First National Bankshares of Florida, Inc. Announces Third Quarter Cash Dividend of $0.07 Per Share NAPLES, Fla., July 22 /PRNewswire-FirstCall/ -- First National Bankshares of Florida, Inc. (NYSE:FLB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.07 per share on its common stock. The dividend is payable on August 15, 2004 to all First National Bankshares of Florida common shareholders of record as of August 1, 2004. (Logo: http://www.newscom.com/cgi-bin/prnh/20031230/FNBFLOGO) Headquartered in Naples, Florida, First National Bankshares of Florida is a $4.1 billion diversified financial services company. The company's focus is on expansion in the high-growth Florida market. In addition to traditional community banking, the company provides a complete line of insurance and wealth management services with 59 full-service financial centers located throughout Southwest and Central Florida. The company's stock is traded on the New York Stock Exchange under the symbol "FLB." On March 22, 2004, First National Bankshares announced the planned acquisition of Southern Community Bancorp. Headquartered in Orlando, Florida, Southern Community has more than $1 billion in total assets and $890 million in deposits with 18 full-service banking offices located throughout South and Central Florida. The transaction, which is subject to normal regulatory and shareholder approvals, is expected to close in September 2004. Upon completion of the merger, all Southern Community Bank branches will join First National Bankshares' subsidiary bank, First National Bank of Florida. On June 30, 2004, First National Bankshares announced the planned acquisition of First Bradenton Bank. Headquartered in Bradenton, Florida, First Bradenton has $60.5 million in total assets and $55.5 million in deposits with one banking location. Once the merger is completed, First National Bankshares will have more than $5.2 billion in total assets and $3.9 billion in total deposits with 76 full-service financial centers located throughout South and Central Florida, including its pending acquisition of Southern Community. Except for historical information contained herein, the statements made in this press release constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve certain risks and uncertainties, including statements regarding the Company's strategic direction, prospects and future results. Certain factors, including those outside the Company's control, may cause actual results to differ materially from those in the forward-looking statements, including economic and other conditions in the markets in which the Company operates; risks associated with acquisitions, competition, seasonality and the other risks discussed in our filings with the Securities and Exchange Commission, which discussions are incorporated in this press release by reference. CONTACT: Clay W. Cone Vice President, Director of Corporate Communications 239-436-1676 http://www.newscom.com/cgi-bin/prnh/20031230/FNBFLOGO http://photoarchive.ap.org/ DATASOURCE: First National Bankshares Of Florida, Inc. CONTACT: Clay W. Cone, Vice President, Director of Corporate Communications, First National Bankshares of Florida, +1-239-436-1676 Web site: http://www.firstnationalbankshares.com/

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