BancorpSouth, Inc. Declares Quarterly Dividend
PRNewswire-FirstCall
TUPELO, Miss.

At their regular quarterly meeting on July 21, 2004, the Board of Directors of BancorpSouth, Inc. declared a quarterly cash dividend of $0.18 per common share.

The dividend is payable October 1, 2004 to shareholders of record at the close of business on September 15, 2004.

BancorpSouth previously reported net income of $31.3 million or $0.40 per diluted share for the second quarter of 2004. Net income for the six months ended June 30, 2004 was $58.4 million or $0.75. per diluted share.

BancorpSouth, Inc., with total assets of approximately $10.7 billion, operates banking, insurance and financial service offices in Alabama, Arkansas, Mississippi, Tennessee, Texas and Louisiana.

SOURCE: BancorpSouth, Inc.

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