Bank of South Carolina Corporation Declares Dividend

CHARLESTON, S.C., June 19 /PRNewswire-FirstCall/ -- The Board of Directors
of Bank of South Carolina Corporation, (Nasdaq: BKSC) the parent Company for
The Bank of South Carolina, declared a $.16 per share quarterly dividend
payable July 31, 2008 to shareholders of record as of July 1, 2008. This is
the 75th consecutive quarterly dividend paid by Bank of South Carolina
Corporation. Hugh C. Lane, Jr., President and Chief Executive Officer of The
Bank of South Carolina, stated, "This month the US Banker magazine listed the
200 most profitable community banks in the country based on a three year
average return on equity. The Bank of South Carolina was ranked number 2 in
South Carolina and number 57 in the Nation, with a three year average return
on equity of 15.96."
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 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: Alternate Display Facility, Archipelago Stock
Exchange, Automated Trading Desk, Citadel Derivative Group, LLC, Citigroup
Global Markets, Inc., Hill, Thompson, Magid and Company, Howe Barnes
Investments, Hudson Securities, Inc., JJB Hilliard WL Lyons, Knight Equity
Markets, LP, Merrill Lynch, Monroe Securities Inc., Morgan Keegan & Company,
Inc., Nasdaq Execution Services, LLC, Sandler O'Neill & Partners, Scott &
Stringfellow, Inc., Stern, Agee & Leach, Inc., Susquehanna Financial Group,
LLLP, Susquehanna Financial Group and USB Securities, LLC.
SOURCE Bank of South Carolina Corporation

William L. Hiott, Jr. of Bank of South Carolina Corporation, +1-843-724-1500