National Bankshares, Inc. Announces Promotion of Patrick Lamm to Vice President

James G. Rakes, President and Chief Executive Officer of National Bankshares, Inc., is pleased to announce the promotion of Patrick Lamm to Vice President of Credit Review.

"This promotion recognizes Pat's excellent leadership of our Credit and Loan Review Department," said Jim Rakes. "Because of his expertise and experience, he enjoys the respect of regulators, external auditors and his fellow employees."

Mr. Lamm is a graduate of Virginia Tech and the Virginia Bankers Association School of Bank Management at the University of Virginia. He began his career in 1989 with National Bank, the banking subsidiary of National Bankshares, and was promoted to Credit Review Officer in 1993.

Mr. Lamm currently resides in McCoy, Virginia with his wife and two daughters.

National Bankshares, Inc. is a financial holding company headquartered in Blacksburg, Virginia. It is the parent of National Bank, a 115 year-old bank with 26 office locations throughout Southwest Virginia. The Company also operates a non-bank subsidiary, National Bankshares Financial Services, Inc. Its stock trades on the NASDAQ Stock Market under the symbol "NKSH". Additional information is available on the Company web site at www.nationalbankshares.com.