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                           Sistersville Bancorp, Inc.

                         726 WELLS STREET, P.O. BOX 187
                             SISTERSVILLE, WV 26175
                                  304-652-3671



FOR IMMEDIATE RELEASE                            FOR FURTHER INFORMATION CONTACT
- ---------------------                            -------------------------------
March 15, 2001                                   Stanley M. Kiser
                                                 President and CEO
                                                 (304) 652-3671


              Sistersville Bancorp, Inc. Announces Stock Repurchase
              -----------------------------------------------------

         Sistersville,  WV -  Sistersville  Bancorp,  Inc. (the  "Company")  the
parent  holding  company  of First  Federal  Savings  Bank (the  "Bank"),  today
announced  that it has received  Board  approval to initiate a  repurchase  plan
covering up to 5% or 24,243 shares of the Company's common stock to be purchased
in the open market.  The Company  currently  has 484,866  shares of common stock
outstanding.  Mr. Stanley M. Kiser, President and Chief Executive Officer of the
Company,  indicated  that the  repurchases  would be made  from  time to time in
open-market transactions,  subject to the availability of stock. The repurchased
shares would be available for general corporate use.

         First  Federal  Savings  Bank, a federally  chartered  savings bank, is
headquartered  in Sistersville,  West Virginia,  with a branch office located in
Parkersburg,  West Virginia.  The Bank's  deposits are insured up to the maximum
legal amount by the Federal Deposit Insurance  Corporation (FDIC). The Company's
common stock is traded in the over-the-counter  market with quotations available
through the OTC "Electronic Bulletin Board" under the symbol "SVBC".