Home Bancshares Reports Approval for Merger with Liberty Bancshares

Home BancShares, Inc.

("Home" or "the Company"), parent company of Centennial Bank today announced it has received approval from the Federal Reserve Board and the Arkansas State Bank Board of its applications for the previously announced merger with Liberty Bancshares, Inc. ("Liberty") Additionally, Home has gone effective with its Form S-4 registration statement filed with the Securities and Exchange Commission. The boards of both, Home and Liberty met on Friday, August 30^th to approve additional steps for the transaction to proceed since both boards had previously given their approvals for merger. The record date is set for September 26^th for shareholders to be eligible to vote.