- Tracy Johnson, Sharon Lamb Raynor, Dr. Sidney Thompson, and Ann Thornton have been named to the Board of Directors of New Century Bancorp. DUNN, N.C., May 19 /PRNewswire-FirstCall/ -- At its annual shareholders meeting held today, New Century Bancorp (Nasdaq: NCBC - "the Company") named four new members to the corporate board of directors, announced William L. Hedgepeth II, president and CEO of both New Century Bancorp and New Century Bank. The newly elected board members are: Tracy Johnson, Sharon Lamb Raynor, Dr. Sidney Thompson, and Ann Thorton. This brings the total number of corporate board members to 19. "I am honored to welcome these individuals to our corporate board," said Hedgepeth. "They bring a great deal of leadership experience, as well as knowledge of our Company, having served on the New Century Bank or New Century Bank South boards in the past. I look forward to their input and participation." Tracy Johnson, elected to serve a two-year term, is president and co-owner of Ace Services, Inc.; vice president and co-owner of Contech, Inc.; president and co-owner of Universal Management Group; and a co-owner of J&J Property Developers, LLC. A native and current resident of Dunn, he is a graduate of North Carolina State University in Raleigh, NC. Sharon Lamb Raynor, elected to serve a three-year term, is president of LIFE, Inc., a behavioral health care center in Goldsboro, North Carolina. A graduate of East Carolina University and a resident of Dunn, Raynor is active in the community, serving on the Dunn Schools Advisory Board and with the American Association on Intellectual and Developmental Disabilities. She serves on the Betsy Johnson Regional Hospital Foundation, Friends of the Foundation Fighting Cancer Fundraising Planning Committee, and is a member of Divine Street United Methodist Church and the Lucknow Garden Club. Dr. Sidney Thompson, elected to serve a two-year term, is the owner of Ravenhill Dermatology Medical Clinic, Ravenhill Medical DaySpa, Blue Moon Cafe, and Fabulous Finds Boutique--all in Fayetteville, North Carolina, as well as Ft. Bragg Medical Spa in Fort Bragg, North Carolina. He is a graduate of Northwestern University Medical School in Chicago, Illinois, and is a member of the American Academy of Dermatology. Ann H. Thornton, elected to serve a one-year term, is co-owner of North Elm Shopping Center, Hedgpeth Storage, and Celan Farms in Lumberton, North Carolina. She is the owner of Brightleaf of Sampson, as well as owner of A.G. Thornton Investments and Thornton Ventures in Clinton, North Carolina. She is a graduate of Wake Forest University and active on the Sampson Regional Hospital Foundation Board, the Clinton Committee of 100, the Clinton Development Corporation, and is a Methodist University Trustee. New Century Bancorp, the holding company for New Century Bank, reported total assets of $628.7 million as of March 31, 2009. New Century Bank is headquartered in Dunn and has 10 branch offices in North Carolina: Dunn, Clinton (2), Fayetteville (2), Goldsboro, Lillington, Lumberton, Pembroke, and Raeford. Stock Symbol: Nasdaq: NCBC The information as of and for the quarter and nine months ended March 31, 2009, as presented is unaudited. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, (i) statements regarding certain of our goals and expectations with respect to earnings, earnings per share, revenue, expenses and the growth rate in such items, as well as other measures of economic performance, including statements relating to estimates of credit quality trends, and (ii) statements preceded by, followed by or that include the words "may," "could," "should," "would," "believe," "anticipate," "estimate," "expect," "intend," "plan," "projects," "outlook" or similar expressions. The actual results might differ materially from those projected in the forward-looking statements for various reasons, including, but not limited to, our ability to manage growth, our limited operating history, substantial changes in financial markets, regulatory changes, changes in interest rates, loss of deposits and loan demand to other savings and financial institutions, and changes in real estate values and the real estate market. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Company's SEC filings, including its periodic reports under the Securities Exchange Act of 1934, as amended, copies of which are available upon request from the Company. http://www.newcenturybanknc.com/ DATASOURCE: New Century Bancorp CONTACT: William L. Hedgepeth II, President and Chief Executive Officer, +1-910-892-7080, , or Lisa F. Campbell, Executive Vice President, Chief Operating Officer and Chief Financial Officer, +1-910-892-7080, Web Site: http://www.newcenturybanknc.com/

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