Exemption from Registration Claimed</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#006">Item&nbsp;8. Exhibits</A></TD></TR>
  <TR><TD></TD><TD colspan="8"><A HREF="#007">Item&nbsp;9. Undertakings</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#008">SIGNATURES</A></TD></TR>
  <TR><TD colspan="9"><A HREF="#009">POWER OF ATTORNEY</A></TD></TR>
  <TR><TD colspan="9"><A HREF="b54456bfexv23w1.htm">Ex-23.1 Consent of Wolf & Company, P.C.</A></TD></TR>
  </TABLE>
  </CENTER>
  <!-- /TOC -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  
  
  
  <!-- link1 "PART II" -->
  <DIV align="left"><A NAME="000"></A></DIV>
  
  <P align="center" style="font-size: 10pt"><B>PART II</B>
  
  
  
  <P align="center" style="font-size: 10pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>
  
  
  <!-- link2 "Item&nbsp;3. Incorporation of Documents by Reference" -->
  <DIV align="left"><A NAME="001"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;3. Incorporation of Documents by Reference</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents, which we filed with the Securities and Exchange Commission, are
  incorporated by reference in this registration statement:
  
  
  <P>
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">(a)&nbsp;&nbsp;</TD>
      <TD>Our Current Report on Form 8-K (Items 7.01 and 9.01) filed with the
  Commission on February&nbsp;25, 2005.</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">(b)&nbsp;&nbsp;</TD>
      <TD>Our Current Report on Form 8-K (Item&nbsp;8.01) filed with the Commission on
  February&nbsp;25, 2005.</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">(c)&nbsp;&nbsp;</TD>
      <TD>Our Current Report on Form&nbsp;8-K (Items&nbsp;8.01 and
  9.01) filed with the Commission on April&nbsp;1, 2005.</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">(d)&nbsp;&nbsp;</TD>
      <TD>Our Annual Report on Form 10-K for the fiscal year ended December&nbsp;31,
  2004, filed with the Securities and Exchange Commission (the &#147;Commission&#148;) on March
  29, 2005.</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">(e)&nbsp;&nbsp;</TD>
      <TD>The description of our common stock contained in our registration
  statement on Form 8-A filed with the Securities and Exchange Commission under
  Section&nbsp;12 of the Securities Exchange Act of 1934, including any amendment or
  report filed for the purpose of updating such description.</TD>
  </TR>
  
  </TABLE>
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents we subsequently file, or which are subsequently filed by the Plan, pursuant to
  Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
  amendment which indicates that all securities offered have been sold or which deregisters all
  securities then remaining unsold, shall be deemed to be incorporated by reference in this
  registration statement and to be a part hereof from the dates of filing of those documents.
  
  <!-- link2 "Item&nbsp;4. Description of Securities" -->
  <DIV align="left"><A NAME="002"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;4. Description of Securities</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
  
  <!-- link2 "Item&nbsp;5. Interest of Named Experts and Counsel" -->
  <DIV align="left"><A NAME="003"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;5. Interest of Named Experts and Counsel</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.
  
  <!-- link2 "Item&nbsp;6. Indemnification of Directors and Officers" -->
  <DIV align="left"><A NAME="004"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;6. Indemnification of Directors and Officers</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sections&nbsp;8.50-8.59 of the Massachusetts Business Corporation Act authorize a Massachusetts
  corporation to indemnify its present and former directors and officers under certain conditions.
  Article&nbsp;7 of our by-laws provides that we shall indemnify each person who serves or has served as a
  director or officer at the level of Vice President or above to the fullest extent permitted by
  applicable law, against expenses (including attorney&#146;s fees), judgments, fines, ERISA excise taxes,
  penalties, and amounts
  
