CNBT Bancshares Inc. Declares and Increases Quarterly Dividend.

Business Editors

HOUSTON--(BUSINESS WIRE)--May 25, 2000

CNBT Bancshares Inc. (Nasdaq:CNBT) is pleased to announce that today its Board of Directors increased the regular quarterly dividend from $0.10 per share to $0.12 per share, an annual rate of $0.48 per share or a 20% increase. The dividend of $0.12 per share will be paid on or about July 15, 2000, to shareholders of record as of June 30, 2000.

Ralph Williams, president of CNBT, said, "First quarter earnings for 2000 reached a record of $1,271,000 or $0.26 per share. Our loan demand as well as interest and fee income has remained strong through the first five months of 2000. We continue to seek opportunities to expand our services and service area. Our permanent Northwest Houston branch, which has been open 10 months, is coming on strong. Construction of our permanent branch in west Houston has an expected completion date of November 2000. In addition, we have purchased land on the Grand Parkway in west Houston for another branch office to be built in 2001."

CNBT Bancshares Inc. is a Houston-based bank holding company for Citizens National Bank of Texas that operates six community-banking offices that provide retail and commercial banking services primarily to individual customers and small businesses in the Houston metropolitan area and Fort Bend County. At March 31, 2000, CNBT had total assets of $417 million and deposits of approximately $350 million.