Exhibit 99.1


April 25, 2011

                           Press Release

KENTUCKY BANCSHARES, INC. REPORTS EARNINGS FOR FIRST QUARTER OF 2011

Paris, Kentucky - Kentucky Bancshares, Inc., parent company of Kentucky
Bank, reported a $317,000 increase in the earnings for 2011 compared to
the same time period in 2010.  Earnings are $1,262,000, or fully
diluted 2011 earnings per share of $0.46, compared to $945,000, or
fully diluted earnings per share of $0.35 for the same period of 2010.

Kentucky Bank ranks 14th in size among the 179 banks headquartered in
the Commonwealth of Kentucky.  Kentucky Bank is headquartered in Paris
and also has offices in Cynthiana, Georgetown, Morehead, Nicholasville,
Sandy Hook, Versailles, Wilmore and Winchester.


Contact:  Gregory J. Dawson
          Chief Financial Officer
          859-987-1795