BancorpSouth, Inc. Declares Quarterly Dividend

At their regular quarterly meeting on July 25, 2007, the Board of Directors of BancorpSouth, Inc. declared a quarterly cash dividend of $0.21 per common share. The dividend is payable October 1, 2007 to shareholders of record at the close of business on September 14, 2007.

BancorpSouth previously reported net income of $35.5 million or $0.43 per diluted share for the second quarter of 2007. Net income for the six months ended June 30, 2007 was $69.5 million or $0.86 per diluted share.

BancorpSouth, Inc., with total assets of approximately $13.2 billion, operates banking, insurance and financial service offices in Alabama, Arkansas, Florida, Mississippi, Missouri, Tennessee, Texas and Louisiana.

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SOURCE: BancorpSouth, Inc.

CONTACT: L. Nash Allen, Jr., +1-662-680-2330, or Gary C. Bonds,
+1-662-680-2332, both for BancorpSouth, Inc.