Habitat for Humanity and First Horizon Hand Over Keys to New Home Complete with Christmas Tree.

Lifestyle Editors/Business Editors

DALLAS--(BUSINESS WIRE)--Dec. 18, 2003

True Christmas Spirit Brings Hutchinson Family and Volunteers

Together as Family Moves into Their First Home

Shirley and Thoris Hutchinson and 12-year-old granddaughter Breana Jones moved into their new home last Saturday, and the first piece of the furnishings was a beautiful Christmas tree, decorated by the hands that helped build the home. More than 20 volunteers from First Horizon Home Loans crowded around the tree in the living room to witness the Hutchinsons accepting the house keys from Jerry Baker, CEO of First Horizon, and Sloan Leonard, chairman of the board of Dallas Area Habitat for Humanity.

Dallas Habitat for Humanity executive director Rex Spivey opened the dedication ceremony with a prayer asking for a blessing on the Hutchinsons, their home and the volunteers who built it. Mr. Leonard thanked First Horizon for its contributions to Habitat for Humanity, saying, "By building this home, you're not just helping these wonderful people, you're helping generations to come."

Accepting the keys and turning to the volunteers, Mr. Hutchinson said, "This is not just our home, this is y'all's home. We hope you'll come back and visit us." Mrs. Hutchinson added, "I prayed to the Lord for a home, and you've helped us get this beautiful home built."

Mr. Baker told the gathering, "We're all about helping people afford homes. We believe that home ownership is a great foundation for community growth. We've committed $2 million over five years to Habitat for Humanity, and so far we're $400,000 into that. We look forward to helping many more families across the country."

Representing the more than 100 First Horizon employees who worked on the home over three months, four volunteers presented traditional house-warming gifts to dedicate the home. Mickey Davis presented a loaf of bread, Rich Comparato offered a bottle of wine, Wendi Childress added a poinsettia plant and Peggy Plaisted presented the family with a commemorative Bible. Buck Weimars, AmeriCorps member representing Habitat's construction team, gave the Hutchinson's a toolbox "to help you keep your home in good repair."

First Horizon volunteers have been working since September on the Hutchinson's new home, and the company underwrote the total cost of the house. Before the dedication ceremony, the volunteers put final touches on the home, plugging in the new refrigerator and stove and stocking the Hutchinson's pantry with food.

The home is in the Greenleaf Village residential development in Dallas, the largest private-public residential development partnership in the U.S. When completed, the development will include more than 300 homes.

First Horizon Home Loans

Headquartered in Irving, Texas, First Horizon Home Loans(SM) has established itself as a nationally recognized leader in the mortgage banking industry. The company currently ranks among the nation's largest full-service mortgage banking companies in both retail origination and mortgage servicing.

With its commitment to superior customer service and competitive products, the company is currently ranked 14th in servicing with over $63 billion in its portfolio. First Horizon(R) is ranked 14th in originations with $28.42 billion volume for the first half of 2003.(1)

The First Horizon family of lending companies includes First Horizon Home Loans, First Horizon Wholesale, First Tennessee Home Loans, First Horizon Lending Center and First Horizon Equity Lending(SM).

First Horizon Home Loan Corporation is a wholly owned subsidiary of First Tennessee Bank National Association. First Tennessee Bank National Association's parent company is First Tennessee National Corporation (NYSE:FTN), a nationwide, diversified financial services institution with headquarters in Memphis, Tennessee.

FTN companies have been recognized as some of the nation's best employers by AARP and Working Mother, Business Week and Fortune magazines. The corporation also was named one of the nation's 100 best corporate citizens by Business Ethics magazine.

More information can be found at www.FirstHorizonOnline.com and www.FirstTennessee.com.

(1) Rankings current as of August 2003. Source: Inside Mortgage

Finance(R).