RALEIGH, N.C. – The Board of Directors of First Citizens BancShares Inc. (Nasdaq: FCNCA) today declared a quarterly dividend of 27.5 cents per share on the Class A and Class B common stock. The dividend is payable Oct. 2, 2006, to shareholders of record Sept. 18, 2006.

First Citizens’ stock is traded over-the-counter, and Class A is quoted on the Nasdaq National Market System under the symbol FCNCA.

Barbara Thompson
919.716.2716
First Citizens Bank