GCBS Greene County Bancshares (MM)

Greene County Bancshares, Inc. (NASDAQ: GCBS), the holding company for GreenBank (formerly Greene County Bank), today announced that its management will participate in the Southeast 2007 Super-Community Bank Conference, which takes place February 14-15 in Atlanta. Stan Puckett, Chairman and Chief Executive Officer, and Jim Adams, Senior Vice President and Chief Financial Officer, will represent the Company at the conference. The Company's investor presentation is scheduled to begin at 2:20 p.m. ET on Wednesday, February�14,�2007, and will be available to investors via a live audio/video webcast. A link to the webcast can be found in the Investor Relations section of Company's website, www.mybankconnection.com, and the event will be archived for replay for a period of 60 days. Greeneville, Tennessee-based Greene County Bancshares, Inc., with total assets of approximately $1.7 billion, is the holding company for GreenBank. GreenBank, which traces its origin to 1890, has 49 branches throughout East and Middle Tennessee, one branch each in Bristol, Virginia, and Hot Springs, North Carolina, and a wealth management office in Lebanon, Tennessee. In addition, GreenBank also conducts separate businesses through three wholly owned subsidiaries: Superior Financial Services, Inc., a consumer finance company; GCB Acceptance Corporation, a consumer finance company specializing in subprime automobile lending; and Fairway Title Co., a title insurance company.