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SunTrust Announces Quarterly Dividend

PRNewswire
ATLANTA
Nov 13, 2001

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.40 per common share. The dividend is payable on December 14, 2001, to shareholders of record at the close of business on November 30, 2001. The indicated annual cash dividend is $1.60 per common share.

SunTrust Banks, Inc., based in Atlanta, Georgia, is the nation's 9th largest commercial banking organization. The Company provides a wide range of services to meet the financial needs of its growing customer base in Alabama, Florida, Georgia, Maryland, Tennessee, Virginia, and the District of Columbia. Its primary businesses include traditional deposit and credit services as well as trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage and investment services. SunTrust's Internet address is http://www.suntrust.com/ .

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SOURCE: SunTrust Banks, Inc.

Contact: investors, Gary Peacock, +1-404-658-4879, or media, Barry Koling,
+1-404-230-5268, both of SunTrust


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