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SunTrust Honored by U.S. Department of Labor

Oct 25, 2004

SunTrust Banks, Inc. has been selected by the U.S. Department of Labor to receive its annual New Freedom Initiative Award.

According to the Department of Labor, the award recognizes exemplary and innovative efforts to train, recruit, and hire people with disabilities.

Award recipients this year, which include five businesses, three non- profits, and one National Football League player, will be honored by U.S. Labor Secretary Elaine L. Chao at a ceremony in Washington D.C. on November 17. Additional information on the award and its recipients can be found at .

"SunTrust is honored to be a recipient of this special award," said Mary Steele, SunTrust director of Human Resources. "We are proud of our diversity initiatives that help raise the quality of our workforce and the well-being of employees. Our recognition and respect for the uniqueness of individuals is a way of life that directly affects the success of our business in an ever- expanding and competitive marketplace."

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest commercial banking organizations. The company operates an extensive distribution network primarily in Florida, Georgia, Maryland, North Carolina, South Carolina, 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. SunTrust's Internet address is .

SOURCE: SunTrust Banks, Inc.

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