EX-99

EXHIBIT 99.2



                        American National Bankshares Inc.
                               President's Message
                              Shareholders' Meeting
                                 April 27, 2004


     It is my pleasure to welcome you to this annual meeting. I appreciate
your attendance. I call to your attention to my message to the shareholders
contained in the summary annual report which you have received. We have again
used the format of the more detailed proxy/10K and the more reader friendly
summary annual report. I will not repeat all of the information contained in my
message in the summary annual report - I hope you have or will read it;
furthermore I commend to you the pages following my message and which talk about
our various market areas. I will, however, hit some of the highlights for 2003,
update you for the first quarter of 2004 and give you some late breaking news.
     We were pleased that, in 2003, we had record earnings for the ninth
consecutive year. This was a challenge because, as you know, interest rates hit
lows not seen since the 1950's and economic growth, nationally and regionally,
remained sluggish. Nonetheless, we had net income exceeding nine and one/half
million dollars. Diluted earnings per share rose from $1.62 in 2002 to $1.65 in
2003.
     This success, I believe, is the result of exceeding the expectations of
our customers. This month, we celebrated our 95th birthday as a community bank.
Since 1909, we have grown in size and profitability by building and maintaining
relationships with our customers. We have done this by identifying their
changing needs and by not just meeting their expectations, but by exceeding
those expectations.
     I have learned that "people bank with people". We have been successful
because of the people who work for American National. It is they who have built
and maintained these relationships with our customers. It is they who have
identified their changing needs and it is they who have exceeded the customers'
expectations. For this, I salute them. They make the difference.
     We continue to grow. At December 31, our assets were $644 million, up
$38 million from the prior yearend. We had significant deposit growth. While our



loan growth was flat for the year (due to significant paydowns in out-of-market
participation loans), we experienced in-market loan growth in both our
Martinsville/Henry County and South Boston/Halifax market areas.
     Our return on average assets and our return on average equity continued
to be strong. We have continued to focus on watching our expenses - resulting in
our efficiency ratio remaining below 50% (that is extremely good).
     We remain committed to strong credit quality. We are focused on
containing the growth in non-performing loans, which rose above their historical
averages. During 2003, we made significant investments in the credit risk
management area which, we believe, will pay strong dividends in the future and
position us for growth.
     What about this year? Last week we announced record first quarter
earnings of $2.47 million - up 5.8% over the first quarter of 2003. Earnings per
share were $0.43, up from $0.40 in the first quarter of last year. We are very
pleased with our growth in our non-interest income for the quarter. Our Trust
and Investment Services Division experienced strong growth, especially in the
Martinsville/Henry County area where we recently added a new Trust Officer,
Lorrie Teegen.
     As you know, we have been on the Russell 2000 index for the past 2
years. This index is determined by market capitalization. There has been
discussion as to whether we, and other companies of similar size, will continue
on the Russell or will be replaced by companies whose market capitalization has
grown recently. We read (as you do) articles which say we might be taken off or
we might remain on the Russell. We have no control over this matter. I will tell
you that, whether we are on the Russell or not, we will continue on the NASDAQ
National Market (with liquidity which has been increasing) and I believe we
remain a strong performer with good earnings, high dividends and a positive
future.
     Earlier this year, we announced through presentations to an investor
conference and subsequent news articles, that we have a strategy of growth and
expansion to provide us with the opportunities to diversify into compatible
growth markets. It is my pleasure to announce today our first step in this
growth and expansion plan. We are opening a loan production office in
Greensboro. Charles Judy, a young lender who resides in Greensboro and who has
significant lending experience there with a regional bank, has joined us as a
Vice President to open this office. Our strategy is to develop a presence in the



North Carolina Triad region through commercial and real estate lending. We
believe that this is a tremendous opportunity for the bank to successfully move
into this nearby growth market. It is my pleasure to introduce Charles Judy to
you.
     Yount, Hyde and Barbour serves as our independent auditing firm. We are
pleased to have Kim Belcher, the partner responsible for our audit, present
today. She is welcome to make any comments to you - she has indicated that she
has no prepared comments to make, but she is available to answer questions.
     As I said earlier, people bank with people and this organization is
built on our fine employees. A number of them are here today, I will not
recognize all of them, but I would like to introduce our senior officers - they
represent the 200+ great people who are American National.
     Budge Kent - Executive Vice President and Chief Trust & Investment Officer
     Dexter Gilliam - Senior Vice President, Chief Banking Officer and Senior
Trust Officer
     Jeff Haley - Senior Vice President and Chief Administrative Officer
     Helm Dobbins - Senior Vice President and Chief Credit Officer
     As you probably are aware, Brad Schwartz, our Chief Financial Officer,
is leaving this month to accept an opportunity to become the number 2 person in
a bank in Tidewater Virginia. He has done a fine job for us and we wish him
well. We expect to have an announcement about his successor in the near future.
     We have a strong and effective Board of Directors. I would like to ask
the directors to stand and be recognized. I thank them for their guidance. They
do an excellent job of representing you.
     We have many challenges and opportunities facing us, but we look
forward to a bright and successful future. We have great employees, we have a
strong past, we have relationships with wonderful customers, we have new and
exciting market opportunities and we have supportive shareholders. We appreciate
your continued support.
     If there are questions at this time, I would be happy to answer them.
If, at any time, you wish to talk with me about the direction in which we are
moving, I will be happy to talk with you.
     Are there any questions?

