Skymark Research, a leading provider of small- and micro-cap independent investment research, today initiated coverage on The South Financial Group, Inc. (Nasdaq:TSFG). Skymark Research is currently offering a complimentary trial subscription. To view our research go to: www.skymarkresearch.com

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About The South Financial Group, Inc. (Nasdaq:TSFG)

The South Financial Group, Inc. (Nasdaq:TSFG) is a bank holding company focused on serving small businesses, middle market companies, and retail customers in the Carolinas and Florida. At September 30, 2009, it had approximately $12.3 billion in total assets and 177 branch offices. TSFG operates Carolina First Bank, which conducts banking operations in North Carolina and South Carolina (as Carolina First Bank), in Florida (as Mercantile Bank), and on the Internet (as Bank CaroLine). At September 30, 2009, approximately 45% of TSFG's total customer deposits were in South Carolina, 43% were in Florida, and 12% were in North Carolina. Investor information is available at www.thesouthgroup.com.

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