Premier Community Bankshares, Inc. Announces Increase In Dividend

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., [phone]

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