WNNB Wayne Bancorp (MM)

Wayne Bancorp, Inc. Declares 5% Stock Dividend and Quarterly Cash Dividend of $.18 Per Share WOOSTER, Ohio, Nov. 3 /PRNewswire-FirstCall/ -- The Board of Directors of Wayne Bancorp, Inc. announced today the declaration of a 5% stock dividend and a fourth quarter cash dividend of $.18 per share. The stock dividend is payable to shareholders of record on December 5, 2003 and the cash dividend is payable to shareholders of record on November 28, 2003. Both dividends will be paid on December 26, 2003. Fractional shares resulting from the stock dividend will be paid in cash. (Logo: http://www.newscom.com/cgi-bin/prnh/20011205/WNNBLOGO ) "The fourth quarter dividend of $.18 per share brings the Company's cash dividends to $.72 per share for the full year 2003, which is an increase of 5.02 percent, as adjusted for stock dividends, compared to the full year 2002," said David P. Boyle, President and CEO, Wayne Bancorp, Inc. "The stock dividend is a tool used by the Company in our ongoing efforts to enhance the marketability and trading liquidity of our Company's stock, while the increase in the cash dividend reflects the Board's positive outlook for the future of the Company, and allows us to share our success with shareholders." Wayne Bancorp, Inc. (NASDAQ:WNNB) is an $826 million financial services company. Its bank affiliates -- Wayne County National Bank and Savings Bank & Trust -- operate 25 banking centers in Wayne, Holmes, Medina and Stark Counties. The Company's non-bank affiliates, including, MidOhio Data, Inc, which performs proof and data processing operations, and Chippewa Valley Title Agency, Inc., a wholly-owned subsidiary of WCNB are both located in Wayne County, while Access Financial Corp., a consumer finance company is located in Stark county. For more information, visit WCNB's Web site at wcnb.com and SBT's Web site at svgsbank.com . http://www.newscom.com/cgi-bin/prnh/20011205/WNNBLOGO http://photoarchive.ap.org/ DATASOURCE: Wayne Bancorp, Inc. CONTACT: David P. Boyle, CPA, President and CEO of Wayne Bancorp, Inc., +1-330-264-1222 Ext. 228 Web site: http://www.wcnb.com/ http://www.svgsbank.com/

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