  
  <P align="center" style="font-size: 10pt">-2-
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  <P align="left" style="margin-left: 0%; text-indent: 0%; margin-right: 0%; font-size: 10pt">reasonably paid in settlement incurred in connection with any threatened, pending or completed
  action, suit, arbitration, alternate dispute resolution mechanism, inquiry, investigation,
  administrative hearing or any other proceeding whether civil, criminal, administrative, arbitrative
  or investigative (without regard to whether the basis of such proceeding is alleged action in an
  official capacity as a director or officer or in any other capacity for or on behalf of Benjamin
  Franklin Bancorp while serving as a director or officer) or any claim, issue or matter therein,
  which proceeding such director or officer is, or is threatened to be made, a party to or
  participant in by reason of the fact that he or she is or was one of our directors or officers or
  was serving at our request as a director, officer, trustee, or in a similar capacity with another
  corporation, partnership, joint venture, trust, employee benefit plan or other enterprise. The
  rights of indemnification continue as to a director or officer after he or she has ceased to be a
  director or officer and shall inure to the benefit of his or her heirs, estate, executors,
  administrators and personal representatives. No amendment, termination or repeal of the provisions
  of Article&nbsp;7 of our by-laws or of the relevant provisions of the Massachusetts Business Corporation
  Act shall affect or deprive a director or officer of the benefit of those by-laws or applicable law
  with respect to any proceeding arising out of or relating to any actions, transactions or facts
  occurring prior to such amendment, termination or repeal.
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;2.02 of the Massachusetts Business Corporation Act authorizes a Massachusetts
  corporation to adopt a charter provision eliminating or limiting the personal liability of
  directors to the corporation for monetary damages for breach of fiduciary duty as directors,
  provided that the provision may not eliminate or limit the liability of directors for:
  
  
  <P>
  <TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
  
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
      <TD>any breach of the director&#146;s duty of loyalty to the corporation or its
  stockholders;</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
      <TD>any acts or omissions not in good faith or which involve intentional misconduct
  or a knowing violation of law;</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
      <TD>any improper distributions to stockholders under Section&nbsp;6.40 of the
  Massachusetts Business Corporation Act; or</TD>
  </TR>
  
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  <TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
      <TD width="6%" style="background: transparent">&nbsp;</TD>
      <TD width="1%" nowrap align="left">&#149;&nbsp;&nbsp;</TD>
      <TD>any transaction from which the director derived an improper personal benefit.</TD>
  </TR>
  
  </TABLE>
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;6.5.4 of Benjamin Franklin Bancorp&#146;s articles of organization provides that, to the
  maximum extent permitted by the Massachusetts Business Corporation Act, none of our directors shall
  be personally liable to us or our stockholders for monetary damages for breach of fiduciary duty as
  a director notwithstanding any provision of law imposing such liability. No amendment to or repeal
  of the provisions of Section&nbsp;6.5.4 shall apply to or have any effect on the liability or alleged
  liability of any director for or with respect to any act or failure to act of such director
  occurring prior to such amendment or repeal. If the Massachusetts Business Corporation Act is
  subsequently amended to further eliminate or limit the personal liability of directors or to
  authorize corporate action to further eliminate or limit such liability, then the liability of the
  directors will be eliminated or limited to the fullest extent permitted by the Massachusetts
  Business Corporation Act as so amended. A principal effect of Section&nbsp;6.5.4 is to limit or
  eliminate the potential liability of our directors for monetary damages arising from breaches of
  their duty of care, unless the breach involves one of the four exceptions described above.
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;8.57 of the Massachusetts Business Corporation Act also authorizes a Massachusetts
  corporation to obtain insurance on behalf of its directors and officers against liability incurred
  by them in those capacities. We have procured a directors&#146; and officers&#146; liability and company
  reimbursement liability insurance policy that insures (a)&nbsp;our directors and officers against
  losses, above a deductible amount, arising from specified types of claims made against them by
  reason of enumerated acts done or attempted by our directors or officers and (b)&nbsp;us against losses,
  above a deductible amount, arising from any of the specified types of claims, but only if we are
  required or permitted to indemnify our directors or
  
  
  <P align="center" style="font-size: 10pt">-3-
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  <P align="left" style="font-size: 10pt">officers for those losses under statutory or common law or under provisions of our articles of
  organization or by-laws.
  
  <!-- link2 "Item&nbsp;7. Exemption from Registration Claimed" -->
  <DIV align="left"><A NAME="005"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;7. Exemption from Registration Claimed</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not Applicable.
  
  <!-- link2 "Item&nbsp;8. Exhibits" -->
  <DIV align="left"><A NAME="006"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;8. Exhibits</B>
  
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="8%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD>
      <TD width="90%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Articles of Organization of Benjamin Franklin Bancorp, Inc.
  (incorporated by reference to our Registration Statement on
  Form&nbsp;S-1, File No.&nbsp;333-121154, filed on December&nbsp;10, 2004).</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">By-Laws of Benjamin Franklin Bancorp, Inc. (incorporated by
  reference to our Registration Statement on Form&nbsp;S-1, File No.
  333-121154, filed on December&nbsp;10, 2004).</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Form of Certificate of Common Stock (incorporated by
  reference to our Registration Statement on Form&nbsp;8-A, File No.
  000-51194, filed on March&nbsp;9, 2005.).</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Consent of Wolf &#038; Co., P.C.</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Power of Attorney (contained on signature page).</TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant has submitted or hereby undertakes to submit the Plan and any amendment thereto
  to the Internal Revenue Service (&#147;IRS&#148;) in a timely manner and has made or will make all changes
  required by the IRS in order to qualify, or continue the qualification of, the Plan.
  
