SC Technical College System Receives $325,000 Grant from 
Wells Fargo to Support Workforce Development

COLUMBIA, SC – July 24, 2012 -Wells Fargo & Company (NYSE: WFC)announced a statewide technical college grant program aimed at awarding$325,000 to severalSouth Carolina technical colleges. The investmentwill focus on supporting programs that promote local workforcedevelopment and job creation.Wells Fargo has awarded grants to the following technical colleges:

• Trident Technical College, located in Charleston, received a $100,000 grant.
• Midlands Technical College, located in Columbia, received a $75,000 grant.
• Greenville Technical College, located in Greenville, received a $50,000 grant.
• Florence-Darlington Technical College, located in Florence, received a $40,000 grant.
• Horry-Georgetown Technical College, located in Myrtle Beach, received a $27,500 grant.
• Spartanburg Community College, located in Spartanburg, received a $15,000 grant.
• Piedmont Technical College, located in Greenwood, received a $5,000 grant.
• Tri-County Technical College, located in Pendleton, received a $5,000 grant.
• Central Carolina Technical College, located in Sumter, received a $5,000 grant.
• Northeastern Technical College, located in Cheraw, received a $2,500 grant.

SouthCarolina’s economy continues to recover from the lingering effects ofthe past recession, said Rick Redden, South Carolina President forWells Fargo. We believe workforce development and job creation are keyto accelerating economic growth. We are proud to make a significantinvestment in our state’s technical colleges. They play a critical rolein driving workforce development by developing a talent pool of skilledlabor for new and existing companies.

With65% of future jobsrequiring more than a high school diploma and less than a four-yeardegree, the SC Technical College System is educating and training SouthCarolina’s future workforce. With each student, the technical collegesof South Carolina are contributing significantly to the foundation ofthe state’s economy.

Unfortunately, a lack of increased stateresources has placed an enormous strain on the System’s ability to meetits mission, especially withenrollment increases across the System averaging 26%beginning of this economic crisis.

SouthCarolinians rely now more than ever on the SC Technical College Systemto learn new skills and enhance their overall employability. A technicalcollege education offers students the lowest tuition cost available andthe greatest flexibility, said Dr. Darrel Staat, president of the SCTechnical College System. The tremendous generosity of Wells Fargo withthis grant will assist the colleges in providing our students with aneven better opportunity for success.

About the SC Technical College System
TheSC Technical College System is comprised of 16 technical collegeslocated strategically across the state and its statewide workforcetraining programs: readySC™ and Apprenticeship Carolina™. The System iscommitted to helping increase the employability of all South Caroliniansby ensuring they are fully prepared for the careers of today – andtomorrow. As the largest higher education system in the state, theSystem provides its students with a comprehensive education as well as afast track to a rewarding career. In addition, the System’snationally-recognized affiliate programs, designed to train or re-trainemployees so that companies new to South Carolina and existingbusinesses alike can continue to prosper and grow, help spur job growthand economic development opportunities across the state. The SCTechnical College System prepares students of all ages for real worktoday while demonstrating a commitment to increasing the employabilityof all South Carolinians and ultimately enhancing the quality of lifefor all.www.sctechsystem.edu