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FORM OF PROXY FOR SPECIAL MEETING OF
SHAREHOLDERS OF FSB BANCORP, INC.
1. To approve the Agreement and Plan of Merger, dated as of April 7, 2000 (the
"Merger Agreement"), by and between FSB and IBT Bancorp, Inc. ("IBT")
pursuant to which, among other things, FSB will merge with and into IBT (the
"Merger") upon the terms and subject to the conditions set forth in the
Merger Agreement, a copy of which is included as Appendix A in the
accompanying Proxy Statement-Prospectus; and to authorize such further action
by the Board of Directors and officers of FSB as may be necessary or
appropriate to carry out the intent and purposes of the Merger.
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<S> <C> <C>
[ ] FOR [ ] AGAINST [ ] ABSTAIN
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2. In the discretion of the persons appointed proxies hereby to vote on such
other matters as may properly come before the special meeting.
SHARES REPRESENTED BY THIS PROXY WILL BE VOTED AS DIRECTED BY THE
SHAREHOLDER. THE BOARD OF DIRECTORS RECOMMENDS A VOTE "FOR" PROPOSAL 1. IF NO
DIRECTION IS SUPPLIED, THE PROXY WILL BE VOTED "FOR" PROPOSAL 1.
(Continued and to be signed on other side)
(Continued from other side)
THE UNDERSIGNED HEREBY APPOINTS LARRY SENABAUGH AND HERBERT WYBENGA, OR
EITHER OF THEM, AS PROXIES TO VOTE ALL SHARES OF COMMON STOCK THE UNDERSIGNED IS
ENTITLED TO VOTE AT THE SPECIAL MEETING OF SHAREHOLDERS OF FSB BANCORP, INC.
("FSB") TO BE HELD ON WEDNESDAY, AUGUST 2, 2000, OR AT ANY ADJOURNMENT OR
POSTPONEMENT THEREOF, AS FOLLOWS, HEREBY REVOKING ANY PROXY PREVIOUSLY GIVEN:
Dated: ----------------, 2000
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(Please sign exactly as name
appears above.)
(If stock is owned by more than
one person, all owners should
sign. Persons signing as
executors administrators,
trustees, or in similar
capacities should so indicate.)
THIS PROXY IS SOLICITED ON
BEHALF OF THE
BOARD OF DIRECTORS OF FSB
BANCORP, INC.
