REVOCABLE PROXY

              SOLICITED ON BEHALF OF THE BOARD OF DIRECTORS OF THE
    GRANVILLE UNITED BANK FOR THE SPECIAL MEETING OF SHAREHOLDERS TO BE HELD
                               _____________, 1996



The  undersigned  shareholder  of  Granville  United Bank  ("Granville")  hereby
constitutes and appoints _____________,  _________________ and ________ and each
of them, as  attorneys-in-fact  and proxies,  with full power of substitution to
represent  and  vote as  directed  below,  all  shares  of the  common  stock of
Granville held of record by the  undersigned on _________,  1996, at the Special
Meeting  of  Shareholders  of  Granville  to be  held  on  __________,  1996  at
______.m.,  local time, at  _____________,  Oxford,  North Carolina,  and at any
adjournments thereof (the "Special Meeting").

1.  PROPOSAL TO APPROVE  MERGER.  Proposal to approve the  Agreement and Plan or
Reorganization  and Merger,  dated as of June 7, 1996,  and the related  Plan of
Merger  (collectively,  the  "Agreement"),  by  and  among  Granville,  Triangle
Bancorp,  Inc.  ("Triangle") and Triangle Bank, the wholly-owned bank subsidiary
of Triangle, and to approve the transactions  contemplated therein,  pursuant to
which, among other matters,  (i) at the effective time, Granville will be merged
with and into Triangle Bank (the "Merger"),  and (ii) each share of common stock
of Granville outstanding  immediately prior to the Merger will be converted into
1.75 shares of the common stock, no par value, of Triangle.

    [ ] FOR                        [ ] AGAINST                      [ ] ABSTAIN

2. OTHER BUSINESS.  To vote the shares of Granville common stock  represented by
this  appointment  of proxy upon such other  matters as may properly come before
the Special Meeting and any  adjournments  thereof in accordance with their best
judgment.

PLEASE  VOTE,  SIGN AND DATE THIS  APPOINTMENT  OF PROXY ON THE REVERSE SIDE AND
PROMPTLY RETURN IT USING THE ENCLOSED ENVELOPE.






                           (continued from other side)




         THE SHARES  REPRESENTED  BY THIS  APPOINTMENT OF PROXY WILL BE VOTED AS
DIRECTED  ABOVE.  IN THE ABSENCE OF ANY  DIRECTION,  THE  PROXIES  WILL VOTE THE
SHARES  REPRESENTED  BY THIS  APPOINTMENT  OF PROXY FOR PROPOSAL 1. SHOULD OTHER
MATTERS PROPERLY COME BEFORE THE SPECIAL MEETING, THE PROXIES WILL BE AUTHORIZED
TO VOTE THE SHARES  REPRESENTED BY THIS  APPOINTMENT OF PROXY IN ACCORDANCE WITH
THEIR BEST JUDGMENT.  THIS  APPOINTMENT OF PROXY MAY BE REVOKED BY THE HOLDER OF
THE SHARES TO WHICH IT RELATES AT ANY TIME BEFORE IT IS EXERCISED BY FILING WITH
THE SECRETARY OF GRANVILLE A WRITTEN  INSTRUMENT  REVOKING IT OR A DULY EXECUTED
APPOINTMENT  OF PROXY BEARING A LATER DATE OR BY ATTENDING  THE SPECIAL  MEETING
AND ANNOUNCING HIS OR HER INTENTION TO VOTE IN PERSON.


                                                     By signing this proxy,  the
                                            undersigned   hereby    acknowledges
                                            receipt  of the  Notice  of  Special
                                            Meeting,  dated  _______,  1996, and
                                            the  accompanying   Prospectus/Proxy
                                            Statement of Granville and Triangle.


                                            Dated:  ______________________, 1996



                                            ------------------------------------
                                            Signature of Owner of Shares



                                            ------------------------------------
                                            Signature of Joint Owner of Shares 
                                             (if any)


                                           Instruction:    Please   sign   above
                                           exactly as your name  appears on this
                                           appointment of proxy. Joint owners of
                                           shares should both sign.  Fiduciaries
                                           or  other   persons   signing   in  a
                                           representative     capacity    should
                                           indicate the  authorized  capacity in
                                           which they are signing.

IMPORTANT:  TO INSURE  THAT A QUORUM IS PRESENT AT THE SPECIAL  MEETING,  PLEASE
SEND IN YOUR APPOINTMENT OF PROXY WHETHER OR NOT YOU PLAN TO ATTEND. EVEN IF YOU
SEND IN YOUR  APPOINTMENT  OF  PROXY,  YOU WILL BE ABLE TO VOTE IN PERSON AT THE
SPECIAL MEETING IF YOU SO DESIRE.

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