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SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
<TABLE>
<CAPTION>
<S> <C>
Filed by the Registrant |_|
Filed by a Party other than the Registrant |X|
Check the appropriate box:
| | Preliminary Proxy Statement |_| Confidential. For use of the Commission Only
(as permitted by Rule 14a-6(e)(2))
|_| Definitive Proxy Statement
|X| Definitive Additional Materials
| | Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
</TABLE>
Community Bancshares, Inc.
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(Name of Registrant as Specified in Its Charter)
Stockholders for Integrity and Responsibility
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(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)
Payment of Filing Fee (Check the appropriate box):
|X| No fee required.
|_| Fee computed on the table below per Exchange Act Rules 14a-6(i)(1)
and 0-11.
(1) Title of each class of securities to which transaction applies:
- --------------------------------------------------------------------------------
(2) Aggregate number of securities to which transaction applies:
- --------------------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 set forth the amount on which the filing fee
is calculated and state how it was determined):
- --------------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
- --------------------------------------------------------------------------------
(5) Total fee paid:
- --------------------------------------------------------------------------------
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FOR IMMEDIATE RELEASE
PRINTING ERROR CORRECTION
BIRMINGHAM, Ala. (April 16, 1999) The proxy card recently mailed to the
stockholders of Community Bancshares by the Stockholders for Integrity and
Responsibility contains a printing error. The proxy card incorrectly states
that Community Bank's management, instead of the Stockholders for Integrity and
Responsibility, recommends a vote for proposal 6. Corrected proxy cards have
been mailed to all of the stockholders. For stockholders who have voted using
the misprinted card, the Committee will treat it as if the card correctly
stated that the Committee recommends a vote for proposal 6.
The Stockholders for Integrity and Responsibility have offered proposals to
change the bylaws of Community Bancshares, Inc., located in Blountsville. The
stockholders meeting is scheduled for April 22, 1999.
For more information, contact
Mac Logue
595.0239
