This presentation contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995.  Such statements include, but are not limited to,
statements about the benefits of the merger between SunTrust Banks, Inc. (“SunTrust”)
and National Commerce Financial Corporation (“NCF”), including future financial and
operating results, SunTrust’s plans, objectives, expectations and intentions and other
statements that are not historical facts.  Such statements are based upon the current
beliefs and expectations of SunTrust’s and NCF’s management and are subject to significant
risks and uncertainties.  Actual results may differ from those set forth in the forward-
looking statements.  The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: the ability to obtain
governmental approvals of the merger on the proposed terms and schedule; the failure of
SunTrust and NCF stockholders to approve the merger; the risk that the businesses will not
be integrated successfully; the risk that the cost savings and any revenue synergies from
the merger may not be fully realized or may take longer to realize than expected;
disruption from the merger making it more difficult to maintain relationships with clients,
employees or suppliers; increased competition and its effects on pricing, spending, third-
party relationships and revenues; the risk of new and changing regulation in the U.S. and
internationally.  Additional factors that could cause SunTrust’s and NCF’s results to differ
materially from those described in the forward-looking statements can be found in the 2003
Annual Reports on Form 10-K of SunTrust and NCF, and in the Quarterly Reports on Form
10-Q of SunTrust and NCF filed with the Securities and Exchange Commission and available
at the Securities and Exchange Commission’s internet site (http://www.sec.gov).  The
forward-looking statements in this presentation speak only as of the date of the filing, and
neither SunTrust nor NCF assumes any obligation to update the forward-looking statements
or to update the reasons why actual results could differ from those contained in the
forward-looking statements.

This presentation could include some non-GAAP measures to describe SunTrust’s
performance.  The reconciliation of those measures to GAAP measures can be found in
SunTrust’s earnings press release, on SunTrust’s website in the press release section of
the Investor Relations pages and in the appendix of this presentation.