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Centura Completes Acquisition Of Technology Leasing Company

    ROCKY MOUNT, N.C., Nov. 1 /PRNewswire/ -- Centura Banks Inc. (NYSE: CBC)
today completed its acquisition of CLG Inc., a privately owned company that
specializes in leasing computer and technology equipment to companies
throughout the United States. Based in Raleigh, N.C., CLG also has offices in
Charlotte and Wilmington, N.C., Columbus, Ga., and Dallas, Texas.
    With assets of $6.0 billion, Centura provides a complete line of banking,
investment, insurance and trust services to individuals and businesses
throughout North Carolina. It provides services through 170 traditional and
supermarket financial centers, more than 230 ATMs at financial centers,
Wal-Mart and Sam's stores, its Centura Highway telephone banking center,
Quicken and Microsoft Money, the leading personal finance software packages,
and America Online, the world's largest provider of online services.  More
information about Centura is available on the World Wide Web at
http://www.centura.com.


SOURCE Centura Banks Inc.




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CONTACT:
Frank L. Pattillo, Chief Financial Officer,
Centura Banks Inc., 919- 977-8341, or Email:
fpattillo@centura.com