Bank of Granite Corporation (GRAN)

[56Chevy]

If the merger between Bank of Granite Corp and FNB United were to complete as of today *May 11, 2011 this would be the exchange scenerio:

Buy 1 share of GRAN @ .94 you would get 3.375 shares of FNBN @ .67 each x 3.375 = $2.26 thus realizing a $1.32 gain on each share of GRAN you held.

* The exchange (gain or loss) can only be configured the day the deal is complete. This is for example purposes only. Stock prices the day of the merger completion are no doubt subject to change.