  <!-- link2 "Item&nbsp;9. Undertakings" -->
  <DIV align="left"><A NAME="007"></A></DIV>
  
  <P align="left" style="font-size: 10pt"><B>Item&nbsp;9. Undertakings</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned registrant hereby undertakes:
  
  
  
  <P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a
  post-effective amendment to this registration statement:
  
  
  
  <P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section&nbsp;10(a)(3) of the Securities
  Act;
  
  
  
  <P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the
  effective date of the registration statement (or the most recent post-effective
  amendment thereof) which, individually or in the aggregate, represent a fundamental
  change in the information set forth in the registration statement. Notwithstanding
  the foregoing, any increase or decrease in volume of securities offered (if the
  total dollar value of securities offered would not exceed that which was registered)
  and any deviation from the low or high end of the estimated maximum offering range
  may be reflected in the form of prospectus filed with the Commission pursuant to
  Rule 424(b) if, in the aggregate, the
  
  
  <P align="center" style="font-size: 10pt">-4-
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  <P align="left" style="margin-left: 6%; text-indent: 0%; margin-right: 0%; font-size: 10pt">changes in volume and price represent no more than a 20% change in the maximum
  aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148; table in
  the effective registration statement; and
  
  
  
  <P align="left" style="margin-left:6%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of
  distribution not previously disclosed in the registration statement or any material
  change to such information in the registration statement;
  
  
  <P align="left" style="margin-left: 3%; text-indent: 0%; margin-right: 0%; font-size: 10pt"><I>provided, however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
  required to be included in a post-effective amendment by those paragraphs is contained in
  periodic reports filed with or furnished to the Commission by the registrant pursuant to
  Section&nbsp;13 or Section 15(d) of the Exchange Act that are incorporated by reference in this
  registration statement.
  
  
  
  <P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each
  such post-effective amendment shall be deemed to be a new registration statement relating to
  the securities offered therein, and the offering of such securities at that time shall be
  deemed to be the initial <I>bona fide </I>offering thereof; and
  
  
  
  <P align="left" style="margin-left:3%; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of post-effective amendment any of the
  securities being registered which remain unsold at the termination of the offering.
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned registrant hereby undertakes that, for purposes of determining any
  liability under the Securities Act of 1933, each filing of the registrant&#146;s annual report pursuant
  to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the
  registration statement shall be deemed to be a new registration statement relating to the
  securities offered therein, and the offering of such securities at the time shall be deemed to be
  the initial <I>bona fide </I>offering thereof.
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the Securities Act may be
  permitted to directors, officers and controlling persons of the registrant pursuant to the
  foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
  Securities and Exchange Commission such indemnification is against public policy as expressed in
  the Act and is, therefore, unenforceable. In the event that a claim for indemnification against
  such liabilities (other than the payment by the registrant of expenses incurred or paid by a
  director, officer or controlling person of the registrant in the successful defense of any action,
  suit or proceeding) is asserted by such director, officer or controlling person in connection with
  the securities being registered, the registrant will, unless in the opinion of its counsel the
  matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
  question whether such indemnification by it is against public policy as expressed in the Act and
  will be governed by the final adjudication of such issue.
  
  
  
  <P align="center" style="font-size: 10pt">-5-
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  
  <!-- link1 "SIGNATURES" -->
  <DIV align="left"><A NAME="008"></A></DIV>
  
  <P align="center" style="font-size: 10pt"><B>SIGNATURES</B>
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it
  has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
  has duly caused this registration statement to be signed on its behalf by the undersigned,
  thereunto duly authorized, in Franklin, Massachusetts, on April&nbsp;6, 2005.
  
