The Peoples Holding Company Announces Year-End Earnings Conference Call.

Business Editors

TUPELO, Miss.--(BUSINESS WIRE)--Jan. 10, 2003

The Peoples Holding Company (AMEX:PHC) will announce year-end financial results following the market's close on Wednesday, January 22, 2003. The Company will hold executive management's quarterly conference call with analysts to discuss year-end results on Friday, January 24, 2003, at 10:00 a.m. Eastern time (9:00 a.m. Central time).

This conference call is being webcast by CCBN and can be accessed through PHC's website at www.thepeoplesbankandtrust.com. To listen, log on to the site, and then click on Investor Relations.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors may listen to the call through CCBN's individual investor center at www.companyboardroom.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors may access the call via CCBN's password-protected event management site, www.streetevents.com. The conference call will be archived at these same web addresses for 30 days.

The Peoples Holding Company is the parent of Mississippi's fourth largest commercial bank headquartered in the state. Through its wholly owned subsidiary, The Peoples Bank & Trust Company, the Company also is parent of The Peoples Insurance Agency, Inc. The Peoples Bank has assets of approximately $1.3 billion and operates 40 community bank offices in 27 north and north-central Mississippi cities.