In the news release, Cullen/Frost Bankers Increases Quarterly Cash Dividend, issued 28-Apr-2011 by Cullen/Frost Bankers, Inc. over PR Newswire, we are advised by the company of several changes to the original text. The complete, corrected release follows:

Cullen/Frost Bankers Increases Quarterly Cash Dividend

SAN ANTONIO, April 28, 2011 /PRNewswire/ -- The Cullen/Frost Bankers, Inc. board of directors declared a second quarter cash dividend of $.46 per common share, an increase from the previous dividend of $.45 per common share.  The dividend is payable June 15, 2011 to shareholders of record on June 1 of this year.

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Cullen/Frost Bankers, Inc. (NYSE: CFR) is a financial holding company, headquartered in San Antonio, with $17.9 billion in assets at March 31, 2011 and more than 110 financial centers throughout Texas. One of 24 U.S. banks included in the KBW Bank Index, Frost provides a wide range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped clients with their financial needs during three centuries. Additional information is available at frostbank.com.

Greg Parker

Investor Relations

210.220.5632

or

Renee Sabel

Media Relations

210.220.5416

SOURCE Cullen/Frost Bankers, Inc.

Copyright 2011 PR Newswire

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