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SunTrust to Collaborate With AARP to Attract Older Job Seekers

Company is the First Bank Among 24 Major Employers to Participate in Program

PRNewswire-FirstCall
ATLANTA
Nov 17, 2005

SunTrust Banks, Inc. and AARP today announced that SunTrust has joined AARP's Featured Employers program to help Americans aged 50 and over remain in the workforce as desired. The announcement was made this morning at an AARP event in Washington, D.C. SunTrust - the first banking company to join the program - is among 24 major employers, including 11 recognized today, that participate in the Featured Employers program.

"We value the unique background and experience that every SunTrust employee contributes to our company, said L. Phillip Humann, chairman and CEO of SunTrust Banks, Inc. "Older workers in particular offer a relatively untapped source of valuable business and personal insight; joining the AARP Foundation's Featured Employers Program allows us to directly offer SunTrust opportunities to this growing pool of prospective employees."

Job seekers may visit AARP's Web site -- www.aarp.org/featuredemployers -- to learn about SunTrust and other Featured Employers. Candidates interested in SunTrust will be able to link directly to a dedicated page, www.suntrust.com/aarp, on SunTrust's Web site to learn more about employment opportunities and benefits at SunTrust.

The other companies joining the program today are: Cendant Car Rental Group (Avis/Budget); Cingular Wireless; Comcast Cable Communications, Inc.; CVS/pharmacy; Right at Home, In-Home Care & Assistance; News America Marketing; New York Life Insurance Company; Quest Diagnostics, Inc.; Schneider National, Inc.; and Verizon.

Deborah Russell, director, Economic Security at AARP, said, "By working with these leading businesses to understand current workforce trends, AARP is able to empower members and other older job seekers by providing them with the information they need to make informed choices."

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