First South Bancorp (FSBK) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell

ADVISORY, April 19, 2007 (PRIME NEWSWIRE) --

What: Tom Vann, Chief Executive Officer of First South Bancorp (FSBK), will preside over the closing bell to celebrate the Company's 10 year anniversary on NASDAQ. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio When: Friday, April 20, 2007 at 4 p.m. ET Contacts: NASDAQ MarketSite: Silvia Davi 646.441.5014; silvia.davi@NASDAQ.com Jolene Libretto; 646.441.5220; 347.219.9539 Jolene.Libretto@NASDAQ.com

Feed Information:

The closing bell is available from 3:50 p.m. to 4:05 p.m. on uplink IA-6 C-band/transponder 17. The downlink frequency is 4040 Vertical; Audio 6.2-6.8. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the closing bell is also available from 3:50 p.m. to 4:05 p.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.

Webcast:

A live Webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm

Photos:

To obtain a hi-resolution photograph of the Market Close, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market close of your choice.

About First South Bancorp (FSBK):

First South Bank has been serving the citizens of North Carolina since 1902 and offers a variety of financial products and services, including a Leasing Company and securities brokerage services through an affiliation with a broker/dealer. First South Bank operates through its main office headquartered in Washington, North Carolina, and has twenty-six full service branch offices and two loan production offices located throughout central, eastern, northeastern and southeastern North Carolina.

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