Date: June 15, 2006

INDEPENDENT BANK OF TEXAS ANNOUNCES THE
EXPANSION INTO FRISCO, TEXAS

(Irving, Texas) - Brad Durham, CEO of Independent Bank of Texas (IBT) announces today the expansion of a new banking center in Frisco, Texas. This expansion is only one part of IBT’s overall vertical growth strategy. Dean Castillo, who was recently hired as Market President, will be the senior banking officer at the Frisco Banking Center.

“Frisco, Texas is the logical choice for our expansion strategy,” noted Brad Durham – CEO of Independent Bank of Texas. “The area is one of the fastest growing areas in the state and we believe our special banking model suits the small and medium size businesses. Also, by adding Dean Castillo as the key executive to drive the Frisco Center we believe the future looks bright.”

“Our number one goal is to build relationship with the business community in Frisco,” voiced Dean Castillo – Market President of the Frisco Banking Center. “We are going to create a unique banking experience for our business clients that they are not currently getting today. We look forward to assisting businesses in the Frisco area with the financial services that they need for their company to grow.”

About Dean Castillo
Dean is a senior executive with twenty five years of experience in the financial and banking industry. Dean’s list of accomplishments in banking include: CEO, President, Senior Vice President, and Cashier in both Florida and Texas. Dean has a degree from Florida State University and the Graduate School of Banking from Louisiana State University.

About Independent Bank of Texas
Independent Bank of Texas is one of the newest, most exciting financial partners in the Metroplex. IBT is a community bank founded in 2003 by a group of Texas bankers with over 100 years of banking experience. IBT offers a level of financial products and personal service unequaled in the Dallas/Fort Worth banking market. We are committed to making your banking experience truly enjoyable, and we hope that you will allow us the pleasure of serving you. For more information please visit our website at www.ibankoftexas.com.

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