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SunTrust Launches STI Classic Mutual Fund Web Site; New Internet Address Enhances Service and Information Availability

Apr 25, 2002

SunTrust Banks, Inc. , announced today that it has launched a specialized Web site for its STI Classic family of mutual funds. The new Internet address is .

The site is designed to enhance service and increase the amount of information available via the Internet on the STI Classic Funds for potential investors, existing shareholders, and brokers and advisors who sell the funds. Earlier this year, the STI Classic Funds were prominently recognized for 2001 by Barron's.

" offers visitors more useful tools, more information, and more engaging interaction that help leverage the advantages of the Internet in serving existing and potential clients on a national basis," said Jeff Vogelbacker, a Managing Director at Trusco Capital Management and Product Manager for the STI Classic Funds. "The new site permits us to efficiently meet the demand for information that has accompanied the funds' significant growth in assets, expanded shareholder base and extended availability."

Previously, information on the Funds was available through SunTrust's primary Internet address at .

Monica Champion, Group Vice President in SunTrust's Internet and eBusiness area which developed the new site, noted that includes added features such as financial planning tools for shareholders and prospective shareholders, plus tools, seminars and sales ideas for investment professionals.

The STI Classic Funds, which were introduced in 1992, now consist of 40 stock, bond and money market mutual funds and have more than $25 billion in assets under management. The funds are managed by Trusco Capital Management, a nationally recognized money management firm and affiliate of SunTrust Banks, Inc., that currently has more than $45 billion in total assets under management.

SunTrust Banks, Inc., headquartered in Atlanta, Georgia, is one of the nation's largest commercial banking organizations. As of March 31, 2002, SunTrust had total assets of $106.2 billion and total deposits of $69.5 billion. The company operates through an extensive distribution network in Alabama, Florida, Georgia, Maryland, Tennessee, Virginia and the District of Columbia and also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the company provides credit cards, mortgage banking, insurance, brokerage and capital markets services.


SOURCE: SunTrust Banks, Inc.

Contact: Hugh Suhr of SunTrust Banks, Inc., +1-404-827-6813