Monday, May 22, 2000

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Bancorp, Inc. Announces Second Quarter Dividend

Lakeville,  Connecticut,  May 22,  2000/PRNewswire/-The  Board of  Directors  of
Salisbury  Bancorp,  Inc.  (AMEX:SAL),  the parent company of Salisbury Bank and
Trust Company,  declared a $0.13 per share  quarterly cash dividend at their May
19, 2000 meeting. Dividends year to date for 2000 total $ 0.26 per common share.
This represents an increase of $ 0.02 or 8.3% over the $0.24 per share dividends
paid during the same period of 1999.The  quarterly cash dividend will be paid on
July 28, 2000 to shareholders of record as of June 30, 2000.

Salisbury  Bancorp's sole  subsidiary,  Salisbury  Bank and Trust Company,  is a
community  bank with  assets in excess of $200  million and capital in excess of
$20 million,  which has served the communities of  Northwestern  Connecticut and
proximate communities in New York and Massachusetts for approximately 150 years.
The bank has a full  service  Trust  Department  and offers  commercial  banking
products  and  services  through  three  full  service  offices  in the Towns of
Lakeville, Salisbury, and Sharon, Connecticut.

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