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First Community Bancshares Inc. TerminatesAgreement.

Business Editors

BARGERSVILLE, Ind.--(BUSINESS WIRE)--Nov. 17, 2000

First Community Bancshares, Inc. (OTCBB:FCYB) announced that it has elected to terminate its Agreement and Plan of Reorganization with Blue River Federal Bank pursuant to the terms of the Agreement. Albert R. Jackson

III, president of First Community, indicated that the process for obtaining regulatory approval of the merger had become prolonged and First Community had other priorities to which it wanted to give attention. Both institutions will continue on independently. Mr. Jackson wished Blue River continued success in its operations.

First Community Bancshares, Inc.'s, wholly owned subsidiary, First Community Bank & Trust, a state-chartered financial institution, has offices in Bargersville, Franklin, Greenwood, Indianapolis, North Vernon, Trafalgar, Whiteland and Edinburgh.

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