[LOGO]
NEWS RELEASE
Contact: Keith B. Cox
Vice President & Treasurer
NASB Financial, Inc.
12498 South 71 Highway
Grandview, MO 64030
Phone (816) 765-2200
FOR IMMEDIATE RELEASE:
Grandview, Missouri (July 12, 2000) - NASB Financial, Inc. (NASDAQ:
NASB) announced today that it has completed a tender offer for its
common stock. Under the terms of the offer dated June 5, 2000, the
Company invited stockholders to tender up to 387,500 shares of common
stock at a price of $12.50 per share. The offer expired at 5:00 p.m.
Central Time, July 5, 2000, and was not extended.
The actual number of shares tendered in the offer was 517,265,
which was 5.7% of the total shares outstanding. As permitted by
applicable regulations of the Securities and Exchange Commission, the
Company purchased the additional 129,765 shares without amending or
extending the offer. Therefore, no proration of shares was necessary.
As a result of the completion of the offer to purchase, the
Company's outstanding common stock is reduced from 9.0 million shares to
8.5 million shares. The shares purchased became treasury shares and
were not retired.
# # # #
