Pinnacle Bancshares Declares $0.11 Per Share Quarterly Cash Dividend

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Wed Aug 27, 2008 6:12pm EDT

JASPER, Ala.--(Business Wire)--
Pinnacle Bancshares, Inc. (OTCBB: PCLB) today announced that its
Board of Directors has approved a quarterly cash dividend of $0.11 per
share. The dividend is payable September 19, 2008 to stockholders of
record on September 8, 2008. The quarterly amount is equivalent to an
annualized rate of $0.44 per share.

Pinnacle Bancshares, Inc.
Robert B. Nolen, Jr., President & CEO, 205-221-4111

Copyright Business Wire 2008
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