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SunTrust Names Greg Ketron Director of Investor Relations

Jan 18, 2005

SunTrust Banks, Inc. today announced that Gregory W. Ketron has been named Director of Investor Relations. In this capacity, he will oversee SunTrust's communications and relationships with equity security analysts, large institutional investors and other members of the investment community.

Mr. Ketron succeeds, and will report to, Gary Peacock, Jr., SunTrust's Treasurer, who retains executive oversight responsibility for Investor Relations.

A certified public accountant and 18-year SunTrust veteran, Mr. Ketron has served as manager of the asset/liability management function since 1995, and was named senior vice president in 2001. In this capacity he oversaw strategic direction on balance sheet and earnings-related issues as well as market risk modeling, assessment and reporting. Prior to that, he was chief financial officer at SunTrust's banking unit in Southwest Florida. Before joining SunTrust in 1986, Mr. Ketron was a senior accountant with Coopers and Lybrand specializing in banking and healthcare companies. A graduate of Xavier University in Cincinnati, he began his career in 1983 as a staff accountant at Deloitte and Touche.

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: Mike McCoy of SunTrust Banks, Inc., +1-404-588-7230