8-K

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

                        Date of Report: April 27, 2004
                                        --------------


                         Commission file number 0-12820
                                                -------


                        AMERICAN NATIONAL BANKSHARES INC.
                        ---------------------------------
             (Exact name of registrant as specified in its charter)

             VIRGINIA                                     54-1284688
     --------------------------------                 --------------------
     (State or other jurisdiction of                  (I.R.S. Employer
      incorporation or organization)                   Identification No.)

            628 Main Street
            Danville, Virginia                               24541
     ----------------------------------------         --------------------
     (Address of principal executive offices)             (Zip Code)

                                 (434) 792-5111
              ----------------------------------------------------
              (Registrant's telephone number, including area code)


Item 5.  Other Events

At its annual shareholders meeting today, American National Bankshares Inc.
announced its plans to open a loan production office in Greensboro, North
Carolina.  Charles E. Judy, Jr., a resident of Greensboro, has joined American
National Bank as a Vice President.  The President's message by Charles H.
Majors, Jr. to shareholder's at the annual meeting is also included as exhibit
99.2.

Exhibits

99.1  News Release

99.2  President's Message at Annual Shareholder's Meeting

- --------------------------------------------------------------------------------


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                       AMERICAN NATIONAL BANKSHARES INC.
                                       ---------------------------------
                                                 (Registrant)


Date - April 27, 2004                  By:  /s/ Charles H. Majors
                                       --------------------------
                                       President & CEO

EX-99

EXHIBIT 99.1


April 27, 2004

FOR IMMEDIATE RELEASE

Contact:  Charles H. Majors - (434) 773-2219



          AMERICAN NATIONAL ANNOUNCES EXPANSION INTO GREENSBORO MARKET
                         AT ANNUAL SHAREHOLDERS MEETING


DANVILLE, Va., April 27, 2004 / PRNewswire-FirstCall/ -- At its annual
shareholders meeting today, American National Bankshares Inc. (NASDAQ: AMNB)
announced its expansion into Greensboro, North Carolina. As a part of the
corporation's previously announced plan for growth and expansion, Charles E.
Judy, Jr., a resident of Greensboro, has joined American National Bank and Trust
Company as a Vice President to open a loan production office there.

     Charles H. Majors, President and Chief Executive Officer stated, "We
are pleased to have Charles join the American National family. Our strategy is
to develop a presence in the North Carolina Triad region through commercial and
real estate lending. We believe that adding this experienced lender is a
tremendous opportunity for the bank to successfully move into this nearby growth
market."

     Also today, shareholders elected Fred A. Blair, E. Budge Kent, Jr., Fred B.
Leggett, Jr. and Claude B. Owen, Jr. to new three year terms as directors of
American National Bankshares Inc.  The directors who remain in office are Bill
Barker, Jr., Richard G. Barkhouser, Ben J. Davenport, Jr., H. Dan Davis, Michael
P. Haley, Lester A. Hudson, Jr., Franklin W. Maddux and Charles H. Majors.

     American National Bankshares Inc. is the holding company of American
National Bank and Trust Company, a community bank with fourteen offices in
Danville, Chatham, Collinsville, Gretna, Martinsville, Henry County, and South
Boston, Virginia, and Yanceyville, North Carolina. Services are also provided
through twenty ATMs, "AmeriLink" internet banking, and our 24-hour "Access
American" phone banking. Banking subsidiaries include ANB Mortgage Corp.
(secondary mortgage origination), ANB Investor Services (retail brokerage) and
ANB Insurance Services (full-service insurance agency).  Additional information
is available on our website at www.amnb.com.



     This release contains forward-looking statements within the meaning of
and pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. A forward-looking statement encompasses any estimate,
prediction, opinion or statement of belief contained in this release and the
underlying management assumptions. Forward-looking statements are based on
current expectations and assessments of potential developments affecting market
conditions, interest rates and other economic conditions, and results may
ultimately vary from the statements made in this release.