SCBT Financial Corporation Closes $29.9 Million Stock Offering

COLUMBIA, S.C.--(Business Wire)--
SCBT Financial Corporation (NASDAQ: SCBT) announced the closing of its
previously announced public offering of 1,300,000 shares of common stock in
which it raised approximately $29.9 million. The net proceeds of the offering,
underwritten through Keefe, Bruyette & Woods, Inc. and Sandler O'Neill &
Partners, L.P., were approximately $27.9 million. The underwriters have a 30-day
option to purchase up to an additional 15 percent of the offered amount of
common stock from SCBT to cover over-allotments, if any.

The offering of the common shares was made pursuant to a registration statement
previously filed and declared effective by the Securities and Exchange
Commission on March 31, 2009, and the related prospectus supplement filed on May
13, 2009. Copies of the prospectus supplement and accompanying base prospectus
relating to this offering may be obtained without charge from the SEC`s website
at http://www.sec.gov or by contacting Keefe Bruyette & Woods, Equity Capital
Markets, 787 Seventh Avenue, Fourth Floor, New York, NY 10019, (800) 966-1559.

This news release does not constitute an offer to sell or a solicitation of an
offer to buy the securities described herein, nor shall there be any sale of
these securities in any state or jurisdiction in which such an offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such jurisdiction.

SCBT Financial Corporation, Columbia, South Carolina is a registered bank
holding company incorporated under the laws of South Carolina. The company
operates through SCBT, N.A., the third largest bank headquartered in South
Carolina, and NCBT, a Division of SCBT, N.A. Providing financial services for
over 75 years, SCBT Financial Corporation operates 49 financial centers in 16
South Carolina counties and Mecklenburg County in North Carolina. SCBT Financial
Corporation has assets of approximately $2.8 billion and its stock is traded
under the symbol SCBT in the NASDAQ Global Select Market.

Cautionary Statement Regarding Forward Looking Statements

Statements included in this press release which are not historical in nature are
intended to be, and are hereby identified as, forward looking statements for
purposes of the safe harbor provided by Section 21E of the Securities Exchange
Act of 1934. SCBT Financial Corporation cautions readers that forward-looking
statements are subject to certain risks and uncertainties that could cause
actual results to differ materially from forecasted results. Such risks and
uncertainties, include, among others, the following possibilities: (1) credit
risk associated with an obligor's failure to meet the terms of any contract with
the bank or otherwise fail to perform as agreed; (2) interest risk involving the
effect of a change in interest rates on both the bank's earnings and the market
value of the portfolio equity; (3) liquidity risk affecting the bank's ability
to meet its obligations when they come due; (4) price risk focusing on changes
in market factors that may affect the value of traded instruments in
"mark-to-market" portfolios; (5) transaction risk arising from problems with
service or product delivery; (6) compliance risk involving risk to earnings or
capital resulting from violations of or nonconformance with laws, rules,
regulations, prescribed practices, or ethical standards; (7) strategic risk
resulting from adverse business decisions or improper implementation of business
decisions; (8) reputation risk that adversely affects earnings or capital
arising from negative public opinion; (9) terrorist activities risk that results
in loss of consumer confidence and economic disruptions; (10) economic downturn
risk resulting in deterioration in the credit markets; (11) greater than
expected non-interest expenses; (12) excessive loan losses; (13) restrictions
imposed under the United States Treasury's Capital Purchase Program; (14) the
possibility that our company may not be able to repurchase some or all of the
securities issued to United States Treasury under the Capital Purchase Program;
(15) volatile capital markets; and (16) other factors, which could cause actual
results to differ materially from future results expressed or implied by such
forward-looking statements.

Media Contact: Donna Pullen (803) 765-4558

Analyst Contact: Robert R. Hill, Jr. (803) 765-4629

Copyright Business Wire 2009