First Citizens Director of Investment Management Earns Certified Investment Management Analyst Designation

February 12, 2008

Paul Lehman, First Citizens director of investment management, earns the CIMA ®

COLUMBIA, SC – February 12, 2008 – Paul Lehman, First Citizens director of investment management, has earned the Certified Investment Management Analyst designation (CIMA ®) from the Investment Management Consultants Association (IMCA).

The CIMA designation identify those individuals who have met the rigorous experience and ethical requirements , have successfully completed investment management coursework and have passed the CIMA ® examination covering the following areas: investment policy, asset allocation, risk management, beta coefficients, historical returns, duration and convexity, tax efficiency, alternative investments, international financial markets, measuring return on a portfolio, performance measurement and attribution, legal and regulatory environment, and ethics. CIMA ® designees must also agree to meet ongoing continuing education requirements and to uphold IMCA’s code of professional responsibility, performance reporting standards, and standards of practice.

About First Citizens

First Citizens Bancorporation, Inc., is the parent company of First Citizens Bank and Trust Company, Inc., and The Exchange Bank of South Carolina, Inc. First Citizens Bank offers services in commercial and retail banking through its 166 offices in South Carolina and Georgia. As of Dec. 31, 2007, First Citizens Bancorporation had total consolidated assets of $6.08 billion.

For more information, visit the First Citizens web site at .