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       Market and Dividend Information for                                  37
       German American Bancorp Common Stock
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                         MARKET AND DIVIDEND INFORMATION

    German American Bancorp's stock is traded on NASDAQ's National Market System
under the  symbol  GABC.  The  quarterly  high and low  closing  prices  for the
Company's  common  stock as  reported  by NASDAQ and  quarterly  cash  dividends
declared and paid are set forth in the table below. Per share closing prices are
retroactively  restated  for all  stock  dividends.  Per  share  cash  dividends
declared  and paid on the  Company's  common  stock have not been  restated  for
mergers accounted for as poolings of interests.


                                     1999                                   1998
                                     ----                                   ----
                                                Cash                                    Cash
                          High        Low     Dividend            High       Low      Dividend
                          ----        ---     --------            ----       ---      --------
                                                                     
     Fourth Quarter      $22.38     $17.25     $0.125            $24.94     $21.32     $0.110
     Third Quarter       $22.38     $16.31     $0.125            $27.44     $21.32     $0.110
     Second Quarter      $18.33     $16.31     $0.125            $29.02     $26.98     $0.110
     First Quarter       $21.67     $17.62     $0.110            $29.25     $26.30     $0.100
                                               ------                                  ------

                                               $0.485                                  $0.430
                                               ======                                  ======



     The Common Stock was held of record by approximately  2,920 shareholders at
March 1, 2000.

     Cash dividends paid to the Company's shareholders are primarily funded from
dividends  received by the Company from its subsidiaries.  The Company presently
intends to follow its historical  policy as to the amount,  timing and frequency
of the  payment of cash and stock  dividends.  The  declaration  and  payment of
future dividends, however, will depend upon the earnings and financial condition
of the Company and its  subsidiaries,  general economic  conditions,  compliance
with regulatory requirements, and other factors.



                                                                       
Transfer Agent:       UMB Bank, N.A.                          Regional          J.J.B. Hilliard, W.L. Lyons, Inc.
                      Securities Transfer Division            Market Makers:    Louisville, Kentucky
                      P.O. Box 410064                                           Contact: George Morrin
                      Kansas City, MO 64141-0064                                (800) 444-1854
                      Contact: Shareholder Relations
                      (800) 884-4225                                            NatCity Investments, Inc
                                                                                Indianapolis, Indiana
                                                                                Contact: Eric Wheeler
Shareholder                                                                     (800) 321-7442
Information and       Terri A. Eckerle
Corporate Office:     German American Bancorp                                   McDonald Investments, Inc.
                      P. O. Box 810                                             Evansville, Indiana
                      Jasper, Indiana  47547-0810                               Contact: Kent Gourley
                      (812) 482-1314                                            800) 513-0844