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Centura Banks Inc. Declares Fourth Quarter 1999 Dividend

    ROCKY MOUNT, N.C., Oct. 5 /PRNewswire/ -- Centura Banks, Inc. (NYSE: CBC)
has declared a cash dividend of 32 cents per share for the fourth quarter of
1999.  The dividend is payable on December 15, 1999, to shareholders of record
on November 30, 1999.
    The 32 cents per share dividend is a 10.3 percent increase from the 29
cents per share paid in the fourth quarter of 1998.  For the year 1999,
dividends paid were $1.25 representing a 9.6 percent increase over the $1.14
paid for 1998.
    With assets of $8.9 billion, Centura provides a complete line of banking,
investment, insurance, leasing, and trust services to individuals and
businesses in North Carolina, South Carolina and Virginia.  Centura's broad
range of financial services are provided through a variety of delivery
channels, including 227 full-service financial offices; 231 ATMs; the Centura
Highway telephone banking center; Centura's Internet site; and through leading
online money management packages.  Additional information may be found on
Centura's website at http://www.centura.com .


SOURCE Centura Banks, Inc.




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Related links:
  • http://www.centura.com
    Company News On-Call:
  • http://www.prnewswire.com/comp/870954.html or fax,
    800-758-5804, ext. 870954
    CONTACT:
    Carol Fulghum, Principal Accounting Officer
    of Centura Banks, Inc., 252-454-4860, or cfulghum@centura.com