Wednesday, November 24, 1999

Company Press Release

SOURCE: Salisbury Bancorp, Inc.

Salisbury Bancorp, Inc. Declares Quarterly Dividend and Special Dividend


Lakeville, Connecticut, November 24, 1999/ PRNewswire/-The Board of Directors of
Salisbury  Bancorp,  Inc.  (AMEX:SAL),  the parent company of Salisbury Bank and
Trust  Company,  declared a $0.12 per share  quarterly  cash  dividend  at their
November 24, 1999  meeting.  The Board also  declared a special cash dividend of
$.22 per share. The total dividend of $.34 per share will be paid on January 28,
2000 to shareholders of record as of December 31, 1999.

The Company  declared cash dividends  totaling $.60 per share for the year 1998.
Dividends declared for 1999 total $.70 per share which represents an increase of
16.7% when comparing the two years.

 Salisbury  Bancorp's sole  subsidiary,  Salisbury Bank and Trust Company,  is a
community  bank with  assets in excess of $217  million and capital in excess of
$19  million,  headquartered  in  Northwestern  Connecticut,  which  offers full
financial services to the communities it services in Connecticut,  Massachusetts
and New York.
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