NBC Capital Corporation Shareholders Approve Amendments to Articles of Incorporation

Business Wire, June 15, 2005

STARKVILLE, Miss. -- NBC Capital Corporation (AMEX: NBY), the holding company for National Bank of Commerce, announced that shareholders approved two proposed amendments to the Corporation's Articles of Incorporation and elected 21 directors at its annual meeting held yesterday.

NBC shareholders approved amendments that eliminate preemptive rights and cumulative voting rights. Over 75% of shareholders approved the changes to NBC's Articles of Incorporation.

"NBC's Board of Directors remains focused on building shareholder value," stated Lewis F. Mallory, Jr., chairman and chief executive officer of NBC Capital Corporation. "Our earnings were up in the first quarter and we are optimistic about improved earnings for the remainder of 2005. We remain focused on our strategic plan that includes growing our footprint by launching a de novo bank this year and opportunities to build NBC's earnings assets."

Shareholders elected the following directors of NBC Capital Corporation to serve until the 2006 annual meeting:

Mark A. Abernathy         President and Chief Operating Officer,
                          National Bank of Commerce and the
                          Corporation

David Byars               President, Byars Furniture and David Byars
                          Properties

Robert S. Caldwell, Jr.   President, Caldwell Furniture and Properties
                          and Brownwell Realty and Realtor through
                          Swoope Realty

Robert L. Calvert, III    President, Calvert Spalding Engineers, Inc.

Robert A. Cunningham      Managing Partner, Valley Farm, a farming,
                          timber and gravel business

J. Nutie Dowdle           President, Dowdle Butane Gas Co., Inc. and
                          Wholesale LP Gas Co.

Gregory M. Duckett        Senior Vice President and Corporate Counsel,
                          Baptist Memorial Health Care

James C. Galloway, Jr.    President, Galloway-Chandler-McKinney
                          Insurance Agency, Inc.

Hunter M. Gholson         Partner, Gholson, Hicks & Nichols

James D. Graham           President, Grayco, Inc., a commercial real
                          estate company

Bobby L. Harper           President, Columbus Region, National Bank of
                          Commerce and Chairman of the Executive
                          Committee of the Corporation

Clifton S. Hunt           President, Standard Construction Company,
                          Inc.

Robert S. Jones           Retired auto dealer

Dan R. Lee                Chairman, President and CEO, Microtek
                          Medical Holdings, Inc., a manufacturer and
                          distributor of medical products

Lewis F. Mallory, Jr.     Chairman and Chief Executive Officer,
                          National Bank of Commerce and the
                          Corporation

Thomas J. Prince, Jr.     Executive Vice President, Division Manager
                          of Consumer Financial Services, National
                          Bank of Commerce and Vice President of the
                          Corporation

Allen B. Puckett, III     President and CEO, Columbus Brick
                          Corporation

Dr. James C. Ratcliff     Retired Physician

Sammy J. Smith            President, Smith & Byars Men's Clothing

H. Stokes Smith           National Sales Manager, The Westmount
                          Corporation, a manufacturing company

Henry S. Weiss            President, Industrial Fabricator, Inc., a
                          manufacturer of fabricated steel products

About NBC Capital Corporation

NBC Capital Corporation is a financial holding company providing full financial services, including banking, trust services, mortgage services, insurance and investment products. NBC has offices in east Mississippi, Memphis, Tennessee and Tuscaloosa, Alabama. NBC's stock is listed on the American Stock Exchange under the ticker symbol of NBY.