6/12/2007 - CapitalSouth Bank Forms Strategic Partnership with Murfree Meadows, Inc. to Offer Business and Personal Financial Planning Services to Customers

FOR IMMEDIATE RELEASE

Media Contact:
Nicole Roberts
205 939 4001
nicole@harebrains.com

BIRMINGHAM, Ala.-June 12, 2007-CapitalSouth Bank and Murfee Meadows, Inc. have announced the formation of a strategic alliance to better serve CapitalSouth Bank customers with their financial planning needs. Murfee Meadows is a Southeastern firm offering a comprehensive range of financial and insurance services.

"We are delighted to be affiliated with an organization like Murfee Meadows," said Dan Puckett, CEO of CapitalSouth Bank. "We have every confidence our customers will receive the kind of unbiased advice they should expect from certified professionals."

CapitalSouth Bank customers will be referred to Murfee Meadows, which will remain independent of the bank, for services such as life insurance, investment advice, comprehensive financial planning, and succession planning for businesses.

"We've served several CapitalSouth executives as individual clients for years," said Tom Murfee. "We are genuinely excited by the opportunity to complement the excellent products and services the bank already offers. Murfee Meadows shares CapitalSouth's absolute commitment to their customer's best interests, and we're honored that our firm will now be serving as a formal extension of that commitment."

Murfee Meadows' financial strength is reinforced through its affiliation with ING (the 9th largest company in the world) and ING Financial Advisors, LLC*; moreover, the firm's independent status enables it to offer insurance and financial products from virtually any provider.

About CapitalSouth Bank

CapitalSouth Bank is a bank subsidiary of CapitalSouth Bancorp, a bank holding company operating nine full-service banking offices and one loan production office, with offices in Birmingham, Huntsville, and Montgomery, Alabama, and Jacksonville, Florida, as well as a loan production office in Atlanta, Georgia. CapitalSouth targets small to medium-sized businesses in the markets it serves. CapitalSouth offers SBA lending services and other loan programs for business owners through its Business Capital Group, which operates through full-service offices as well as the loan production office. CapitalSouth also provides Internet banking and personal investment services at www.capitalsouthbank.com.

*Investment Adviser Representative of and Securities offered through ING Financial Advisers, LLC (Member SIPC). Murfee Meadows, Inc. is an independent agency and is not a corporate affiliate of ING Financial Advisers, LLC.

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