Granite State Bankshares, Inc. Announces Quarterly Dividend


KEENE, N.H., Sept. 5, 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 October 4, 2002 to stockholders of record September 20, 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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