Granite State Bankshares, Inc. Announces Quarterly Dividend


KEENE, N.H., June 11, 2002 (PRIMEZONE) -- Granite State Bankshares, Inc.(Nasdaq:GSBI) today announced that the Board of Directors has declared a regular quarterly cash dividend of $ 0.19 per share of common stock outstanding. The dividend will be payable July 5, 2002 to stockholders of record June 21, 2002.

Granite State Bankshares, Inc. is the parent company for Granite Bank, a New Hampshire state-chartered commercial bank with 19 offices operating throughout southern New Hampshire. Granite Bank is the largest independent bank in the State of New Hampshire.



            

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