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PR Newswire
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Prosperity Bancshares, Inc.(R) Invites You to Join its Second Quarter Earnings Conference Call on the Web


HOUSTON, June 30 /PRNewswire-FirstCall/ -- In conjunction with Prosperity Bancshares, Inc.(R) Second Quarter Earnings Announcement, scheduled before the market opens on Friday, July 21, 2006, you are invited to listen to its conference call that will be broadcast live over the Internet at 10:30 AM, Eastern Daylight Time (9:30 AM, Central Daylight Time) on Friday, July 21, 2006. Participants will include David Zalman, Chairman and Chief Executive Officer; Dan Rollins, President and Chief Operating Officer; Tim Timanus, Vice Chairman; and David Hollaway, CPA, Chief Financial Officer.

What: Prosperity Bancshares, Inc.(R) Second Quarter Earnings Announcement When: Friday, July 21, 2006 9:30 AM (Central Daylight Time) Where: http://www.prosperitybanktx.com/ on the Investor Relations page How: Live over the Internet -- Simply log on to the web at the address above or call 800-362-0595, reference code is PBTX. Contact: Dan Rollins, President & COO at (281) 269-7199 ordan.rollins@prosperitybanktx.com

If you are unable to participate during the live webcast, the call will be archived on the Web site at http://www.prosperitybanktx.com/ on the Investor Relations page. To access the replay, click on the conference call section and follow the instructions.

NASDAQ names Prosperity Bancshares, Inc.(R) to its new Global Select Market Tier



Prosperity Bancshares, Inc. also announced that NASDAQ has included its stock in the newly-created NASDAQ Global Select Market. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world based on financial and liquidity requirements. Prior to the change, Prosperity had been listed on the NASDAQ National Market.

Beginning July 3, NASDAQ will begin classifying its listed companies under one of three listing tiers: NASDAQ Capital Market, NASDAQ Global Market, and NASDAQ Global Select Market. NASDAQ also plans to launch indexes based on these new tiers.

"Prosperity Bancshares, Inc., is an example of an industry leader that has achieved superior listing standards which clearly define the essence of the NASDAQ Global Select Market," said Bruce Aust, Executive Vice President of NASDAQ's Corporate Client Group. "NASDAQ is focused on leading a race to the top in terms of listing qualifications. In recognizing these companies, we are highlighting their achievement in meeting the requirements to be included in the market with the highest listing standards in the world," Aust said.

Prosperity Bancshares, Inc.(R)

Prosperity Bancshares(R), a $4.6 billion Houston, Texas based regional financial holding company, formed in 1983, was named to the Keefe Bruyette & Woods, Inc. 2005 Honor Roll for achieving exceptional earnings per share growth for the past 10 years. Other recent honors include being named to the Sandler O'Neill & Partners 2005 Bank and Thrift Small All Stars, listed in US Banker's August 2005 Top 100 Publicly Traded Mid-Tier Banks, ranked #2 out of 195 publicly traded companies in the 2005 Stephens, Inc. Bank and Thrift Performance Matrix and the Houston Chronicle's Houston 100 list.

Operating under a community banking philosophy, Prosperity seeks to develop broad customer relationships based on service and convenience. Prosperity offers a variety of traditional loan and deposit products to its customers, which consist primarily of consumers and small and medium sized businesses. In addition to established banking products, Prosperity offers a complete line of services including: Internet Banking services at http://www.prosperitybanktx.com/, Retail Brokerage Services, MasterMoney Debit Cards, and 24-hour voice response banking. Prosperity currently operates eighty-nine (89) full-service banking locations, thirty-eight (38) in the Houston CMSA; sixteen (16) in the Corpus Christi area; eleven (11) in the Dallas area; five (5) in the Austin area; two (2) in the East Texas area; and seventeen (17) in fifteen contiguous counties south and southwest of Houston generally along the NAFTA highway.

- Minimum Requirements to listen to broadcast: At least a 28.8 Kbps connection to the Internet and the Windows Media Player software, downloadable free from http://www.microsoft.com/windows/windowsmedia/player/download/download.aspx.
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© 2006 PR Newswire
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