Premier Community Bankshares, Inc. Announces Increase in Dividend

Premier Community Bankshares, Inc. Announces Increase in Dividend 


WINCHESTER, Va., Dec. 10  /PRNewswire-FirstCall/ -- The Board of Directors of
Premier Community Bankshares, Inc. announced the declaration of an $0.18 per
share annual dividend payable on or before January 19, 2004, to shareholders of
record as of December 26, 2003.  This represents a 20% increase over the
dividend paid a year earlier and is the fifth 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 $464 million.  The two subsidiary banks have fifteen 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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