EXHIBIT 99

For Immediate Release                 Contact:  Kathleen Bruegenhemke
                                      Senior Vice President, Investor Relations
                                      TEL: 573.761.6100   FAX: 573.761.6272

                       EXCHANGE NATIONAL BANCSHARES, INC.
                     OF JEFFERSON CITY, MISSOURI, ANNOUNCES
                      LEE'S SUMMIT DE NOVO BRANCH EXPANSION


                  JEFFERSON CITY, MO, February 11, 2004 -- Today, Exchange
National Bancshares, Inc. (NASDAQ: EXJF) announced the filing of a de novo
branch application for Lee's Summit, MO. This latest addition will increase
Exchange National Bancshares' total branch network to 19 locations.

James E. Smith, Chairman & CEO of Exchange National Bancshares announced that
Citizens Union State Bank & Trust, a subsidiary of Exchange National Bancshares,
reached an agreement with Gale Communities to establish a full service branch
facility in the Historic New Longview Development in Lee's Summit. "We are
excited about this unique opportunity and our partnership with Gale
Communities," says James E. Smith, "This is an ideal location for our first
facility in the Kansas City Metropolitan area. We already have a solid customer
base in the Kansas City area. This will allow us to better serve those customers
and to serve the growing Lee's Summit market." The bank has filed an application
with state and federal regulators for the new branch location and plans to open
a temporary facility early spring.

Regarding future expansion, Mr. Smith added, "Exchange National Bancshares
expects to continue its growth and de novo branching strategy in 2004. While
plans for new locations may be subject to change as a result of fluctuations in
economic conditions, financial performance and competition, management is
pursuing entrance into additional market areas in 2004. The opening of any new
location is subject to availability of suitable sites, hiring qualified
personnel, obtaining regulatory approvals and many other conditions and
contingencies."

Exchange National Bancshares, a multi-bank holding company headquartered in
Jefferson City, Missouri, has total assets of $875 million and trades on the
NASDAQ National Market under the symbol "EXJF". Exchange National Bancshares is
the parent company of The Exchange National Bank of Jefferson City with
locations in California, Tipton and St. Robert; Citizens Union State Bank &
Trust of Clinton with locations in Windsor, Collins, Osceola and Springfield;
and Osage Valley Bank of Warsaw.

Statements made in this press release that suggest Exchange National Bancshares'
or management's intentions, hopes, beliefs, expectations, or predictions of the
future include "forward-looking statements" within the meaning of Section 21E of
the Securities and Exchange Act of 1934, as amended. It is important to note
that actual results could differ materially from those projected in such
forward-looking statements. Additional information concerning factors that could
cause actual results to differ materially from those projected in such
forward-looking statements is contained from time to time in the company's
quarterly and annual reports filed with the Securities and Exchange Commission.



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