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SUNBANK INTRODUCES NEW EQUITY MUTUAL FUND

 ORLANDO, Fla., Feb. 11 /PRNewswire/ -- SunBank announced today that The Value Income Stock Fund will be available for purchase exclusively through the bank beginning Feb. 16, 1993. The equity fund is the latest addition to the STI Classic Family of Funds, a series of mutual funds launched by SunTrust Banks, Inc. last year.
 SunBank Capital Management, N.A. serves as Investment Advisor for the new fund which aims for current income and will invest primarily in equities with above average dividend yields relative to the stock market as measured by the Standard and Poor's 500 Stock Index. A secondary goal is capital appreciation.
 Gregory DePrince, senior vice president of SunBank Capital Management, will personally manage the Value Income Stock Fund. DePrince has compiled an outstanding performance record in his management of the SunBank Employee Benefit Income Fund, placing him in the top 1 percent nationally of all equity income managers. His expertise will now be available to individual investors through the Value Income Stock Fund.
 In addition to the Value Income Stock Fund, the STI Classic Funds include another equity fund, the Capital Growth Fund, a taxable bond fund, a tax exempt bond fund, two taxable money market funds and a tax exempt money market fund. Two more bond funds are expected to become available during the first quarter of this year.
 The Capital Growth Fund produced a total return of 12.08 percent from its inception, June 10, 1992 through Dec. 31, 1992. This return includes the maximum initial sales charge of 3.75 percent and assumes reinvestment of dividends and capital gains at net asset value. Investment return and principal value will fluctuate and the investor's shares when redeemed may be worth more or less than when purchased. This past performance is no guarantee of future returns. Cumulative total returns for the Trust Shares class from July 1, 1992 was 13.42 percent.
 All the funds' advisors are subsidiaries of SunTrust Banks, Inc., and the funds are distributed by SEI Financial Services Company, Wayne, Pa. Individuals can invest in the funds with initial investments of $5,000 to $25,000 or $2,000 for Individual Retirement Accounts.
 SunTrust Banks, Inc. is a super regional bank holding company based in Atlanta, with over $34 billion in assets and more than 600 offices in the states of Florida, Georgia and Tennessee.
 To obtain more information, including a prospectus which outlines fees and expenses, call 800-526-1177 or visit a SunBank investment banking office. Please read the prospectus carefully before investing or sending money. STI Classic Funds are not endorsed or guaranteed by, and do not constitute obligations of SunTrust Banks, Inc., or any of its subsidiary banks. Shares of the funds are not insured by the FDIC. Distributor: SEI Financial Service Company, 680 E. Swedesford Road, Wayne, Pa. 19087, 800-428-6970.
 -0- 2/11/93
 /CONTACT: John J. McGuire, executive vice president of SunBanks, Inc., 407-237-5109/


CO: SunBanks, Inc. ST: Florida IN: FIN SU: PDT

AW-JB -- FL010 -- 5794 02/11/93 14:53 EST
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Publication:PR Newswire
Date:Feb 11, 1993
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