Citizens Holding Company Announces Second Quarter Dividend -- Revised.

Business Editors

PHILADELPHIA, Miss.--(BUSINESS WIRE)--June 19, 2000

Citizens Holding Company (the Company) (AMEX:CIZ) today announced that its Board of Directors has declared a regular quarterly cash dividend of $.10 (ten cents) per share payable June 30, 2000, to shareholders of record on June 23, 2000.

Citizens Holding Company Chairman, President and Chief Executive Officer, Steve Webb, stated, "We are pleased to announce today the declaration of our second quarter dividend payable June 30, 2000. This dividend, on an annualized basis of $.40, is an increase of 25% over 1999 dividends paid of $.32. We are committed to increasing dividends as profits increase."

Citizens Holding Company is a one bank holding company and the parent company of The Citizens Bank of Philadelphia, both headquartered in Philadelphia, Mississippi. The Bank has thirteen full service banking locations in six counties in East Central Mississippi and a loan production office located in Meridian, Mississippi. In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses. Citizens Holding Company stock is listed on the American Stock Exchange and is traded under the symbol CIZ. The Company's transfer agent is American Stock Transfer & Trust Company.

For more information about the Company, you can visit our web site at www.thecitizensbankphila.com.