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Seacoast Board Declares Fourth Quarter Dividend

Company Release - 11/16/2005 9:16 AM ET

STUART, Fla., Nov. 16 /PRNewswire-FirstCall/ -- The board of directors of Seacoast Banking Corporation of Florida (Nasdaq: SBCF), a bank holding company whose banking subsidiaries are First National Bank & Trust Company of the Treasure Coast and Century National Bank, yesterday declared a fourth quarter cash dividend on the Company's common stock of $0.15 per share, an indicated annual dividend of $0.60. The dividend is payable on January 3, 2006 to shareholders of record on December 15, 2005.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050916/SEACOASTLOGO )

Seacoast, with approximately $2.1 billion of assets, is one of the largest independent commercial banking organizations in Florida. Seacoast is headquartered on Florida's Treasure Coast, which is one of the wealthiest and fastest growing areas in the nation.

SOURCE  Seacoast Banking Corporation of Florida
    -0-                             11/16/2005
    /CONTACT:  Dennis S. Hudson, III, Chairman and Chief Executive Officer,
+1-772-288-6086, or William R. Hahl, Executive Vice President and Chief
Financial Officer, +1-772-221-2825, both of Seacoast Banking Corporation of
Florida/
    /Photo:  http://www.newscom.com/cgi-bin/prnh/20050916/SEACOASTLOGO
              AP Archive:  http://photoarchive.ap.org
              PRN Photo Desk, photodesk@prnewswire.com/
    /Web site:  http://www.seacoastbanking.net /
    (SBCF)

CO:  Seacoast Banking Corporation of Florida
ST:  Florida
IN:  FIN
SU:  DIV

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2164 11/16/200509:16 ESThttp://www.prnewswire.com