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The South Financial Group Reaches Goals with Help from TrainingFolks

CHARLOTTE - The South Financial Group is focused on fast-growing banking markets and must continually educate their managers to keep up with those markets. So they turned to TrainingFolks, Inc. (www.trainingfolks.com), which specializes in designing and executing employee-based development systems.

“Our goal was to implement a performance management system that could be implemented throughout the enterprise,” says Paul Barber, Sr. Vice President, Talent Development Manager of The South Financial Group. “TrainingFolks has been instrumental in helping us reach that goal.”

TrainingFolks is a full-service performance consulting firm with offices in Charlotte, NC and Toronto, Canada that has worked with some of North America’s most successful organizations to help implement changes and to build higher-performing employees.

“We began by seeking to understand their goals and discussing the requirements of the project,” says Owen Davis, Managing Director of U.S. Operations for TrainingFolks. “Then we partnered with The South Financial Group to design and execute a strategy to realize the expected outcomes.”

Davis is known for immersing himself in clients’ situations to help assess performance challenges, formulate solutions, and oversee implementation of the strategy. His personal involvement is supported by more than 200 trainers and consultants engaged by TrainingFolks throughout North America.

The South Financial Group is a financial services company, headquartered in Greenville, South Carolina with approximately $14.9 billion in total assets and 171 branch offices in Florida, North Carolina, and South Carolina. TSFG focuses on fast-growing banking markets in the Southeast and concentrates its growth in metropolitan statistical areas. TSFG operates two subsidiary banks. Carolina First Bank, the largest South Carolina-based commercial bank, operates in North Carolina, South Carolina, and on the Internet under the brand name, Bank CaroLine. Mercantile Bank operates in Florida. Approximately 40% of TSFG's total bank deposits as of September 30, 2005 are in Florida. The South Financial Group's common stock trades on the Nasdaq National Market under the symbol TSFG.

Contact:

Owen Davis, TrainingFolks
704-987-7761 or odavis@trainingfolks.com