Treasury Capital Purchase Program

FRANKLIN, IN -- (MARKET WIRE) -- 02/10/12 -- Heartland Bancshares, Inc. (OTCBB: HRTB) today announced that it had agreed to be acquired by Horizon Bancorp, an Indiana-based community banking company (NASDAQ: HBNC) in a stock-for-stock merger transaction. Subject to satisfaction of the terms and conditions of the merger agreement, Heartland expects that the transaction will close in the second quarter of 2012. Under the merger agreement, Horizon has agreed to issue to Heartland's shareholders Horizon common stock at the exchange ratio of 0.54 shares (subject to adjustment) of Horizon common stock for every share of Heartland common stock that is outstanding at the time of effectiveness of the merger. Based upon the closing price of Horizon's common stock of $18.00 on February 8, 2012, the indicated value of the transaction to Heartland's shareholders as of that date was approximately $9.72 per share, which represented a 155 percent premium to the closing ...