The South Financial Group Announces Date For 2nd Quarter 2010 Financial Results Release

The South Financial Group, Inc. (NASDAQ: TSFG) announced it will release second quarter 2010 financial results on Tuesday, July 20, 2010 after the market closes. The press release and quarterly financial data supplement will be available at that time in the Investor Relations section of TSFG’s website, www.thesouthgroup.com. The South Financial Group will not hold a conference call/webcast to review second quarter financial results.

General Information

The South Financial Group is a bank holding company focused on serving small businesses, middle market companies, and retail customers in the Carolinas and Florida. At March 31, 2010, it had approximately $12.4 billion in total assets and 176 branch offices. TSFG operates Carolina First Bank, which conducts banking operations in North Carolina and South Carolina (as Carolina First Bank), and in Florida (as Mercantile Bank). At March 31, 2010, approximately 44% of TSFG’s total customer deposits were in South Carolina, 45% were in Florida, and 11% were in North Carolina. Investor information is available at www.thesouthgroup.com.

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