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MARK TWAIN BANCSHARES ANNOUNCES SECOND QUARTER DIVIDEND

 ST. LOUIS, April 9 /PRNewswire/ -- The board of directors of Mark Twain Bancshares, Inc. (NASDAQ: MTWN), announced today a second quarter dividend of $0.29 ($1.16 annually) to be paid on May 14, 1993, to shareholders of record of its common stock (par value $1.25) on April 23, 1993.
 "Mark Twain attempts to pay to shareholders between 30 and 40 percent of earnings in the form of dividends," said John P. Dubinsky, Mark Twain president and chief executive officer. "As earnings continue at their strong pace, we are able to reward our shareholders with an appropriate dividend return while reinvesting a significant amount back into the company for future growth and expansion."
 Dubinsky indicated that earnings for the first quarter of 1993 would be published in about a week, but that early indications are that the earnings level and trend of the previous seven quarters will continue and that a new record level of earnings is anticipated.
 The second quarter dividend is the 94th consecutive quarterly common stock dividend in the history of the company, which has increased its dividend 26 times in the 23 years since the company's public formation in 1969. The most recent increase was in January 1993, when the company increased the dividend rate by 11.6 percent. There have been three common stock splits in the company's history: a 3-for-2 split in 1987, and two 2-for-1 splits in 1979 and 1983.
 Mark Twain Bancshares, Inc., is a 28-year-old bank holding company with 29 banking locations in three states: 18 throughout St. Louis, St. Louis County and St. Charles County; as well as five in Kansas City, Mo.; one in Shawnee, Kan.; and five in Belleville and Edwardsville, Ill. Mark Twain operates 43 brokerage locations in six states. Related financial services include: Mark Twain Capital Markets Group; Mark Twain Brokerage Services, Inc.; Mark Twain Public Finance Division; Mark Twain Commercial Finance Division; Mark Twain International Division; Mark Twain Leasing Division; Mark Twain Mortgage Division; and Mark Twain Trust Division. Mark Twain stock is traded over-the-counter under the NASDAQ symbol MTWN.
 -0- 4/9/93
 /CONTACT: Carl A. Wattenberg Jr. of Mark Twain, 314-889-0707/
 (MTWN)


CO: Mark Twain Bancshares, Inc. ST: Missouri IN: FIN SU: DIV

GK -- NY007 -- 4553 04/09/93 12:40 EDT
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Date:Apr 9, 1993
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