BancorpSouth, Inc. Declares Quarterly Dividend

PRNewswire-FirstCall

TUPELO, Miss.

At their regular quarterly meeting on July 26, 2006, the Board of Directors of BancorpSouth, Inc. declared a quarterly cash dividend of $0.20 per common share. The dividend is payable October 2, 2006 to shareholders of record at the close of business on September 15, 2006.

BancorpSouth previously reported net income of $34.8 million or $0.44 per diluted share for the second quarter of 2006. Net income for the six months ended June 30, 2006 was $72.6 million or $0.92 per diluted share.

BancorpSouth, Inc., with total assets of approximately $11.8 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.

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