SunTrust Participates in Third Annual NASCAR Day

"Official Bank of NASCAR" Assists Fundraising Efforts to Benefit Charities

ATLANTA, May 17 -- SunTrust Banks, Inc., the "Official Bank of NASCAR", announced today that it will be participating in the third annual NASCAR Day on May 19, to help raise funds to benefit more than 25 worthy charities through the NASCAR Foundation.

According to Craig Kelly, Corporate Executive Vice President and Chief Marketing Officer at SunTrust, there will be a number of opportunities for SunTrust clients, employees and any NASCAR fan to assist in the fundraising efforts.

Most visible will be the commemorative, collectable 2006 NASCAR Day lapel pins available at all SunTrust branches, totaling more than 1,600 locations, for anyone who stops by to make a donation.

"SunTrust is proud to be the largest retail distributor of NASCAR day pins in 2006, and many of our employees are passionate about the groups these organizations support," said Mr. Kelly.

A portion of the proceeds from select items in the "SunTrust Official Bank of NASCAR" merchandise line, found at www.suntrustracing.com will also be donated to the NASCAR Foundation throughout the year.

"As the 'Official Bank of NASCAR' and a member of the NASCAR family, we're pleased once again to play a role in this important annual fundraiser that benefits such worthy causes," said Mr. Kelly. "We encourage all NASCAR fans to visit one of our branches and make a donation in exchange for a lapel pin to show their support."

More information about the NASCAR Foundation and the charities it supports can be found at www.nascar.com/foundation.

SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of March 31, 2006, SunTrust had total assets of $178.9 billion and total deposits of $122.0 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides credit cards, mortgage banking, insurance, brokerage, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com