Granite State Bankshares, Inc. Announces Quarterly Dividend


KEENE, N.H., Dec. 17, 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 January 17, 2003 to stockholders of record January 3, 2003.

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.



            

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