Approval of proposal by First National Bank Group

The following press release was published by the Board of Governors of the Federal Reserve System on Feb. 4, 2008. It is reproduced in full below.

The Federal Reserve Board on Monday announced its approval of the application filed by First National Bank Group, Inc., Edinburg, to acquire up to 9.9 percent of the voting shares and control of Southside Bancshares, Incorporated, Tyler, both in Texas.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System