Appalachian Bancshares Inc., to Announce First Quarter Earnings Results on April 27, 2007


ELLIJAY, Ga., April 19, 2007 (PRIME NEWSWIRE) -- Appalachian Bancshares Inc. (Nasdaq:APAB), today announced it will release its first quarter 2007 financial results on Friday, April 27, 2007, prior to the opening of the stock market.

The company also will hold a conference call at 11:00 a.m. ET on April 27, 2007, to discuss its financial results and strategic initiatives. The conference call can be accessed by phone at 1-877-407-9210 and by Webcast through the company's Web site, www.acbanks.net, by clicking on the Investor Relations section. A replay of the call will be archived on the company's Web site for one year.

About Appalachian Bancshares Inc.

Appalachian Bancshares, Inc., based in Ellijay, Ga., is the holding company of Appalachian Community Bank, a state-chartered bank organized under the laws of the State of Georgia. Appalachian Community Bank also operates under the trade name of Gilmer County Bank. Appalachian Bancshares has assets of $758 million. Through its subsidiaries, the company provides a full range of community banking services to individuals, small and medium-sized businesses, real estate developers, contractors and farmers. Appalachian Community Bank has full-service banking offices throughout North Georgia in Ellijay, East Ellijay, Blue Ridge, Blairsville, Chatsworth, Dawsonville and McCaysville, and loan production offices in Ducktown, Tenn., and Murphy, N.C. Upon issuance of the new charter by the OTS, the branch in McCaysville and the loan production offices in Ducktown, Tenn., and Murphy, N.C. will be transferred to Appalachian Community Bank, F.S.B., and the loan production offices will be converted into full-service banking offices. The common stock of Appalachian Bancshares is traded on the Nasdaq Global Market, under the symbol APAB. For more information, please visit the Company's website at www.acbanks.net.



            

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