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SunTrust Declares Quarterly Dividend

PRNewswire-FirstCall
ATLANTA
Nov 8, 2005

The Board of Directors of SunTrust Banks, Inc. today declared a regular quarterly cash dividend of $0.55 per common share. The dividend is payable on December 15, 2005 to shareholders of record on December 1, 2005. The indicated annual cash dividend is $2.20 per common share.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2005, SunTrust had total assets of $172.4 billion and total deposits of $113.7 billion. The Company operates an extensive branch and ATM network throughout the high- growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company 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, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com.

SOURCE: SunTrust Banks, Inc.

CONTACT: Investors, Greg Ketron, +1-404-827-6714, or Media, Mike McCoy,
+1-404-588-7230, both of SunTrust Banks, Inc.