3/19/2007 - CapitalSouth Bancorp Announces First Quarter Dividend

CapitalSouth bancorp announces first quarter dividend

Birmingham, Alabama (March 19, 2007) - The Board of Directors of CapitalSouth Bancorp, (NASDAQ-CAPB) has declared a first quarter dividend of $0.06 per share to shareholders of record as of March 30, 2007.  The dividend will be payable April 12, 2007.

CapitalSouth Bancorp through its bank subsidiary, CapitalSouth Bank, provides a broad range of commercial banking services and products in the Birmingham, Huntsville and Montgomery, Alabama and Jacksonville, Florida markets.  Additional information is available at www.capitalsouthbank.com

This press release contains "forward-looking" statements as defined by the Private Securities Litigation Reform Act of 1995, which is based on CapitalSouth's current expectations, estimates and projections about future events and financial trends affecting the financial condition of its business.  These statements are not historical facts or guarantees of future performance, events, or results.  Such statements involve potential risks and uncertainties and, accordingly, actual performance results may differ materially.  CapitalSouth undertakes no obligation to publicly update or revise forward-looking statements, whether as a result of new, updated information, future events, or otherwise.

Media Contacts:

Carol Marsh

205-870-1939