LXBK Lsb Bancshares (MM)

GREENSBORO, N.C., April 5 /PRNewswire-FirstCall/ -- Upon the merger of LSB Bancshares, Inc. and FNB Financial Services Corporation, the combined bank will be called NewBridge Bank, a name that was selected to reflect a strong link between the bank and its customers. "The merger itself will represent a strong link between two great banks with histories of long relationships with their respective customers. This new name reflects the continued and growing connection that we will have with our current and new customers because we will be able to offer more services as a larger bank," said Robert F. Lowe, Chairman, President and CEO of LSB Bancshares, Inc. (NASDAQ:LXBK) The executives and boards of directors of the two banks selected the name among "literally hundreds that we explored," said Pressley A. Ridgill, President and CEO of FNB Financial Services Corporation (NASDAQ:FNBF). "NewBridge Bank is a name that symbolizes progress, because throughout history bridges have spanned barriers and provided a catalyst for growth. Without bridges, westward expansion and rail transportation would have been severely limited," said Mr. Ridgill. "For customers, the name represents a personal bridge between themselves and the bank. For our employees, it stands for a spirit of cooperation that will guide their daily interactions among themselves and with our customers. When you look at the definition for bridge, it means helping people connect with their goals, whether that is overcoming an obstacle or creating relationships of understanding. Those are the points of connection to our customers and the communities where we do business, for which we will continue to be widely known," said Mr. Ridgill. The brand identity design will be selected and announced at a later date. For more information about the signing of the merger agreement, go to http://www.lsbnc.com/ or http://www.fnbsoutheast.com/ Additional Information and Where To Find It In connection with the merger, LSB will file a registration statement, which will include a joint proxy statement/prospectus to be sent to each company's shareholders, and each of LSB and FNB may file other relevant documents concerning the merger with the Securities and Exchange Commission (the "SEC"). Shareholders are urged to read the registration statement and the joint proxy statement/prospectus regarding the merger when they become available and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. You will be able to obtain a free copy of the joint proxy statement/prospectus, as well as other filings containing information about LSB and FNB, at the SEC's website (http://www.sec.gov/). You will also be able to obtain these documents, free of charge, by accessing LSB's website (http://www.lsbnc.com/), or by accessing FNB's website (http://www.fnbsoutheast.com/). Participants in the Solicitation LSB and FNB and their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the shareholders of LSB and/or FNB in connection with the merger. Information about the directors and executive officers of LSB is set forth in LSB's Form 10-K, as filed with the SEC on March 16, 2007. Information about the directors and executive officers of FNB is set forth in FNB's Form 10-K, as filed with the SEC on March 16, 2007. Additional information regarding the interests of those participants and other persons who may be deemed participants in the transaction may be obtained by reading the joint proxy statement/prospectus regarding the merger when it becomes available. You may obtain free copies of these documents as described above. Contact: Robert F. Lowe Pressley A. Ridgill LSB Bancshares, Inc. FNB Financial Services Corporation 336-248-6500 336-369-0900 DATASOURCE: LSB Bancshares, Inc. Contact: Robert F. Lowe of LSB Bancshares, Inc., +1-336-248-6500; or Pressley A. Ridgill of FNB Financial Services Corporation, +1-336-369-0900 Web site: http://www.lsbnc.com/ http://www.fnbsoutheast.com/

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