Southeastern Banking Corporation Announces First Quarter 2005 Dividend DARIEN, Ga., March 18 /PRNewswire-FirstCall/ -- Southeastern Banking Corporation (OTC:SEBC) (BULLETIN BOARD: SEBC) announced today that its Board of Directors declared a regular cash dividend of $0.13 per share on its common stock for the first quarter of 2005. The dividend is payable on April 11, 2005 to shareholders of record at the close of business on March 25, 2005. Southeastern Banking Corporation is the parent holding company of Southeastern Bank and SBC Financial Services, Inc., both headquartered in Darien, Georgia. DATASOURCE: Southeastern Banking Corporation CONTACT: Alyson G. Beasley, Vice President, or Wanda D. Pitts, Secretary of Southeastern Banking Corporation, +1-912-437-4141 Web site: http://www.southeasternbank.com/

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