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 paid are set forth in the table below. Per share closing prices are retroactively restated for all stock dividends and stock splits. Per share cash dividends paid on the Company's common stock have not been restated for mergers accounted for as pooling of interests. 1998 1997 ---- ---- Cash Cash High Low Dividend High Low Dividend First Quarter $30.95 $27.62 $0.100 $18.33 $17.38 $0.08 Second Quarter $30.48 $28.33 $0.115 $19.05 $17.38 $0.10 Third Quarter $28.81 $22.38 $0.115 $21.67 $18.57 $0.10 Fourth Quarter $26.19 $22.38 $0.115 $31.97 $20.41 $0.10 ------ ----- $0.445 $0.38 ====== ===== The Common Stock was held of record by approximately 2,938 shareholders at March 1, 1999. Cash dividends paid to the Company's shareholders are expected to be 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 dividends. In addition, the Company's Board of Directors presently intends to consider declaring and issuing an annual 5% stock dividend. 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 Market Agent: Fifth Third Bank Makers: J.J.B. Hilliard, W.L. Lyons, Inc. Fifth Third Center (800) 444-1854 Cincinnati, Ohio 45263 (513) 579-4355 NatCity Investments, Inc. (800) 321-7442 Shareholder Information and Corporate Office: Terri A. Eckerle German American Bancorp P. O. Box 810 Jasper, Indiana 47547-0810 (812) 482-1314 THE COMPANY WILL PROVIDE A COPY OF ITS ANNUAL REPORT (FORM 10-K, AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION, WITHOUT EXHIBITS) FREE OF CHARGE TO ANY SHAREHOLDER, UPON WRITTEN REQUEST. SUCH WRITTEN REQUEST SHOULD BE DIRECTED TO THE SHAREHOLDER INFORMATION AND CORPORATE OFFICE ADDRESS PROVIDED ABOVE.