/C O R R E C T I O N -- BancorpSouth, Inc./
In the news release, BancorpSouth, Inc. Declares Quarterly Dividend, issued yesterday, July 26, by BancorpSouth, Inc. (NYSE: BXS) over PR Newswire, we are advised by a representative of the company that the second graph incorrectly reported net income and per diluted share figures. Below is the corrected second paragraph.
BancorpSouth previously reported net income of $35.5 million or $0.45 per diluted share for the second quarter of 2006. Net income for the six months ended June 30, 2006 was $73.2 million or $0.92 per diluted share.
Complete, corrected release follows:
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 $35.5 million or $0.45 per diluted share for the second quarter of 2006. Net income for the six months ended June 30, 2006 was $73.2 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/