Green Bankshares, Inc. (GRNB) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell


ADVISORY, July 30, 2007 (PRIME NEWSWIRE) --



 What:
 R. Stan Puckett, Chief Executive Officer of Green Bankshares, Inc. 
 (GRNB), will preside over the closing bell.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Tuesday, July 31, 2007 at 4:00 p.m. ET

 Contacts:
 James Adams
 Chief Financial Officer
 (423) 278-3050; adamsj@greenbankusa.com

 NASDAQ MarketSite:
 Silvia Davi
 646.441.5014; silvia.davi@nasdaq.com

 Jolene Libretto; 646.441.5220; 347.219.9539
 Jolene.Libretto@NASDAQ.com

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.

Webcast:

A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About Green Bankshares, Inc. (GRNB):

Green Bankshares, Inc. the largest NASDAQ listed Bank Holding Company headquartered in the State of Tennessee is the holding company of GreenBank, which traces its origin to 1890. Green Bankshares, with total assets of $2.9 billion, has reported six consecutive years of record earnings through year-end 2006 and has posted record earnings results for the first two quarters of 2007. GreenBank, the principal banking subsidiary of GRNB, has 61 branches across East and Middle Tennessee along with two out-of-state locations, one in Bristol, Virginia and one in Hot Springs, North Carolina.