Attached files

Exhibit 99.1

February 21, 2013

Press Release

Kentucky Bank Parent Announces Dividend

Paris, Kentucky - Kentucky Bancshares, Inc., parent holding company for
Kentucky Bank, announced today the quarterly dividend to shareholders.
The payout will be 24 cents per share, up from 23 cents for the
previous quarter.  This payment will be made March 29 to shareholders
of record March 20, 2013.

With our reaching both record earnings and record assets for the year
ended December 31st, 2012, our Board of Directors is pleased to be able
to reward our shareholders appropriately for their confidence in
Kentucky Bancshares, Inc., states Louis Prichard, President and Chief
Executive Officer.

Kentucky Bank is headquartered in Paris and also has offices in
Cynthiana, Georgetown, Morehead, Nicholasville, Sandy Hook, Versailles,
Wilmore, and Winchester.  It ranks 16th in size among the 174 banks
headquartered in the Commonwealth of Kentucky.  Shares of the parent
holding company trade over the counter and are reported on the OTC
Bulletin Board.  The symbol is KTYB.

Contact:  Gregory J. Dawson
          Chief Financial Officer