EXHIBIT 99


                             FOR IMMEDIATE RELEASE
                              DATE: MAY 21, 1998

                            FORT BEND HOLDING CORP.


ROSENBERG, TEXAS, May 21, 1998 - Fort Bend Holding Corp. (Nasdaq: FBHC), the
holding company for Fort Bend Federal Savings and Loan Association of Rosenberg,
Texas, announced today that Millers Mutual Fire Insurance Company has failed to
pursue its unsolicited expression of interest and that FBHC had been advised
through third party sources that Millers has allowed its expression of interest
to expire.

"No firm offer was ever made and no due diligence was ever performed," stated 
Fort Bend's President and Chief Executive Officer, Lane Ward. "Therefore, we 
intend to continue our historical strategy of growth through operations and 
selective acquisitions, and as always will evaluate our strategic alternatives 
on an ongoing basis, in order to enhance long term shareholder value."

Mr. Ward also cautioned shareholders that there could be no assurance that this
strategy would result in either an acquisition by the Company or the sale of the
Company.


                                      ###

  For more information, contact: Lane Ward, Vice Chairman, President and CEO 
                               at (281)342-5571