Compass Bancshares Fourth Quarter and Full-Year 2004 Results Conferenc

    Business Editors

    BIRMINGHAM, Ala.--(BUSINESS WIRE)--Jan. 3, 2005--Compass Bancshares, Inc., (Nasdaq: CBSS) today announced that D. Paul Jones, Jr., chairman and chief executive officer, and Garrett R. Hegel, chief financial officer, will host a conference call to discuss fourth quarter and full-year 2004 results at 2:00 p.m. CDT on Thursday, January 20, 2005. Additional material information, including forward-looking information such as considerations regarding future results, may be discussed during the presentation. Interested parties may access the call via either the Internet or telephone. Internet access to the call and to the supporting slide presentation will be available through Compass' web site www.compassweb.com. Click on the link labeled "Compass Bancshares Quarterly Conference Call" to access the webcast and slide presentation. For telephone access, dial 1-888-543-2107, passcode Compass. Telephone participants are requested to dial in 10 minutes prior to the start of the call to allow time for all participants to log in.
    A replay of the conference call will be available through Compass' web site and by telephone at 1-800-642-1687 (conference ID 3046171) until midnight on January 27, 2005.
    Compass Bancshares, Inc. is a $28 billion Southwestern financial holding company which operates 376 full-service banking offices including 136 in Texas, 89 in Alabama, 71 in Arizona, 42 in Florida, 28 in Colorado and 10 in New Mexico. Compass is among the top 30 U.S. bank holding companies by asset size and ranks among the top earners of its size based on return on equity. The company's earnings per share have increased for 16 consecutive years and dividends per share have increased for 23 consecutive years. Shares of Compass' common stock are traded through the Nasdaq stock market under the symbol CBSS. Additional information about Compass, a member of the S&P 500 Index, can be found at www.compassweb.com.
    "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995
    In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Compass Bancshares, Inc. notes that any statements in this press release, and elsewhere, that are not historical facts are "forward-looking statements" that involve risks and uncertainties that may cause the Company's actual results of operations to differ materially from expected results. For a discussion of such risks and uncertainties, see the Company's Annual Report on Form 10-K for the most recently ended fiscal year as well as its other filings with the U.S. Securities and Exchange Commission.

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CONTACT: Compass Bancshares Inc., Birmingham Ed Bilek, 205-297-3331 Web Site: www.compassweb.com

KEYWORD: ALABAMA INDUSTRY KEYWORD: BANKING EARNINGS CONFERENCE CALLS SOURCE: Compass Bancshares, Inc.

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