/C O R R E C T I O N -- Fidelity Bankshares, Inc./

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/C O R R E C T I O N -- Fidelity Bankshares, Inc./

    In the news release, "Fidelity Bankshares (Nasdaq: FFFL) 2004 Net Income
$17.9 Million, EPS $1.22; Q4 Net Income $3.5 Million, EPS $.23; Assets Reach
$3.05 Billion; Deposits $2.46 Billion" issued earlier today by Fidelity
Bankshares over PR Newswire, we are advised by the company that the headline
should read "Fidelity Bankshares 2003 Net Income $17.9 Million, EPS $1.22; Q4
Net Income $3.5 Million, EPS $.23; Assets Reach $3.05 Billion; Deposits $2.46
Billion" rather than as was originally issued inadvertently.

SOURCE Fidelity Bankshares, Inc.