  
  <TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
  <TR>
      <TD width="48%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="35%">&nbsp;</TD>
      <TD width="15%">&nbsp;</TD>
  </TR>
  <TR>
      <TD valign="top" align="left">&nbsp;</TD>
      <TD colspan="3" align="left"><B>Benjamin Franklin Bancorp, M.H.C.</B><BR>
  &nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD valign="top">By:&nbsp;&nbsp;</TD>
      <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Thomas R. Venables
  &nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD colspan="2" align="left">Thomas R. Venables&nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD colspan="2" align="left">President and Chief Executive Officer&nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR>
  <TR>
      <TD colspan="5">&nbsp;</TD>
  </TR>
  </TABLE>
  <!-- link1 "POWER OF ATTORNEY" -->
  <DIV align="left"><A NAME="009"></A></DIV>
  
  <P align="center" style="font-size: 10pt"><B>POWER OF ATTORNEY</B>
  
  
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned officers and trustees of Benjamin Franklin Bancorp, Inc. hereby severally
  constitute and appoint Thomas R. Venables and Claire S. Bean, and each of them singly, our true and
  lawful attorneys-in-fact with full power of substitution, to sign any and all amendments (including
  post-effective amendments) to this Registration Statement, and to file the same, with all exhibits
  thereto, and all documents in connection therewith, with the Securities and Exchange Commission,
  granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do
  and perform each and every act and thing which they, or either of them, may deem necessary or
  advisable to be done in connection with this Registration Statement, as fully to all intents and
  purposes as the undersigned might or could do in person, hereby ratifying and confirming all that
  said attorneys-in-fact and agents or any of them, or any substitute or substitutes for either or
  both of them, may lawfully do or cause to be done by virtue hereof.
  
  
  <P align="left" style="font-size: 10pt">Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been
  signed by the following persons in the in the indicated capacities as
  of April&nbsp;6, 2005.
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="35%">&nbsp;</TD>
      <TD width="5%">&nbsp;</TD>
      <TD width="60%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 10pt" valign="bottom">
      <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
  </TR>
  <TR>
      <TD>&nbsp;</TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ Thomas R. Venables
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">President and Chief Executive Officer, Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Thomas R. Venables
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">(<I>Principal Executive Officer)</I></TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ Claire S. Bean
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Treasurer and Chief Financial Officer</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Claire S. Bean
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top"><I>(Principal Financial and Accounting Officer)</I></TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ Mary Ambler
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Mary Ambler</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ William P. Bissonnette
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">William P. Bissonnette</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  <P align="center" style="font-size: 10pt">S-1
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="38%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD>
      <TD width="60%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 10pt" valign="bottom">
      <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Signature</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Title</B></TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ William F. Brady, Jr.</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">William F. Brady, Jr.</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="center" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">John C. Fuller</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ Anne M. King</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Anne M. King</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Richard D. Mann</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">John D. Murphy</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Charles F. Oteri</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD>&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
  
  <TD align="left" valign="top" style="border-bottom: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">/s/ Alfred H. Wahlers
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">Alfred H. Wahlers</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">Director</TD>
  </TR>
  <TR valign="bottom">
      <TD align="center" valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">Charles Yergatian</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="center" valign="top">&nbsp;</TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  <P align="center" style="font-size: 10pt">S-2
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  <P align="left" style="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>The Plan. </I></B>Pursuant to the requirements of the Securities Act of 1933, the trustees (or
  other persons who administer the Plan) have duly caused this Registration Statement to be
  signed on its behalf by the undersigned, thereunto duly authorized, in Woburn,
  Massachusetts, on April&nbsp;5, 2005.
  
  
  <TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
  <TR>
      <TD width="48%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="35%">&nbsp;</TD>
      <TD width="15%">&nbsp;</TD>
  </TR>
  <TR>
      <TD valign="top" align="left">&nbsp;</TD>
      <TD nowrap colspan="3" align="left">SAVINGS BANKS EMPLOYEES RETIREMENT <br>
  ASSOCIATION 401(K) PLAN AS ADOPTED BY <br>
  BENJAMIN FRANKLIN BANK</TD>
      <TD>&nbsp;</TD>
  </TR>
  <tr><TD>&nbsp;</TD></tr>
  <TR>
      <TD align="left">&nbsp;</TD>
      <TD valign="top">By:&nbsp;&nbsp;</TD>
  
  <TD colspan="2" align="left" style="border-bottom: 1px solid #000000">/s/
  Tom Forese</TD>
      <TD>&nbsp;</TD>
  </TR>
  
  <TR>
      <TD align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD colspan="2" align="left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Plan Administrator&nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR><TR>
      <TD align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
      <TD colspan="2" align="left">&nbsp;</TD>
      <TD>&nbsp;</TD>
  </TR>
  
  </TABLE>
  
  <P align="center" style="font-size: 10pt">S-3
  </DIV>
  
  <!-- PAGEBREAK -->
  <P><HR noshade><P>
  <H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>
  
