BancorpSouth, Inc. Declares Quarterly Dividend

PRNewswire-FirstCall

TUPELO, Miss.

At their regular quarterly meeting on July 23, 2008, the Board of Directors of BancorpSouth, Inc. declared a quarterly cash dividend of $0.22 per common share. The dividend is payable October 1, 2008 to shareholders of record at the close of business on September 15, 2008.

BancorpSouth previously reported net income of $40.1 million or $0.49 per diluted share for the second quarter of 2008. Net income for the six months ended June 30, 2008 was $75.3 million or $0.91 per diluted share.

BancorpSouth, Inc., with total assets of approximately $13.4 billion, operates banking, insurance and financial service offices in Alabama, Arkansas, Florida, Mississippi, Missouri, Tennessee, Texas and Louisiana.

First Call Analyst:
FCMN Contact: ellen.wall@bxs.com

SOURCE: BancorpSouth, Inc.

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

Web site: http://www.bancorpsouth.com/