Article: Four Oaks Fincorp, Inc. Announces Five-for-Four Stock Split.

FOUR OAKS, N.C. -- Four Oaks Fincorp, Inc. (OTCBB: FOFN)...At the regularly scheduled meeting on September 27, 2004, the Board of Directors of Four Oaks Fincorp, Inc. approved a five-for-four split of the Corporation's common stock, which represents a 25% stock dividend.

President and CEO Ayden R. Lee, Jr. stated that "this split serves to express to our shareholders and the investing public our expectations for the continued success of the Company."

Currently, there are approximately 2.7 million shares of common stock outstanding. Following the split, Four Oaks Fincorp, Inc. will have approximately 3.4 million shares of common stock outstanding. The ...

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