  <DIV style="font-family: 'Times New Roman',Times,serif">
  
  
  <TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
  <TR>
      <TD width="48%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="1%">&nbsp;</TD>
      <TD width="35%">&nbsp;</TD>
      <TD width="15%">&nbsp;</TD>
  </TR>
  
  </TABLE>
  
  <P align="center" style="font-size: 10pt"><B>Exhibit&nbsp;Index</B>
  
  
  <DIV align="center">
  <TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
  <!-- Begin Table Head -->
  <TR valign="bottom">
      <TD width="8%">&nbsp;</TD>
      <TD width="2%">&nbsp;</TD>
      <TD width="90%">&nbsp;</TD>
  </TR>
  <TR style="font-size: 8pt" valign="bottom">
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Exhibit No.</B></TD>
      <TD>&nbsp;</TD>
      <TD nowrap align="left" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
  </TR>
  
  <!-- End Table Head -->
  <!-- Begin Table Body -->
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Articles of Organization of Benjamin Franklin Bancorp, Inc.
  (incorporated by reference to our Registration Statement on
  Form&nbsp;S-1, File No.&nbsp;333-121154, filed on December&nbsp;10, 2004).</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.2
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">By-Laws of Benjamin Franklin Bancorp, Inc. (incorporated by
  reference to our Registration Statement on Form&nbsp;S-1, File No.
  333-121154, filed on December&nbsp;10, 2004).</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">4.3
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Form of Certificate of Common Stock (incorporated by
  reference to our Registration Statement on Form&nbsp;8-A, File No.
  000-51194, filed on March&nbsp;9, 2005.).</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Consent of Wolf &#038; Co., P.C.</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
      <TD align="right" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
  </DIV></TD>
      <TD>&nbsp;</TD>
      <TD align="left" valign="top">Power of Attorney (contained on signature page).</TD>
  </TR>
  <!-- End Table Body -->
  </TABLE>
  </DIV>
  
  
  
