The South Financial Group to Present at Keefe, Bruyette & Woods Conference with Webcast Available

The South Financial Group, Inc. (NASDAQ: TSFG) is scheduled to present at the Keefe, Bruyette & Woods 8th Annual Community Bank Investor Conference in New York on Tuesday, July 31st at 7:30 a.m. ET. Mack I. Whittle, Jr., Chairman, President, and Chief Executive Officer, will participate in the presentation. Investors may access a live audio-webcast of the presentation through The South Financial Group’s website, www.thesouthgroup.com, under the Investor Relations link. The presentation will be archived and available for 30 days after the conference concludes. Material that will be used in this presentation will be posted in the Investor Relations section of The South Financial Group’s website under Presentations & Webcasts. The South Financial Group is the largest publicly-traded bank holding company headquartered in South Carolina and ranks among the top 50 U.S. commercial bank holding companies in total assets. At June 30, 2007, it had approximately $14.1 billion in total assets and 171 branch offices in Florida, North Carolina, and South Carolina. TSFG focuses on fast-growing banking markets in the Southeast, concentrating its growth in metropolitan statistical areas. TSFG operates Carolina First Bank, which conducts banking operations in North Carolina and South Carolina (as Carolina First Bank), in Florida (as Mercantile Bank), and on the Internet (as Bank CaroLine). At June 30, 2007, approximately 46% of TSFG’s total customer deposits were in South Carolina, 39% were in Florida, and 15% were in North Carolina. Investor information is available at www.thesouthgroup.com.