Monday, April 30, 2007

Company Press Release

Source: Salisbury Bancorp, Inc.

Salisbury Contact: John F. Perotti - Chairman & CEO
860-435-9801 or jp@salisburybank.com
                --------------------

FOR IMMEDIATE RELEASE


SALISBURY BANCORP, INC. ANNOUNCES FIRST QUARTER EARNINGS

Lakeville,  Connecticut,  April 30,  2007/PRNewswire....Salisbury  Bancorp, Inc.
(the  "Company"),  (AMEX:SAL)  the holding  company for Salisbury Bank and Trust
Company  announced  today that net income for the first  quarter of 2007 totaled
$934,243 which represents  earnings per average share  outstanding of $.55. This
compares to net income of $1,146,922 or $.68 per average share  outstanding  for
the first  quarter of 2006.  Net loans  outstanding  at March 31,  2007  totaled
$246,052,740. This represents an increase of $27,543,258 or 12.61% when compared
to net loans  outstanding of  $218,509,482 at March 31, 2006. The Bank continues
to monitor the quality of the loan  portfolio  to ensure that loan  quality will
not be sacrificed for growth or otherwise  compromise the Company's  objectives.
It is important to note that the portfolio does not include any sub-prime loans.
Deposits totaled  $305,017,112 at March 31, 2007 which represents an increase of
$15,335,171  or 5.29% when compared to total deposits of  $289,681,941  at March
31, 2006. The Trust and Investment  Services division continues to grow in total
assets and accounts  under  management.  This  increase  has  produced  revenues
totaling  $530,000 for the first quarter of 2007. This is an increase of $45,000
or 9.3% when  compared to revenues  of $485,000  for the first  quarter of 2006.
Overall, as our core business continues to strengthen,  we remain confident that
the Bank is well  positioned  to meet its  goals and  objectives  that have been
established to enhance long-term  shareholder  value. We are encouraged by these
accomplishments  and believe  that the results of the first  quarter are a solid
performance in a very challenging interest rate environment.

                                      -3-
<page>

                                            Quarter Ended
                                              March 31,
                                          2007          2006
                                             (unaudited)

Total interest and dividend
   income                              $6,437,016   $5,460,218
Total interest expense                  3,070,603    2,166,532
Net interest and dividend
  income                                3,366,413    3,293,686
Trust/Investment services income          530,000      485,000
Gains on sales of available-for-sale
   securities, net                        117,064       74,367
Other noninterest income                  477,327      466,454
Other noninterest expense               3,319,467    2,837,368
Income before income taxes              1,171,337    1,482,139
Income tax expense                        237,094      335,217
Net income                             $  934,243   $1,146,922
Earnings per average outstanding
   share                               $      .55   $      .68


Previously,  the Directors of Salisbury  Bancorp,  Inc. declared a first quarter
dividend of $.27 per common share outstanding. This compares to a $.26 per share
cash dividend that was declared  during the first quarter of 2006.  The $.27 per
share  dividend  is payable on April 30,  2007 to  shareholders  of record as of
March 30, 2007.

Salisbury Bancorp, Inc.'s sole subsidiary,  Salisbury Bank and Trust Company, is
a Connecticut  chartered  commercial  bank.  The Company has assets in excess of
$430 million and capital in excess of $44 million and serves the  communities of
northwestern Connecticut and proximate communities in New York and Massachusetts
which it has done for approximately 150 years.  Salisbury Bank and Trust Company
is headquartered in Lakeville, Connecticut and operates full service branches in
Canaan,  Salisbury  and  Sharon  as well as  Lakeville,  Connecticut  and  South
Egremont and  Sheffield,  Massachusetts.  The Bank offers a full  complement  of
consumer  and  business  banking  products  and  services  as well as trust  and
investment services.

Statements  contained in this news release contain  forward  looking  statements
within the  meaning of the  Private  Securities  Litigation  Reform Act of 1995.
These statements are based on the beliefs and expectations of management as well
as the assumptions  made using  information  currently  available to management.
Since these statements reflect the views of management concerning future events,
these statements involve risks,  uncertainties and assumptions,  including among
others:  changes in market  interest  rates and  general and  regional  economic
conditions; changes in government regulations; changes in accounting principles;
and the quality or composition  of the loan and investment  portfolios and other
factors that may be described in the  Company's  quarterly  reports on Form 10-Q
and its annual report on Form 10-K,  each filed with the Securities and Exchange
Commission,  which are  available at the  Securities  and Exchange  Commission's
internet website (www.sec.gov) and to which reference is hereby made. Therefore,
actual future  results may differ  significantly  from results  discussed in the
forward looking statements.


                                      -4-