  <P align="center" style="font-size: 10pt">S-4
  </DIV>
  
  </BODY>
  </HTML>
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text: sv8
  Table of Contents
  As filed with the Securities
  and Exchange Commission on April 6, 2005
  Registration No. 333-
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C. 20549
  FORM S-8
  REGISTRATION STATEMENT
  UNDER
  THE SECURITIES ACT OF 1933
  Benjamin Franklin Bancorp, Inc.
  (Exact Name of Registrant as Specified in Its Charter)
  Massachusetts
  04-3336598
  (State or Other Jurisdiction of Incorporation or Organization)
  (I.R.S. Employer Identification No.)
  58 Main Street, Franklin, MA
  02038
  (Address of Principal Executive Offices)
  (Zip Code)
  Savings Banks Employees Retirement Association 401(k) Plan
  As Adopted by Benjamin Franklin Bank
  (Full Title of the Plan)
  Thomas R. Venables
  President and Chief Executive Officer
  Benjamin Franklin Bancorp, Inc.
  58 Main Street
  Franklin, MA 02038
  (Name and Address of Agent For Service)
  (508) 538-7000
  (Telephone Number, Including Area Code, of Agent For Service)
  WITH A COPY TO:
  Carol Hempfling Pratt, Esq.
  Foley Hoag
  llp
  155 Seaport Boulevard
  Boston, Massachusetts 02210
  (617) 832-1000
  CALCULATION OF REGISTRATION FEE
  Title of
  Amount
  Proposed maximum
  Proposed maximum
  Amount of
  securities to be
  to be
  offering price
  aggregate
  registration
  registered
  registered
  per share (2)
  offering price (2)
  fee
  Common stock, no par value
  500,000(1)
  $10.00
  $5,000,000
  $588.50
  (1)
  Represents an estimate of such presently undeterminable number of shares as may be purchased with
  employee contributions pursuant to the Savings Banks Employees Retirement Association 401(k) Plan as adopted
  by Benjamin Franklin Bank (the "Plan"). In addition, pursuant to Rule 416(c) under the Securities Act of
  1933, as amended ("Securities Act"), this registration statement also covers an indeterminate amount of
  interests to be offered or sold pursuant to the Plan. Pursuant to Rule 457(h)(2), no separate fee is required
  for the participation interests.
  (2)
  Estimated solely for purpose of calculating the registration fee in accordance with Rule 457(h) of the
  Securities Act of 1933, as amended (the "Securities Act"), pursuant to which shares of common stock of
  Benjamin Franklin Bancorp offered pursuant to the Plan are deemed to be offered at $10 per share, the price at
  which shares of Benjamin Franklin Bancorp common stock were offered to the public pursuant to the
  Registration Statement on Form S-1, as amended (Registration No. 333-121154).
  TABLE OF CONTENTS
  PART II
  Item 3. Incorporation of Documents by Reference
  Item 4. Description of Securities
  Item 5. Interest of Named Experts and Counsel
  Item 6. Indemnification of Directors and Officers
  Item 7. Exemption from Registration Claimed
  Item 8. Exhibits
  Item 9. Undertakings
  SIGNATURES
  POWER OF ATTORNEY
  Ex-23.1 Consent of Wolf & Company, P.C.
  Table of Contents
  PART II
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  Item 3. Incorporation of Documents by Reference
  The following documents, which we filed with the Securities and Exchange Commission, are
  incorporated by reference in this registration statement:
  (a)
  Our Current Report on Form 8-K (Items 7.01 and 9.01) filed with the
  Commission on February 25, 2005.
  (b)
  Our Current Report on Form 8-K (Item 8.01) filed with the Commission on
  February 25, 2005.
  (c)
  Our Current Report on Form 8-K (Items 8.01 and
  9.01) filed with the Commission on April 1, 2005.
  (d)
  Our Annual Report on Form 10-K for the fiscal year ended December 31,
  2004, filed with the Securities and Exchange Commission (the "Commission") on March
  29, 2005.
  (e)
  The description of our common stock contained in our registration
  statement on Form 8-A filed with the Securities and Exchange Commission under
  Section 12 of the Securities Exchange Act of 1934, including any amendment or
  report filed for the purpose of updating such description.
  All documents we subsequently file, or which are subsequently filed by the Plan, pursuant to
  Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
  amendment which indicates that all securities offered have been sold or which deregisters all
  securities then remaining unsold, shall be deemed to be incorporated by reference in this
  registration statement and to be a part hereof from the dates of filing of those documents.
  Item 4. Description of Securities
  Not Applicable.
  Item 5. Interest of Named Experts and Counsel
  Not applicable.
  Item 6. Indemnification of Directors and Officers
  Sections 8.50-8.59 of the Massachusetts Business Corporation Act authorize a Massachusetts
  corporation to indemnify its present and former directors and officers under certain conditions.
  Article 7 of our by-laws provides that we shall indemnify each person who serves or has served as a
  director or officer at the level of Vice President or above to the fullest extent permitted by
  applicable law, against expenses (including attorney's fees), judgments, fines, ERISA excise taxes,
  penalties, and amounts
  -2-
  Table of Contents
  reasonably paid in settlement incurred in connection with any threatened, pending or completed
  action, suit, arbitration, alternate dispute resolution mechanism, inquiry, investigation,
  administrative hearing or any other proceeding whether civil, criminal, administrative, arbitrative
  or investigative (without regard to whether the basis of such proceeding is alleged action in an
  official capacity as a director or officer or in any other capacity for or on behalf of Benjamin
  Franklin Bancorp while serving as a director or officer) or any claim, issue or matter therein,
  which proceeding such director or officer is, or is threatened to be made, a party to or
  participant in by reason of the fact that he or she is or was one of our directors or officers or
  was serving at our request as a director, officer, trustee, or in a similar capacity with another
