FOR IMMEDIATE RELEASE:

October 8, 2004

Arthur State Bank To Open New 6 Lane Express Drive-Thru

Spartanburg, SC – Arthur State Bank recently completed construction of a new 6 Lane Express Drive-Thru,
located at 150 Washington Place in Spartanburg. The building is located just behind our 756 East Main Street Office. It is scheduled to open on Tuesday, October 12, 2004. The lanes will open from 8:00am to 5:00pm M-Th
and 8:00am to 6:00pm on Fridays.

Arthur State Bank is a full service community bank providing various deposit accounts including free personal checking, business checking, CD's, IRA's and saving accounts. Other services include a Trust and Estate
planning department, free Online and Telephone banking and personal or business loans and mortgages.

Arthur State Bank is privately owned and has operated locally since 1933. Arthur State Bank is based in
Union, SC with fifteen locations in Greenville, Laurens, Spartanburg, Union and York counties. Two
additional offices are planned for Columbia, SC in the 1^st quarter of 2005.

For more information, please visit our website www.arthurstatebank.com or contact Jason Land at
864-253-4290 or jland@arthurstatebank.com.