Beverly National Corporation Announces Payment of Regular Quarterly Dividend of $0.20 Per Share on Its Common Stock.

BEVERLY, Mass. -- Don Fournier, President and Chief Executive Officer of Beverly National Corporation (NYSE Amex: "BNV") (the "Company") and its subsidiary Beverly National Bank (the "Bank"), today announced that on October 27, 2009 the Company will pay its regular quarterly dividend on its common stock of $0.20 per share to holders of record on October 20, 2009. This dividend was declared by the Board on October 6, 2009.

Beverly National Bank, a subsidiary of Beverly National Corporation, is headquartered in Beverly, MA, and operates full-service branch offices in Downtown Beverly, Cummings Center - Beverly, North Beverly, Danvers, Hamilton, Manchester-by-the-Sea, Salem and Topsfield. The Bank offers a full array of consumer products and services including full electronic banking, financial planning, trust and investment services and business specialties. Incorporated in 1802, Beverly National Bank is the oldest community bank in the United States. The Bank's deposits are insured by the FDIC in accordance with the Federal Deposit Insurance Act.