SCBT Financial Corporation Declares Quarterly Cash Dividend

July 17, 2008

COLUMBIA, SC—July 17, 2008—The Board of Directors of SCBT Financial Corporation (NASDAQ: SCBT) announces a quarterly cash dividend of 17 cents per share payable on its common stock.  This per share amount is equal to the dividend paid in the immediately preceding quarter and will be payable on August 15, 2008 to shareholders of record as of August 1, 2008.

SCBT Financial Corporation is a multi-bank holding company whose subsidiaries are South Carolina Bank and Trust, N.A., South Carolina Bank and Trust of the Piedmont, N.A and The Scottish Bank, N.A. Through these subsidiaries, SCBT Financial Corporation operates 50 financial centers in 16 South Carolina counties and Mecklenburg County of North Carolina. The Company has been serving banking needs within the Carolinas for more than 73 years. The Company offers a full range of retail and commercial banking services, mortgage lending services, trust and investment services, and consumer finance loans. SCBT Financial Corporation’s common stock is traded on the NASDAQ Global Select MarketSM under the symbol “SCBT.”

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