Bank of South Carolina Corporation Announces 58th Consecutive Dividend CHARLESTON, S.C., Dec. 18 /PRNewswire-FirstCall/ -- The Board of Directors of Bank of South Carolina Corporation, the parent company for The Bank of South Carolina, on December 18, 2003, declared an $.11 per share dividend, payable January 31, 2004, to shareholders of record as of December 31, 2003. This is the 58th consecutive dividend paid by the Corporation to its shareholders. Hugh C. Lane, Jr., the Corporation's President and CEO, stated "We paid our first cash dividend in 1989 and are proud of the fact that we continue to share our earnings with our shareholders with the declaration of our 58th consecutive dividend. We continue to see growth in our deposits, which we think is essential since deposits are the principal raw material for a community bank and provide the basis for growth and earnings. We are pleased with the year that we are having, particularly our earnings." The Bank of South Carolina, a De Novo Charter, which opened in 1987 at 256 Meeting Street, has offices in Summerville, Mt. Pleasant, and the West Ashley community. It is also available on its website at http://www.banksc.com/ . Bank of South Carolina Corporation currently trades its common stock on the NASDAQ stock market under the symbol "BKSC". Market makers for the stock for Bank of South Carolina Corporation are: Robinson Humphrey Company, Inc., Sterne, Agee and Leach Inc., Scott & Stringfellow, Inc., Nite Securities, LP and Speer, Leeds and Kellogg. DATASOURCE: Bank of South Carolina Corporation CONTACT: William L. Hiott, Jr. of Bank of South Carolina Corporation, +1-843-724-1500 Web site: http://www.banksc.com/

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