Exhibit 99.1

January 2, 2013

Press Release

KENTUCKY BANK ANNOUNCES THAT JAMES B. BRADEN WILL BECOME CHIEF
ADMINISTRATIVE OFFICER
Paris, Kentucky - Kentucky Bancshares, Inc. (KTYB) announced today that
James B. Braden has been appointed as Chief Administrative Officer of
Kentucky Bank.  Mr. Braden has been employed with Kentucky Bank as
Director of Risk Management since 2010.  Prior to joining Kentucky
Bank, Mr. Braden was a senior manager with Crowe Horwath LLP, one of
the largest public accounting and consulting firms in the United
States.  Mr. Braden will assume the Chief Administrative Officers
position effective January 1, 2013.
Kentucky Bancshares, Inc. is the holding company for Kentucky Bank, a
commercial bank operating through 13 branches located throughout
Central and Eastern Kentucky.  At September 30, 2012, the Company had
net loans of $420.5 million, total deposits of $540.6 million and total
assets of $672.4 million.  For the nine months ended September 30, the
Company earned net income of $5.1 million, or $1.88 per basic and
diluted share, compared to net income of $4.5 million, or $1.65 per
basic and diluted share for the first nine months of 2011.