JACKSON, Miss.--(BUSINESS WIRE)--Nov. 2, 2004--Richard G. Hickson,
Chairman and Chief Executive Officer of Trustmark Corporation
(NASDAQ:TRMK), and Gil Bennett, President and Chief Executive Officer
of Fisher-Brown, Inc., today announced the signing of an agreement in
which Fisher-Brown would become a wholly owned subsidiary of Trustmark
National Bank. Founded in 1911, Fisher-Brown is the leading general
lines insurance agency in Northwest Florida providing a broad spectrum
of risk management products to businesses and individuals. With annual
revenues of approximately $16 million and a staff of 125 associates,
Fisher-Brown is headquartered in Pensacola and has offices in Milton,
Mary Esther, Destin and Panama City, Florida. The transaction, which
is subject to due diligence, is expected to close in the fourth
quarter of 2004.
Trustmark Chairman and CEO Richard G. Hickson, stated "We are
delighted to join forces with Fisher-Brown, a well-respected agency
delivering comprehensive and effective solutions to meet their
clients' risk management needs. Fisher-Brown will operate as a
separate subsidiary of Trustmark National Bank and will complement our
existing insurance services provided by The Bottrell Insurance Agency,
Inc. This transaction represents another strategic step for Trustmark
in becoming a more diversified financial services organization. It
also complements our growing banking presence in Florida's vibrant
Gulf Coast."
Fisher-Brown President and CEO Gil Bennett, stated "Trustmark
shares our commitment to client satisfaction and is a strong financial
partner that will enhance our ability to grow and serve the dynamic
Florida panhandle marketplace."
Trustmark National Bank is a subsidiary of Trustmark Corporation
(NASDAQ:TRMK), a financial services company providing banking and
financial solutions through over 145 offices and 2,450 associates in
Mississippi, Florida, Tennessee and Texas. For additional information,
visit Trustmark's web site at www.trustmark.com.
Forward Looking Statements
This press release contains forward-looking statements within the
meaning of and pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. A forward-looking statement
in this press release encompasses any estimate, prediction,
expectation, projection, opinion, anticipation, outlook or statement
of belief included therein, as well as the management assumptions
underlying those forward-looking statements. Factors that might cause
future results to differ from such forward-looking statements are
described in Trustmark's filings with the Securities and Exchange
Commission. Trustmark undertakes no obligation to update or revise any
of this information, whether as the result of new information, future
events or developments, or otherwise.
CONTACT: Trustmark Corporation
Investors:
Zach Wasson, 601-208-6816
or
Joseph Rein, 601-208-6898
or
Media:
Gray Wiggers, 601-208-5942
www.trustmark.com
or
Fisher-Brown
Kirk Ball, 850-444-7600
SOURCE: Trustmark Corporation