MidSouth Bancorp, Inc. increases quarterly dividend for Common Stock

     MidSouth Bancorp, Inc. increases quarterly dividend for Common Stock

Bank holding company also announces regular convertible preferred dividend

PR Newswire

LAFAYETTE, La., May 22, 2013

LAFAYETTE, La., May 22, 2013 /PRNewswire/ --MidSouth Bancorp, Inc.
("MidSouth") (NYSE MKT: MSL) announced that earlier today its Board of
Directors declared a quarterly dividend of $0.08 per common share. The
dividend is a 14% increase over the previous quarter's dividend and will be
paid on July 1, 2013, to all shareholders of record as of the close of
business on June 15, 2013.

(Logo: http://photos.prnewswire.com/prnh/20100125/MIDSOUTHLOGO)

"Today's announcement of a common stock dividend increase reflects the overall
operating and financial strength of the company and our continuing commitment
to return value to our shareholders," said C.R. "Rusty" Cloutier, the bank's
President and Chief Executive Officer. Based on the closing price on May 21,
2013, of $15.02, the dividend amount equates to a 2.13% yield on MidSouth
Bancorp's common stock. With the payment of the July 1 dividend, MidSouth will
have paid consecutive quarterly dividends every year since 1995.

Additionally, the Board of Directors declared a quarterly cash dividend of
1.00% per preferred share on its newly issued 4.00% Non-Cumulative Perpetual
Convertible Preferred Stock, Series C. The dividend is payable on July 15,
2013, to shareholders of record on July 1, 2013.

About MidSouth Bancorp, Inc.

MidSouth Bancorp, Inc. is a financial holding company headquartered in
Lafayette, Louisiana, with assets of $1.9 billion as of March 31, 2013.
Through its wholly owned subsidiary, MidSouth Bank, N.A., MidSouth offers a
full range of banking services to commercial and retail customers in Louisiana
and Texas. MidSouth Bank currently has 60 banking centers in Louisiana and
Texas and is connected to a worldwide ATM network that provides customers with
access to more than 50,000 surcharge-free ATMs. Additional corporate
information is available at www.midsouthbank.com. 

SOURCE MidSouth Bancorp, Inc.

Website: https://www.midsouthbank.com
Contact: Investor Contacts: Rusty Cloutier, President & CEO or Jim McLemore,
CFA, Sr. EVP & CFO, 337.237.8343
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