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First Citizens BancShares Declares Dividend
October 23, 2006

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 Jan. 1, 2007, to shareholders of record Dec. 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