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June 5, 2006

Central Bank names June Carpenter Benefits Manager

Lexington, KY. – Central Bancshares Chairmen, President & CEO Luther Deaton, Jr. has announced the hiring of June Carpenter to Benefits Manager – human resources officer.

Ms. Carpenter joins Central Bank, having over 16 years of human resources experience. Her expertise lies in the areas of employee relations and services, benefits and compensation, employee health and safety, recruitment, and compensation management.

Ms. Carpenter’s responsibilities will include supervising benefits and payroll staff, assisting in the administration of the bank’s benefits programs, conducting annual meetings for new hires and quarterly 401-k enrollment meetings, and administering the bank’s Safety Program.

Central Bank is a subsidiary of Central Bancshares Inc., which currently operates a total of 23 full service banking centers, 28 ATMs, two mortgage offices, an insurance agency and an investment office in Bath, Boone, Clark, Fayette, Jefferson, Jessamine, Madison, and Scott counties. As of March 31, 2006, Central Bancshares’ total assets were $1.672 billion.


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