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Friday, September 1, 2000

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Bancorp, Inc. Announces Third Quarter Dividend

Lakeville, Connecticut,  September 1, 2000/PRNewswire/-The Board of Directors of
Salisbury  Bancorp,  Inc.  (AMEX:SAL),  the parent company of Salisbury Bank and
Trust  Company,  declared a $0.13 per share  quarterly  cash  dividend  at their
August 31, 2000 meeting.  Dividends year to date for 2000 total $0.39 per common
share.  This  represents  an  increase of $0.03 or 8.3% over the $0.36 per share
dividends  paid during the same period of 1999. The quarterly cash dividend will
be paid on October 27, 2000 to shareholders of record as of September 29, 2000.

Salisbury  Bancorp's sole  subsidiary,  Salisbury  Bank and Trust Company,  is a
community  bank with  assets in excess of $200  million and capital in excess of
$20 million,  which has served the communities of  Northwestern  Connecticut and
proximate communities in New York and Massachusetts for approximately 150 years.
The bank has a full  service  Trust  Department  and offers  commercial  banking
products  and  services  through  three  full  service  offices  in the Towns of
Lakeville, Salisbury and Sharon, Connecticut.