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SunTrust Names Steve Shriner Director of Investor Relations

PRNewswire-FirstCall
ATLANTA
Sep 4, 2007

SunTrust Banks, Inc. today announced that Steven P. Shriner 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. Shriner will report to SunTrust's Chief Financial Officer, Mark A. Chancy. He succeeds Greg Ketron, who has joined Citigroup in New York as an equity research analyst.

Mr. Shriner has approximately 20 years of experience in finance, including more than 15 years in increasingly responsible financial management positions at SunTrust and a predecessor institution. Most recently, he served as Senior Financial Officer for the Company's key lines of business including Wealth and Investment Management, Corporate and Investment Banking and Mortgage. Mr. Shriner began his career in finance in 1987 with Circuit City Stores, Inc. and joined a SunTrust predecessor, Crestar Financial Corporation, in 1990.

"We wish Greg Ketron well as he moves into this new chapter in his career," said Mr. Chancy. "At the same time, we are fortunate to have in Steve Shriner a successor with the knowledge of both our industry and our institution that will ensure a smooth transition in this key function."

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 June 30, 2007, SunTrust had total assets of $180.3 billion and total deposits of $122.9 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 mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com.

Contact: Barry Koling

(404) 230-5268

First Call Analyst:
FCMN Contact: michael.mccoy@suntrust.com

SOURCE: SunTrust Banks, Inc.

CONTACT: Barry Koling of SunTrust Banks, Inc., +1-404-230-5268


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