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FEDFIRST BANCSHARES RESPONDS TO INQUIRY

 FEDFIRST BANCSHARES RESPONDS TO INQUIRY
 WINSTON-SALEM, N.C., July 1 /PRNewswire/ -- FedFirst Bancshares,


Inc. (NASDAQ: FFBS) announced today that in response to a recent inquiry from a southeastern financial institution, its Board of Directors has authorized management to negotiate with such institution concerning a possible acquisition of the Company. There can be no assurance that these negotiations will result in a definitive agreement. Further, applicable federal regulations prohibit the making of any offer to acquire the Company until certain regulatory approvals are received.
 -0- 7/1/92
 /CONTACT: Gay Nell Hutchens, Executive Vice President, FedFirst Bancshares, Inc., 919-723-3604/
 (FFBS) CO: FedFirst Bancshares, Inc. ST: North Carolina IN: FIN SU: TNM


DF -- CH004 -- 5552 07/01/92 09:59 EDT
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Publication:PR Newswire
Date:Jul 1, 1992
Words:119
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