Dividend Reinvestment Plan

At your request prior to dividend payment time, you can conveniently increase your Southwest Georgia Financial Corporation holdings at no cost by automatically reinvesting your dividends in additional shares of Southwest Georgia Financial Corporation stock through American Stock Transfer & Trust Company.

Even if your dividend is not enough to buy a whole share of Southwest Georgia Financial Corporation stock, you will be credited with a fractional share computed to three decimal places. Fractional shares start earning dividends toward the next dividend payment the same way full shares do.

No Administration Fees Or Broker Fees

You will save on broker commissions. Since there is no extra charge to you for commissions or trust service charges for purchases, the entire dollar amount of your dividend will be invested. All costs are paid by Southwest Georgia Financial Corporation when shares or fractions of shares are purchased through the Plan.

Voluntary Cash Investments

Under the Plan, you have the option of adding to your investment with voluntary cash payments. After your first dividend has been invested, you can send amounts from $5 to $5,000 per month. Payments can be made at any time, as often as you like.

Simplified Record Keeping

You will receive a detailed statement showing your total dividend received, the number of shares purchased, and total shares held in the Plan after each investment.

Administrator

The Plan is administered by American Stock Transfer & Trust Company, Transfer Agent for Southwest Georgia Financial Corporation. Once you have enrolled in the Plan, you do not need to take any further action unless you opt to send additional voluntary cash investments. American Stock Transfer & Trust Company will handle the details of each transaction.

How To Participate

If you wish to reinvest your dividends automatically or make additional cash investments in Southwest Georgia Financial Corporation stock, simply complete the enclosed enrollment card and mail it to American Stock Transfer & Trust Company. Send all communications to the following address:

American Stock Transfer & Trust Company
40 Wall Street
New York, NY 10005
(Telephone: 1-800-278-4353)

Please print this brochure for your records. If you join the Plan now, you may find it a handy reference whenever you have questions. All correspondence for or questions about the Plan should be sent to American Stock Transfer & Trust Company at the above address and should include a reference to Southwest Georgia Financial Corporation.

Additional Services

If you wish, American Stock Transfer & Trust Company will hold for safekeeping any Southwest Georgia Financial Corporation stock certificates that you may already have, by depositing them into your Plan account. If you are interested, please write to or call American Stock Transfer & Trust Company for details. There is no charge for such deposit, and by making such deposit, you will be relieved of the responsibility of loss, theft or destruction of the stock certificate.

Because you bear the risk of loss in sending Common Stock certificates to American Stock Transfer & Trust Company, it is recommended that certificates be sent by registered mail, return receipt requested, and properly insured. Certificates should not be endorsed, but must be accompanied by written instructions directing American Stock Transfer & Trust Company to hold the certificates for you. Whenever certificates are issued to you, either upon request or upon termination of participation, differently numbered certificates will be transmitted to you.

Termination

No permanent commitment is required. You may withdraw full shares from your account at any time, and you can terminate your participation in the Plan by writing to American Stock Transfer & Trust Company. If you terminate, stock certificates will be issued in your name; if you so direct, your shares will be sold for you at the current market price, and the proceeds will be sent to you after deducting any applicable service charge and a brokerage commission. At the time of termination, any fractional shares will be converted to cash based upon the current market price. A check for the proceeds will be sent to you.