TXUI Texas United Bancshares

Texas United Bancshares, Inc. Declares Cash Dividend LA GRANGE, Texas, June 14 /PRNewswire-FirstCall/ -- Texas United Bancshares, Inc. (NASDAQ:TXUI), an independent bank holding company, announced that its board of directors has declared a $0.07 per share regular quarterly cash dividend on the common stock of the company for the second quarter of 2004. The dividend will be paid on July 5, 2004 to shareholders of record as of June 23, 2004. Annualized, this represents a dividend payout of 22% of prior year's earnings. Texas United Bancshares, Inc. is a registered financial holding company listed on the Nasdaq National Market under the symbol "TXUI". Its wholly owned subsidiary, State Bank, offers a complete range of banking services through 18 full service banking centers and three loan production offices located in the greater central and south central Texas area. In addition, State Bank has nine mortgage loan production offices located in Houston, San Antonio and Kerrville through its wholly owned subsidiary Community Home Loan. Except for historical information, this press release contains forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties in the general business and economic conditions in the markets Texas United serves. All written or oral forward-looking statements are expressly qualified in their entirety by these cautionary statements. Please also read the additional risks and factors described from time to time in Texas United's reports and registration statements filed with the Securities and Exchange Commission. DATASOURCE: Texas United Bancshares, Inc. CONTACT: Tom Adams of Texas United Bancshares, Inc., +1-979-968-7261

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