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CAROLINA FIRST DECLARES PREFERRED STOCK DIVIDENDS

 GREENVILLE, S.C., Aug. 31 /PRNewswire/ -- Carolina First Corporation (NASDAQ-NMS: CAFC) today announced the declaration of cash dividends on its preferred stock. At its Aug. 26, 1993, meeting, the board of directors declared the payment of cash dividends in the amount of $0.52 per share of Series 1992 Preferred Stock and $0.469 per share of Series 1993 Preferred Stock payable on Oct. 1, 1993, to preferred shareholders of record as of Sept. 15, 1993.
 Carolina First Corporation, headquartered in Greenville, offers a broad range of commercial, consumer and mortgage financial services through two subsidiaries, Carolina First Bank and Carolina First Savings Bank. Carolina First Bank is a state-chartered commercial bank that operates 22 branches throughout South Carolina. Carolina First Savings Bank, headquartered in Georgetown, is a federally chartered savings bank with eight branches in coastal South Carolina.
 Carolina First's preferred stock trades over-the-counter under the symbols CAFCP and CAFCO. Market makers include J.C. Bradford & Co., Interstate/Johnson Lane, The Robinson Humphrey Company, Inc., Sterne Agee & Leach, and Wheat First Securities.
 -0- 8/31/93
 /CONTACT: William S. Hummers III of Carolina First, 803-255-7913/
 (CAFC)


CO: Carolina First Corporation ST: South Carolina IN: FIN SU: DIV

SB -- CH004 -- 7470 08/31/93 11:37 EDT
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Publication:PR Newswire
Date:Aug 31, 1993
Words:207
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