SunTrust noted that it will also pay to the U.S. Treasury $66.5 million in dividends on the Company's Perpetual Preferred Stock, Series C and D, which was purchased under the Capital Purchase Program.

The Board of Directors also announced a quarterly cash dividend of $1,022.22* per share on SunTrust's Perpetual Preferred Stock, Series A, declared payable in cash on September 15, 2009, to shareholders of record at the close of business on September 1, 2009.

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, 2009, SunTrust had total assets of $176.7 billion and total deposits of $118.8 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, investment management, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com

*Editor's Note: The preferred stock dividend has been rounded for reader convenience. The precise dividend is $1,022.22222222222.

   Contact:   Investors                      Media   Steve Shriner                  Mike McCoy   (404) 827-6714                 (404) 588-7230  

SunTrust Banks, Inc.

CONTACT: Investors, Steve Shriner, +1-404-827-6714, or Media, MikeMcCoy, +1-404-588-7230, both of SunTrust Banks, Inc.

Web Site: http://www.suntrust.com/

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