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SOUTHTRUST INCREASES PUBLIC OFFERING OF COMMON STOCK

 SOUTHTRUST INCREASES PUBLIC OFFERING OF COMMON STOCK
 BIRMINGHAM, Ala., Aug. 7 /PRNewswire/ -- SouthTrust Corporation (NASDAQ-NMS: SOTR) announced today the public offering of 2,650,000 shares of common stock at $24 per share, an increase from the 2 million shares originally filed.
 The company has granted the underwriters an option to purchase up to an additional 397,500 shares to cover over-allotments, if any. The offering is being made through underwriters led by Merrill Lynch & Co., J.C. Bradford & Co. and Sterne, Agee & Leach, Inc.
 Net proceeds to the company from the offering will be added to its general funds to be used for general corporate purposes, which may include contributing capital to or extending credit to current and future bank and bank-related subsidiaries of the company, possible acquisitions, and the reduction of long-term or short-term indebtedness.
 SouthTrust Corporation is a multibank holding company engaged in a full range of banking services through its 40 bank subsidiaries, which operate from more than 340 banking locations in Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee.
 The common stock of SouthTrust Corporation is quoted on the NASDAQ National Market System under the symbol SOTR.
 -0- 8/7/92 R
 /CONTACT: Aubrey D. Barnard of SouthTrust, 205-254-5509/
 (SOTR) CO: SouthTrust Corporation ST: Alabama IN: FIN SU: OFR


BN-EA -- AT001 -- 7966 08/07/92 11:01 EDT
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Publication:PR Newswire
Date:Aug 7, 1992
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