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NEWS RELEASE • • • • • • • • ■ • • • ■ • • • • • ■ • ■ • • • The Federal Reserve Bank of St. Louis St. Louis Little Rock Louisville Memphis Contact: Charles B. Henderson (314) 444-8311 For release: October 7, 1999 ST. LOUIS, Mo. -The Federal Reserve Bank of St. Louis, acting pursuant to delegated authority for the Board of Governors of the Federal Reserve System, today approved the notification by Kennett Merger Corporation, Kennett, Missouri, to become a bank holding company through the acquisition of 100 percent of the outstanding voting shares of Kennett Bancshares, Inc., Kennett, Missouri, thereby indirectly acquiring Kennett National Bank. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis * * *