2008-09-30 23:28:02 -

- Hilltop Holdings Inc. (NYSE: HTH) today announced that its Board of Directors declared a cash dividend of $0.515625 on each share of its Series A Cumulative Redeemable Preferred Stock. The dividend is payable on October 30, 2008, to shareholders of record on October 15, 2008.

About Hilltop Holdings Inc.

Hilltop Holdings Inc. ("HTH"), is a holding Company that owns NLASCO, a company that specializes in providing fire and homeowners insurance to low value dwellings and manufactured homes primarily in Texas and other areas of the south, southeastern and southwestern United States. NLASCO operates through its wholly-owned subsidiaries, National Lloyds Insurance Company ("NLIC") and American Summit Insurance Company ("ASIC").

Hilltop Holdings Inc.
Larry Willard, 214-855-2177
President and Chief Executive Officer
or
ICR,

LLC
Brad Cohen, 203-682-8211
Brad.cohen@icrinc.com