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Press Release - First State Bancorporation (FSNM-NASDAQ)

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“We believe that we have a unique franchise that operates in four states that have great growth trends and generally very solid economic conditions. We have proven that our business model is simple, yet very effective. We think we can continue to grow profitably and provide the kind of long term return that our shareholders expect. The growth potential for us now is not going to come just from New Mexico as it did in the past, but from the markets in Colorado, Utah and Arizona, which are huge...” (FSNM) - H. Patrick Dee (Interview published May 25, 2007)

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First State Bancorporation to Host Second Quarter 2008 Conference Call

ALBUQUERQUE, N.M.--(BUSINESS WIRE)--June 30, 2008

First State Bancorporation (NASDAQ: FSNM) today announced it will release its second quarter 2008 earnings on Thursday, July 24, 2008, before the market opens and will hold its second quarter conference call via the Internet on Thursday, July 24, 2008, at 8:00 a.m. Mountain Time, 10:00 a.m. Eastern Time.

To listen to the call and view the slide presentation, visit www.fcbnm.com, Investor Relations.

The conference call will be available for replay beginning July 24, 2008, through August 3, 2008, at www.fcbnm.com, Investor Relations.

Anyone unable to participate on the website should contact Valerie Pagliaro at 505-241-7388 for additional information.

First State Bancorporation is a New Mexico based commercial bank holding company that provides services to customers through its wholly owned subsidiary First Community Bank from a total of 61 branches located in New Mexico, Colorado, Utah and Arizona. On Monday, June 30, 2008, First State's stock closed at $5.50 per share.

Source: First State Bancorporation

Contact: First State Bancorporation, Albuquerque
H. Patrick Dee, 505-241-7102
Christopher C. Spencer, 505-241-7154

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