Contact Information: CONTACTS: James G. Rakes Chairman, President & CEO (540) 951-6236 J. Robert Buchanan Treasurer (276) 979-0341
National Bankshares, Inc. Declares Semi-Annual Dividend
| Source: National Bankshares, Inc.
BLACKSBURG, VA--(Marketwire - November 14, 2007) - The Board of Directors of NATIONAL
BANKSHARES, INC. (NASDAQ : NKSH ) today declared a semi-annual dividend of
$0.39 per share, payable on December 3, 2007 to the Company's stockholders
of record on November 23, 2007. With this payment, National Bankshares'
total dividends for 2007 are $0.76 per share, an increase of 4.1% over the
level of stockholder dividends paid in 2006.
James G. Rakes, the Company's Chairman, President & CEO, commented, "In
this challenging environment, National Bankshares has been fortunate to be
able to maintain its earnings. And as has been our practice for many
years, we are pleased to share this success with our stockholders in the
form of higher dividends."
National Bankshares, Inc. is a financial holding company with headquarters
in Blacksburg, Virginia. It is the parent of National Bank, a community
bank that was founded in 1893 and which has 26 offices throughout Southwest
Virginia. The Company also owns a non-bank financial services subsidiary,
which does business as National Bankshares Investment Services and National
Bankshares Insurance Services. National Bankshares, Inc. stock is traded
on the NASDAQ Stock Market under the symbol "NKSH." Additional information
is available at www.nationalbankshares.com.