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Seacoast Board Declares First Quarter Dividend

    STUART, Fla., Feb. 16 /PRNewswire-FirstCall/ -- The board of directors of
Seacoast Banking Corporation of Florida (Nasdaq: SBCF), a bank holding company
whose principal subsidiary is First National Bank and Trust Company of the
Treasure Coast, today declared a first quarter cash dividend on the Company's
common stock of $0.14 per share, an indicated annual dividend of $0.56.  The
dividend is payable on March 31, 2005 to shareholders of record on March 15,
2005.

    Seacoast, with approximately $1.6 billion of assets, is one of the largest
independent commercial banking organizations in Florida.  Seacoast is
headquartered on Florida's Treasure Coast, which is one of the wealthiest and
fastest growing areas in the nation.


SOURCE Seacoast Banking Corporation of Florida




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Related links:
  • http://www.seacoastbanking.net
    CONTACT:
    Dennis S. Hudson, III, President and Chief
    Executive Officer, +1-772-288-6086, or William R. Hahl, Executive
    Vice President and Chief Financial Officer, +1-772-221-2825, both
    of Seacoast Banking Corporation of Florida