Franklin Financial Corporation Announces Quarterly Dividend

Franklin Financial Corporation Announces Quarterly Dividend 


FRANKLIN, Tenn., Dec. 16  /PRNewswire-FirstCall/ -- Franklin Financial
Corporation (FFC), the parent company of Franklin National Bank, has declared a
$.0625 per share fourth quarter dividend to its shareholders, according to FFC
Chairman, President and CEO Gordon E. Inman.  The record date for the cash
dividend is December 19, 2003, with payment scheduled for January 7, 2004.

Gordon E. Inman, Chairman, President & CEO, Franklin Financial Corporation,
comments, "Franklin Financial Corporation is pleased to post our 21st
consecutive quarterly cash dividend.  Our employees and customers make this
company successful, and I am proud that this dividend is an 8.23% increase over
our third quarter dividend of $.05775."

Franklin Financial Corporation is a financial services holding company and the
parent company of Franklin National Bank, Franklin Financial Mortgage and
Franklin Financial Securities. The common stock of Franklin Financial
Corporation is listed on the Nasdaq National Market under the symbol "FNFN." The
corporate website is located on the Internet at fnfn.net. Franklin National Bank
operates nine retail branches in Williamson, Davidson, and Maury counties and
can be found on the Internet at FranklinNetBranch.com.

On July 24, 2002, Fifth Third Bancorp (NASDAQ:FITB) and Franklin Financial
Corporation announced the signing of a definitive agreement in which Fifth Third
will acquire Franklin Financial Corporation and its subsidiary, Franklin
National Bank, headquartered in Franklin, Tennessee.  On March 27, 2003, the
definitive agreement was amended to extend the termination date to June 30, 2004
and to revise the exchange ratio.

THE STATEMENTS CONTAINED IN THIS RELEASE WHICH ARE NOT HISTORICAL FACTS ARE
FORWARD-LOOKING STATEMENTS MADE PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE
PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS
DESCRIBING FRANKLIN FINANCIAL CORPORATION'S FUTURE PLANS, PROJECTIONS,
STRATEGIES AND EXPECTATIONS, ARE BASED ON ASSUMPTIONS AND INVOLVE A NUMBER OF
RISKS AND UNCERTAINTIES, MANY OF WHICH ARE BEYOND FRANKLIN FINANCIAL
CORPORATION'S CONTROL. ACTUAL RESULTS COULD DIFFER MATERIALLY FROM THOSE
PROJECTED DUE TO CHANGES IN INTEREST RATES, COMPETITION IN THE INDUSTRY, CHANGES
IN LOCAL AND NATIONAL ECONOMIC CONDITIONS AND VARIOUS OTHER FACTORS. ADDITIONAL
INFORMATION CONCERNING SUCH FACTORS, WHICH COULD AFFECT FRANKLIN FINANCIAL
CORPORATION, IS CONTAINED IN FRANKLIN FINANCIAL CORPORATION'S FILINGS WITH THE
SECURITIES AND EXCHANGE COMMISSION. 

DATASOURCE: Franklin Financial Corporation



CONTACT:  Kristy Williams, [phone], or David McCurrach,

[phone], both of Franklin Financial Corporation



Web site:  http://www.franklinnetbranch.com/

http://www.fnfn.net/ 

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