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First Bancorp Announces Cash Dividend



                    First Bancorp Announces Cash Dividend

PR Newswire

TROY, N.C., Dec. 14, 2012

TROY, N.C., Dec. 14, 2012 /PRNewswire/ -- The Board of Directors of First
Bancorp (NASDAQ: FBNC), the parent company of First Bank, has declared a cash
dividend on its common stock of $0.08 per share payable January 25, 2013 to
shareholders of record as of December 31, 2012.  The $0.08 per share dividend
rate is the same as the rate declared in the comparable period of 2011.

First Bancorp is a bank holding company headquartered in Troy, North Carolina
with total assets of approximately $3.3 billion.  Its principal activity is
the ownership and operation of First Bank, a state-chartered community bank
that operates 98 branches, with 82 branches operating in North Carolina, 9
branches in South Carolina and 7 branches in Virginia, where First Bank does
business as First Bank of Virginia. First Bank also has a loan production
office in Blacksburg, Virginia. First Bancorp's common stock is traded on the
NASDAQ Global Select Market under the symbol "FBNC."

Please visit our website at www.FirstBancorp.com.

SOURCE First Bancorp

Website: http://www.firstbancorp.com
Contact: Elaine Pozarycki, +1-919-834-3090
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