THE CORPORATE LIBRARY

Related Party Transactions and Outside Related Director Information

SCBT Financial Corporation (SCBT)

3/17/2006 Proxy Information

The Company's banking subsidiaries have loan and deposit relationships with some of the directors of the Company and its subsidiaries and loan, deposit, and fee-for-service relationships with some of the companies with which the directors are associated, as well as with some members of the immediate families of the directors. (The term "members of the immediate families" for purposes of this paragraph includes each person's spouse, parents, children, siblings, mother and father-in-law, sons and daughters-in-law, and brothers and sisters-in-law.) Such loan, deposit, or fee relationships were made in the ordinary course of business, were made on substantially the same terms, including interest rates, collateral and fee pricing as those prevailing at the time for comparable transactions with other persons, and did not, at the time they were made, involve more than the normal risk of collectibility or present other unfavorable features.

Robert R. Horger, Chairman of the Board of the Company, is a partner in the law firm of Horger, Barnwell & Reid, which South Carolina Bank and Trust, N.A. engaged as counsel during 2005 and may engage during the current fiscal year. In 2005, the Company made payments totaling $70,993 to Horger, Barnwell & Reid.

Colden R. Battey, Jr., a director, is a partner in the law firm of Harvey and Battey, PA, which South Carolina Bank and Trust, N.A. engaged as counsel in 2005 and may engage during the current fiscal year. In 2005, the Company made payments totaling $2,119 to Harvey and Battey, PA. Mr. Battey also has a 20% interest in a partnership that leases an office building to South Carolina Bank and Trust, N.A., in Beaufort, South Carolina. Annual lease payments to the partnership under this lease are approximately $138,951.

Dalton B. Floyd, Jr., a director, is President of The Floyd Law Firm, PC, which SunBank, N.A. and Sun Bancshares, Inc. engaged as counsel during 2005. SCBT Financial Corporation is likely to engage in services with the firm during the current fiscal year. In 2005, SunBank, NA, made payments totaling $9,502 to The Floyd Law Firm, PC. Director Floyd also has a 50% interest in a corporation that leases to SunBank a lot upon which a branch of SunBank resides at the intersection of Riverwood Drive and Highway 17 Bypass in Murrells Inlet, SC. The rent payments paid by SunBank under this lease during 2005 were approximately $101,642.

R. Caine Halter, a director, is managing partner with a 6.25% personal interest and an additional 1.7% interest through a family limited partnership in a single asset company that owns an office building in Greenville, SC which serves as the Upstate headquarters for South Carolina Bank and Trust, N.A. During 2005, the Company's lease payments to the partnership under this lease were $90,705.

Thomas E. Suggs, a director, is President and Chief Executive Officer of Keenan and Suggs, Inc., an insurance brokerage and consulting firm that the Company used during 2005 and will use during the current fiscal year as an insurance broker for certain policies. In 2005, the Company made payments to Keenan and Suggs, Inc., as the Company's insurance placement agent, totaling $544,124. Keenan and Suggs, Inc. pays most of these funds, net of its agency commissions which the firm recognizes as revenue, to the various insurance companies providing insurance coverages to SCBT Financial Corporation or its subsidiaries. Keenan and Suggs, Inc. specifies that it recognized $48,905 in revenue in 2005 based on this activity.

3/15/2005 Proxy Information

The Company's banking subsidiaries have loan and deposit relationships with some of the directors of the Company and its subsidiaries and loan, deposit, and fee-for-service relationships with some of the companies with which the directors are associated, as well as with some members of the im3/15/2005mediate families of the directors. (The term "members of the immediate families" for purposes of this paragraph includes each person's spouse, parents, children, siblings, mother and father-in-law, sons and daughters-in-law, and brothers and sisters-in-law.) Such loan, deposit, or fee relationships were made in the ordinary course of business, were made on substantially the same terms, including interest rates, collateral and fee pricing as those prevailing at the time for comparable transactions with other persons, and did not, at the time they were made, involve more than the normal risk of collectibility or present other unfavorable features.

Robert R. Horger, Chairman of the Board of the Company, and Colden R. Battey, Jr., a director, are partners in the law firms of Horger, Barnwell & Reid and Harvey and Battey, PA, respectively, both of which South Carolina Bank and Trust, N.A. engaged as counsel during 2004 and may engage during the current fiscal year.

Thomas E. Suggs, a director, is President and Chief Executive Officer of Keenan and Suggs, Inc., an insurance brokerage and consulting firm that the Company used during 2004 and will use during the current fiscal year as an insurance broker for certain policies. In 2004, the Company made payments to Keenan and Suggs, Inc., as the Company's insurance placement agent, totaling $212,434. Keenan and Suggs, Inc. pays these funds, net of its agency commissions, to the various insurance companies providing insurance coverages to SCBT Financial Corporation or its subsidiaries.

Colden R. Battey, Jr., a director of the Company, has a 20% interest in a partnership that leases an office building to South Carolina Bank and Trust, N.A., in Beaufort, South Carolina. Annual lease payments to the partnership under this lease are approximately $138,950.