  corporation, partnership, joint venture, trust, employee benefit plan or other enterprise. The
  rights of indemnification continue as to a director or officer after he or she has ceased to be a
  director or officer and shall inure to the benefit of his or her heirs, estate, executors,
  administrators and personal representatives. No amendment, termination or repeal of the provisions
  of Article 7 of our by-laws or of the relevant provisions of the Massachusetts Business Corporation
  Act shall affect or deprive a director or officer of the benefit of those by-laws or applicable law
  with respect to any proceeding arising out of or relating to any actions, transactions or facts
  occurring prior to such amendment, termination or repeal.
  Section 2.02 of the Massachusetts Business Corporation Act authorizes a Massachusetts
  corporation to adopt a charter provision eliminating or limiting the personal liability of
  directors to the corporation for monetary damages for breach of fiduciary duty as directors,
  provided that the provision may not eliminate or limit the liability of directors for:
  •
  any breach of the director's duty of loyalty to the corporation or its
  stockholders;
  •
  any acts or omissions not in good faith or which involve intentional misconduct
  or a knowing violation of law;
  •
  any improper distributions to stockholders under Section 6.40 of the
  Massachusetts Business Corporation Act; or
  •
  any transaction from which the director derived an improper personal benefit.
  Section 6.5.4 of Benjamin Franklin Bancorp's articles of organization provides that, to the
  maximum extent permitted by the Massachusetts Business Corporation Act, none of our directors shall
  be personally liable to us or our stockholders for monetary damages for breach of fiduciary duty as
  a director notwithstanding any provision of law imposing such liability. No amendment to or repeal
  of the provisions of Section 6.5.4 shall apply to or have any effect on the liability or alleged
  liability of any director for or with respect to any act or failure to act of such director
  occurring prior to such amendment or repeal. If the Massachusetts Business Corporation Act is
  subsequently amended to further eliminate or limit the personal liability of directors or to
  authorize corporate action to further eliminate or limit such liability, then the liability of the
  directors will be eliminated or limited to the fullest extent permitted by the Massachusetts
  Business Corporation Act as so amended. A principal effect of Section 6.5.4 is to limit or
  eliminate the potential liability of our directors for monetary damages arising from breaches of
  their duty of care, unless the breach involves one of the four exceptions described above.
  Section 8.57 of the Massachusetts Business Corporation Act also authorizes a Massachusetts
  corporation to obtain insurance on behalf of its directors and officers against liability incurred
  by them in those capacities. We have procured a directors' and officers' liability and company
  reimbursement liability insurance policy that insures (a) our directors and officers against
  losses, above a deductible amount, arising from specified types of claims made against them by
  reason of enumerated acts done or attempted by our directors or officers and (b) us against losses,
  above a deductible amount, arising from any of the specified types of claims, but only if we are
  required or permitted to indemnify our directors or
  -3-
  Table of Contents
  officers for those losses under statutory or common law or under provisions of our articles of
  organization or by-laws.
  Item 7. Exemption from Registration Claimed
  Not Applicable.
  Item 8. Exhibits
  Exhibit No.
  Description
  4.1
  Articles of Organization of Benjamin Franklin Bancorp, Inc.
  (incorporated by reference to our Registration Statement on
  Form S-1, File No. 333-121154, filed on December 10, 2004).
  4.2
  By-Laws of Benjamin Franklin Bancorp, Inc. (incorporated by
  reference to our Registration Statement on Form S-1, File No.
  333-121154, filed on December 10, 2004).
  4.3
  Form of Certificate of Common Stock (incorporated by
  reference to our Registration Statement on Form 8-A, File No.
  000-51194, filed on March 9, 2005.).
  23.1
  Consent of Wolf & Co., P.C.
  24.1
  Power of Attorney (contained on signature page).
  The Registrant has submitted or hereby undertakes to submit the Plan and any amendment thereto
  to the Internal Revenue Service ("IRS") in a timely manner and has made or will make all changes
  required by the IRS in order to qualify, or continue the qualification of, the Plan.
  Item 9. Undertakings
  (a) The undersigned registrant hereby undertakes:
  (1) To file, during any period in which offers or sales are being made, a
  post-effective amendment to this registration statement:
  (i) To include any prospectus required by Section 10(a)(3) of the Securities
  Act;
  (ii) To reflect in the prospectus any facts or events arising after the
  effective date of the registration statement (or the most recent post-effective
  amendment thereof) which, individually or in the aggregate, represent a fundamental
  change in the information set forth in the registration statement. Notwithstanding
  the foregoing, any increase or decrease in volume of securities offered (if the
  total dollar value of securities offered would not exceed that which was registered)
  and any deviation from the low or high end of the estimated maximum offering range
  may be reflected in the form of prospectus filed with the Commission pursuant to
  Rule 424(b) if, in the aggregate, the
  -4-
  Table of Contents
  changes in volume and price represent no more than a 20% change in the maximum
  aggregate offering price set forth in the "Calculation of Registration Fee" table in
  the effective registration statement; and
  (iii) To include any material information with respect to the plan of
