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Centura Banks Inc. Declares Fourth Quarter 1998 Dividend

    ROCKY MOUNT, N.C., Oct. 20 /PRNewswire/ -- Centura Banks, Inc. (NYSE: CBC)
has declared a cash dividend of 29 cents per share for the fourth quarter of
1998.  The dividend is payable on December 15, 1998, to shareholders of record
on November 30, 1998.
    The 29 cents per share dividend is a 7 percent increase from the 27 cents
per share paid in the fourth quarter of 1997.  For the year 1998, dividends
paid per share were $1.14, or 8 percent greater than the $1.06 per share paid
for 1997.
    With assets of $7.8 billion, Centura provides a complete line of banking,
investment, leasing, insurance and trust services to individuals and
businesses in North Carolina, South Carolina and the Hampton Roads region of
Virginia.  Centura offers its customers a variety of delivery channels,
including 210 financial services offices; more than 315 ATMs, its Centura
Highway telephone banking center; Centura's Internet site; and through leading
online money management software packages.  Additional information about
Centura is available on its 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,
    Centura Banks Inc., 252-454-4860 or cfulghum@centura.com