ITEM 5: OTHER EVENTS The following is the text of a press release issued by the registrant at 3:10 P.M. Central Standard Time on March 25, 2003. SIMMONS FIRST ANNOUNCES STOCK SPLIT Pine Bluff, AR — J. Thomas May, Chairman, President and Chief Executive Officer of Simmons First National Corporation has announced the declaration of a two for one stock split by the Corporation on its $1.00 par value Class A common stock (Nasdaq NM: SFNCA). The stock split will distribute one additional share of stock to shareholders for each share owned on the record date, April 18, 2003. The split will be effected through the distribution of the additional shares on May 1, 2003. No fractional shares will be issued, but cash payments in lieu of fractional shares will be made. “We believe that our growth over the last several years represents an increase in the overall value of our organization”, May said. “This stock split allows us to deliver enhanced value to our shareholders in the form of additional shares of stock in our organization.” Simmons First is celebrating 100 years of providing financial services to the citizens of Arkansas. Simmons First National Corporation is a $2 billion financial holding company, with community banks in Pine Bluff, Jonesboro, Lake Village, Rogers, Russellville, Searcy and El Dorado, Arkansas. The Company’s seven banks conduct financial operations from 64 offices in 34 communities. # # # FOR MORE INFORMATION CONTACT:
BARRY L. CROW
Executive Vice President and Chief Financial Officer
Simmons First National Corporation
(870) 541-1350
Ticker symbol: SFNCA
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