First National Bancshares Receives NASDAQ Notice

SPARTANBURG, SC – April 22, 2009 – First National Bancshares, Inc. (Nasdaq:FNSC) has received a notice from the NASDAQ Stock Market that indicates the Company is not in compliance with the requirements for continued listing, because it did not file its Annual Report on Form 10-K for the year ended December 31, 2008, by April 15, 2009, the end of a 15-day filing grace period.

This was a non-disruptive, procedural action by the NASDAQ Market for us, because our intention is to file the Company’s Form 10-K shortly, First National Bancshares President and CEO Jerry Calvert said. Once we file our Form 10-K, we anticipate we will be back in compliance with NASDAQ market rules.

About First National Bancshares

First National Bancshares, Inc., (Nasdaq:FNSC) is an $817.7-million asset bank holding company, based in Spartanburg, South Carolina. It provides a wide range of financial services to consumer and commercial customers through its wholly owned banking subsidiary, First National Bank of the South, which has 12 full-service branches in five South Carolina counties. A thirteenth office is expected to open its doors in the Fort Mill/Tega Cay community of York County in the second quarter of 2009. Additional information is available online at www.fnbwecandothat.com.