May 26, 2005

Wayne M. Martin is elected to Central Bancshares and Central Bank & Trust Co.'s Board of Directors

Lexington, KY. -- Chairman, president & CEO Luther Deaton, Jr. is announcing the election of Wayne M. Martin, President of WKYT-TV and WYMT-TV, to the Boards of Central Bancshares and Central Bank & Trust Co. He replaced Gerald F. Healy, Owner-Operator of 14 McDonald's restaurants, who announced his retirement to spend more time with his family.

Wayne Martin is Regional Vice President-Television for Gray Television, Inc., President of Gray Kentucky Television, Inc., which operates WKYT-TV, Lexington, Kentucky, WYMT-TV, Hazard, Kentucky, and WBKO-TV, Bowling Green, Kentucky, and President of WVLT-TV, Knoxville, Tennessee. He has served as President and General Manager of WKYT-TV since 1993. Prior to that, he was the station's Vice President and General Sales Manager. Martin began his career in broadcast television management at WYMT, where he was successively General Sales Manager, Station Manager, and Vice President and General Manager during a span of three years.

Before entering broadcasting, Martin had a successful career as a college and high school basketball coach. As head coach at Morehead State University from 1978-1987, he led the Eagles to two NCAA tournaments. As head coach and athletic director at Pikeville College, Martin's teams made three national tournament appearances. He also served as assistant basketball coach at Oral Roberts University in Tulsa, Okla., and head basketball coach and business teacher at Pikeville (KY) High School.

Martin is active in civic and community affairs, having served in leadership positions such as Chairman of the Greater Lexington Chamber of Commerce, Chairman of the Lexington Area Sports Authority, Vice Chairman of the Morehead State University Board of Regents, President of the Kentucky Broadcaster's Association, Chairman of both the United Way Board of Directors and the annual campaign, and Chairman of the Children's Advocacy Center Board of Directors. He is currently a Board member of the Kentucky Horse Park, Governor's Scholars, is Chairman-elect of the Kentucky Chamber of Commerce, and is Chairman of the Lexington Center Corporation. He is also a member of the Kentucky-Indiana All-Star Basketball Game Selection Committee.

The Winchester, KY native is an honors graduate of Morehead State University with a Bachelor's degree in Business, a Masters in Education, and Rank I Administrative Certification. He is married to the former Kathy Goins, a Frankfort, KY native and has three sons, Chris 31, Matthew 18, and Michael 12.

Central Bancshares, Inc. is the holding company of Central Bank & Trust Co., Central Bank, FSB, Central Bank of Jefferson County, Salt Lick Deposit Bank, Central Bank Insurance Agency Inc. and Central Investment Center, Inc. The Bank operates 22 full service banking centers, 27 ATMs and a mortgage origination office in Clark, Fayette, Jefferson, Jessamine, Scott and Bath counties. As of March 31, 2005, Central Bancshares' total assets were $1.352 billion.

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