Our allowance for loan losses at March 31 2009totaled $8

Our allowance for loan losses at March 31, 2009totaled $8.9 million or 2.88% of total loans in preparation for any futurecredit issues that may develop. Net charge-offs against the allowance for loanlosses for the first quarter of 2009 totaled $1.4 million compared to $0.3million in the same quarter in 2008. At March 31, 2009 non-performing assets(loans on non-accrual status ($10.6 million) plus other real estate owned ($13.2million)) were $23.8 million as compared to $6.0 million at March 31, 2008.During the first three months of 2009, $0.8 million of repossessed propertieswere sold at a loss of ($0.01 million). The Bank of Georgia`s liquidity position has improved markedly as the result ofincreases in checking and savings accounts of over $35.2 million during thefirst three months of 2009. In addition, The Bank of Georgia remains "wellcapitalized" in regard to regulatory capital levels. Commenting on the challenging environment in the south-metro Atlanta area, PatShepherd, President and Chief Executive Officer, stated, "While we anticipatesome further deterioration in the second quarter, we are encouraged by positivetrends that are developing and expect to see improvement during the second halfof 2009." Both our common and preferred stocks are available for market quotations on theOver The Counter Bulletin Board (OTCBB) under the symbols "GABA.OB" and"GABAP.OB", respectively. For more information about Georgia Bancshares, Inc., visit our InvestorsRelations website at Based in Peachtree City, GA, Georgia Bancshares, Inc.

is a bank holding companythat provides traditional bank services to small businesses and consumersthrough its subsidiary, The Bank of Georgia. The Bank of Georgia opened forbusiness in February 2000, and has nine locations in Peachtree City,Fayetteville, Newnan, Sharpsburg, Tyrone and Fairburn, Georgia. A full-servicebank, The Bank of Georgia provides a broad array of services, including checkingaccounts, money market accounts, certificates of deposit, commercial loans,construction loans, consumer loans (including home equity lines of credit),residential mortgage loans, credit cards, drive-through windows, ATMs, on-linebanking, and Visa check cards. For more information about The Bank of Georgia,visit Except for the historical information contained herein, the matters discussed inthis press release may be deemed to be forward-looking statements that involverisks and uncertainties, including changes in economic conditions, changes inpolicies by regulatory agencies, fluctuations in interest rates, demand forloans, the level of allowance for loan losses, the rate of delinquencies andamounts of charge-offs, and competition.

Actual strategies and results in futureperiods may differ materially from those currently expected. Theseforward-looking statements represent our judgment as of the date of thisrelease. We undertake no obligation to publicly update or revise anyforward-looking statements, whether as a result of new information, futureevents, or otherwise Georgia Bancshares, Inc. Lynn Gable, 770-631-9488Senior Vice President and CFO Copyright Business Wire 2009. SAO PAULO, May 8 (Reuters) - Citigroup (C.N) raised itsrecommendation for Brazil's stock market to overweight fromneutral because of an improved outlook for local interest ratesand the national currency and a rebound in global economies Stocks  |  Global Markets  |  Brazil The U.S.

firm put Brazil's market as its top pick in LatinAmerica and raised its year-end target for the benchmarkBovespa index .BVSP to 60,000 from 55,000. (Reporting by Elzio Barreto; Editing by James Dalgleish) Stocks Global Markets Brazil. LONDON, UNITED KINGDOM, May 08 (MARKET WIRE) -- African Copper plc ("African Copper") (AIM: ACU)(TSX:ACU)(BOTSWANA:AFRICAN COPPER). African Copper announces that the Companyis continuing its discussions with proposed investors and a furtherannouncement will be made in due course.Contacts:African Copper PlcChris FredericksChief Executive Officer+27 (11) 467 African Copper PlcBrad KippChief Financial Officer(416) 847 Securities LimitedJohn Harrison(Nominated Adviser)+44 (9) 20 7260 1000Numis Securities LimitedJames Black(Corporate Broker)+44 (9) 20 7260 1000Copyright 2009, Market Wire, All rights reserved.-0-. * Falling rents puts potential European price rise on hold France * UK prices to fall 18 pct, rents to drop 11 pct in 2009 * Spain to suffer strongest correction over next two years * French, German markets to see milder repricing than Spain By Daryl Loo LONDON, May 8 (Reuters) - The decline in European commercialproperty capital values is expected to continue well into 2010,dashing hopes that prices will find a bottom in 2009 after atwo-year slide, a Reuters survey showed. [ID:nL81040694] Painful economic downturns in the key European propertymarkets of Britain, France, Germany and Spain will hit occupierdemand and slash rents over the next two years, further dimmingprospects of a quick recovery, respondents said. "I cannot see France, Germany or Spain returning to growthbefore 2011.

Values may well bottom out in the second half of2010, but the problem is going to be falls in rental valuesdragging down capital values," Keith Steventon, head of researchat Atisreal told Reuters. For Britain, whose credit-fuelled property market has faredworse than others in Europe, forecasters expect to see the firstsigns of a recovery later this year, albeit confined mainly tohigher-end properties. Forecasters on average see UK values falling a total of 18percent this year and 3 percent in 2010 -- halving prices fromtheir mid-2007 peak, while average rents are expected to drop by11 percent in 2009 and 8 percent in 2010. "The (UK) transactional market will actually see valuesbottom out in Q4 2009 ...