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Fidelity Bankshares, Inc. Announces Quarterly Dividend
 
    WEST PALM BEACH, Fla., March 22 /PRNewswire-FirstCall/ -- Vince A.
Elhilow, President of Fidelity Bankshares, Inc. (Nasdaq: FFFL), announced that
the Company's Board of Directors approved the payment of a quarterly cash
dividend of $.08 per share on the Company's common stock to its stockholders.
The dividend will be paid to stockholders of record on March 31, 2005 and will
be distributed on April 15, 2005.

    Fidelity Bankshares, Inc. operates Fidelity Federal Bank & Trust. The
Bank, based in West Palm Beach, has assets of $3.1 billion and 42 branch
offices in Palm Beach, Martin and St. Lucie counties.
SOURCE Fidelity Bankshares, Inc.



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  • http://www.fidfed.com
    CONTACT:
    Vince A. Elhilow, President and Chief
    Executive Officer, or Richard D. Aldred, Chief Financial Officer,
    both of Fidelity Bankshares, Inc., +1-561-803-9900
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