This paper explores the relationship between the spectra of perturbed infinite banded Laurent matrices L(a)+K and their approximations by perturbed circulant matrices Cn(a)+PnKPn for large n. The entries Kjk of the perturbation matrices assume values in prescribed sets Ωjk at the sites (j,k) of a fixed set E, and are zero at the sites (j,k) outside E. With KΩE denoting the ensemble of these perturbation matrices, it is shown that \ud
\displaystyle\lim_{n\to\infty} \ud
\displaystyle\bigcup_{K\in{\cal K}_{\Omega}^{E}}\ud
sp(C_{n}(a)+P_{n}KP_{n})=\ud
\displaystyle\bigcup_{K\in{\cal K}_{\Omega}^{E}}\ud
sp(L(a)=K)\ud
under several fairly general assumptions on E and Ω