PREM Premier Comm Bankshares (MM)

Premier Community Bankshares, Inc. Announces Increase In Dividend WINCHESTER, Va., Dec. 15 /PRNewswire-FirstCall/ -- The Board of Directors of Premier Community Bankshares, Inc. (NASDAQ:PREM) announced the declaration of a $0.21 per share annual dividend payable on or before January 25, 2005, to shareholders of record as of December 31, 2004. This represents a 17% increase over the dividend paid a year earlier and is the sixth consecutive year the Company has increased its dividend. Premier Community Bankshares, Inc. is the holding company resulting from the merger of Marathon Bank, Winchester, Virginia and Rockingham Heritage Bank, Harrisonburg, Virginia. The multi-bank holding company has total assets of approximately $578 million. The two subsidiary banks have sixteen branch offices serving the Shenandoah Valley region of Virginia and a loan production office in Martinsburg, West Virginia. The Company is in the process of organizing a new Bank, Premier Bank, that will serve the Martinsburg/Shepherdstown, West Virginia Markets. The common stock is traded on the NASDAQ Stock Market under the symbol "PREM." DATASOURCE: Premier Community Bankshares, Inc. CONTACT: Donald L. Unger, President and Chief Executive Officer of Premier Community Bankshares, Inc., +1-540-869-6600

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