  distribution not previously disclosed in the registration statement or any material
  change to such information in the registration statement;
  provided, however
  , that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
  required to be included in a post-effective amendment by those paragraphs is contained in
  periodic reports filed with or furnished to the Commission by the registrant pursuant to
  Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in this
  registration statement.
  (2) That, for the purpose of determining any liability under the Securities Act, each
  such post-effective amendment shall be deemed to be a new registration statement relating to
  the securities offered therein, and the offering of such securities at that time shall be
  deemed to be the initial
  bona fide
  offering thereof; and
  (3) To remove from registration by means of post-effective amendment any of the
  securities being registered which remain unsold at the termination of the offering.
  (b) The undersigned registrant hereby undertakes that, for purposes of determining any
  liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant
  to Section 13(a) or Section 15(d) of the Exchange Act that is incorporated by reference in the
  registration statement shall be deemed to be a new registration statement relating to the
  securities offered therein, and the offering of such securities at the time shall be deemed to be
  the initial
  bona fide
  offering thereof.
  (c) Insofar as indemnification for liabilities arising under the Securities Act may be
  permitted to directors, officers and controlling persons of the registrant pursuant to the
  foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the
  Securities and Exchange Commission such indemnification is against public policy as expressed in
  the Act and is, therefore, unenforceable. In the event that a claim for indemnification against
  such liabilities (other than the payment by the registrant of expenses incurred or paid by a
  director, officer or controlling person of the registrant in the successful defense of any action,
  suit or proceeding) is asserted by such director, officer or controlling person in connection with
  the securities being registered, the registrant will, unless in the opinion of its counsel the
  matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
  question whether such indemnification by it is against public policy as expressed in the Act and
  will be governed by the final adjudication of such issue.
  -5-
  Table of Contents
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it
  has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and
  has duly caused this registration statement to be signed on its behalf by the undersigned,
  thereunto duly authorized, in Franklin, Massachusetts, on April 6, 2005.
  Benjamin Franklin Bancorp, M.H.C.
  By:
  /s/ Thomas R. Venables
  Thomas R. Venables
  President and Chief Executive Officer
  POWER OF ATTORNEY
  The undersigned officers and trustees of Benjamin Franklin Bancorp, Inc. hereby severally
  constitute and appoint Thomas R. Venables and Claire S. Bean, and each of them singly, our true and
  lawful attorneys-in-fact with full power of substitution, to sign any and all amendments (including
  post-effective amendments) to this Registration Statement, and to file the same, with all exhibits
  thereto, and all documents in connection therewith, with the Securities and Exchange Commission,
  granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do
  and perform each and every act and thing which they, or either of them, may deem necessary or
  advisable to be done in connection with this Registration Statement, as fully to all intents and
  purposes as the undersigned might or could do in person, hereby ratifying and confirming all that
  said attorneys-in-fact and agents or any of them, or any substitute or substitutes for either or
  both of them, may lawfully do or cause to be done by virtue hereof.
  Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been
  signed by the following persons in the in the indicated capacities as
  of April 6, 2005.
  Signature
  Title
  /s/ Thomas R. Venables
  President and Chief Executive Officer, Director
  Thomas R. Venables
  (
  Principal Executive Officer)
  /s/ Claire S. Bean
  Treasurer and Chief Financial Officer
  Claire S. Bean
  (Principal Financial and Accounting Officer)
  /s/ Mary Ambler
  Director
  Mary Ambler
  /s/ William P. Bissonnette
  Director
  William P. Bissonnette
  S-1
  Table of Contents
  Signature
  Title
  /s/ William F. Brady, Jr.
  Director
  William F. Brady, Jr.
  Director
  John C. Fuller
  /s/ Anne M. King
  Director
  Anne M. King
  Director
  Richard D. Mann
  Director
  John D. Murphy
  Director
  Charles F. Oteri
  /s/ Alfred H. Wahlers
  Director
  Alfred H. Wahlers
  Director
  Charles Yergatian
  S-2
  Table of Contents
  The Plan.
  Pursuant to the requirements of the Securities Act of 1933, the trustees (or
  other persons who administer the Plan) have duly caused this Registration Statement to be
  signed on its behalf by the undersigned, thereunto duly authorized, in Woburn,
  Massachusetts, on April 5, 2005.
  SAVINGS BANKS EMPLOYEES RETIREMENT
  ASSOCIATION 401(K) PLAN AS ADOPTED BY
  BENJAMIN FRANKLIN BANK
  By:
  /s/
  Tom Forese
  Plan Administrator
  S-3
  Table of Contents
  Exhibit Index
  Exhibit No.
  Description
  4.1
  Articles of Organization of Benjamin Franklin Bancorp, Inc.
  (incorporated by reference to our Registration Statement on
  Form S-1, File No. 333-121154, filed on December 10, 2004).
  4.2
  By-Laws of Benjamin Franklin Bancorp, Inc. (incorporated by
  reference to our Registration Statement on Form S-1, File No.
  333-121154, filed on December 10, 2004).
  4.3
  Form of Certificate of Common Stock (incorporated by
  reference to our Registration Statement on Form 8-A, File No.
  000-51194, filed on March 9, 2005.).
  23.1
  Consent of Wolf & Co., P.C.
  24.1
  Power of Attorney (contained on signature page).
  S-4