SCBT Opening Main Street Office

November 16, 2010

SPARTANBURG, SC – November 16, 2010 – South Carolina Bank and Trust (NASDAQ: SCBT) announced today that they will now offer full-service banking at 349 East Main Street.

“We are excited to be able to provide full-service banking to our customers, further continuing our commitment to the Spartanburg community” said Jay Reagan, Spartanburg city executive. “Our plans are to continue to look for additional full service locations in this market.”

The SCBT office, located in the Mary Black Foundation building, has now expanded their offerings to include teller services, personal and business lending services, as well as all other general customer service. Originally opened in January 2010, this location will continue to handle Wealth Management needs, including investment and risk management, financial, estate, and charitable planning, estate settlement, trust
administration, and private banking.

“The Spartanburg community is an important market as we expand our presence in the Upstate and along the I-85 corridor” said Greg  Lapointe, SCBT western group president. “I am delighted we can now offer full service banking to our existing customers and look forward to continuing to grow our branch network in the Spartanburg market.”

Personal and business banking service at the new location will be provided by Jay Reagan, city executive. Wealth Management services will continue to be provided by Bill Coker, senior relationship manager; Frank Sanders, senior trust advisor; Brian Barker, portfolio manager; Charles Williams, portfolio manager; Donna Murray, wealth planning advisor; Charissa Deyo, trust administrator; and Patricia Robinson, trust
assistant. To contact the branch, please call 864-583-5572.

SCBT Financial Corporation

SCBT Financial Corporation, Columbia, South Carolina is a registered bank holding company incorporated under the laws of South Carolina. The Company consists of SCBT, N.A., the second largest bank headquartered in South Carolina; SCBT of the Piedmont, a Division of SCBT, N.A.; NCBT, a Division of SCBT, N.A.; and Community Bank & Trust, a Division of SCBT, N.A. Providing financial services for over 76 years, SCBT Financial Corporation operates 76 locations in 17 South Carolina counties, 10 North Georgia counties, and Mecklenburg County in North Carolina. Named in Forbes as one of the 100 Most Trustworthy Companies in America in 2009, SCBT Financial Corporation has assets of approximately $3.6 billion and its stock is traded under the symbol SCBT in the NASDAQ Global Select Market. More information can be found at www.SCBTonline.com.