Citizens Holding Company Announces Dividend

Citizens Holding Company (AMEX:CIZ) announced today that
its Board of Directors declared a cash dividend of $0.16 per share
payable September 30, 2005, to shareholders of record as of September
15, 2005.
   "We are announcing today a $.16 per share dividend approved by our
Board of Directors for the third quarter of 2005," said Greg L. McKee,
President and Chief Executive Officer. "This dividend will bring the
year to date dividends to $.48 per share, an increase of 6.7% over the
$0.45 per share dividend paid over the same period of 2004."
   Citizens Holding Company is a one-bank holding company and the
parent company of The Citizens Bank of Philadelphia, both
headquartered in Philadelphia, Mississippi. The Bank has nineteen full
service banking locations in eight counties in East Central
Mississippi. In addition to full service commercial banking, the
Company offers mortgage loans, title insurance services through its
subsidiary, Title Services, LLC and a full range of Internet banking
services including online banking, bill pay and cash management
services for businesses. Internet services are available at the Bank
web site, www.thecitizensbankphila.com. Citizens Holding Company stock
is listed on the American Stock Exchange and is traded under the
symbol CIZ. The Company's transfer agent is American Stock Transfer &
Trust Company.