Bank of the Ozarks, Inc. Announces Second Quarter Earnings Release Date and Conference Call.

Business Editors

Bank of the Ozarks, Inc. (NASDAQ: OZRK) today announced it expects to release second quarter earnings at the end of business Thursday, July 11, 2002. Following this release, management will conduct a conference call to review this information at 10:00 a.m. CDT (11:00 a.m. EDT) on Friday, July 12, 2002. Interested parties can listen to this call by calling 1-800-990-4845 (United States and Canada only) and ask for Bank of the Ozarks conference call. A recorded playback of the call will be available starting that afternoon by calling 1-800-642-1687 (U.S. and Canada) or 706-645-9291 (internationally). The passcode for this playback is 4514547. In addition, the call will be available live or in recorded version on the company's website www.bankozarks.com under "Investor Relations." The telephone and website recordings will be available through July 31, 2002.

Bank of the Ozarks, Inc. is a bank holding company with $867 million in total assets as of March 31, 2002 and trades on the NASDAQ National Market under the symbol "OZRK." The Company owns a state-chartered subsidiary bank that conducts banking operations through 31 offices in 21 communities throughout northern, western and central Arkansas and a loan production office in Charlotte, North Carolina. The Company may be contacted at [phone] or P.O. Box 8811, Little Rock, AR 72231-8811. The Company's website is www.bankozarks.com.