Mailing List Update

To confirm your mailing address and to provide your e-mail address, please click here for the update form. Complete and sign the form and return it to South Atlantic Bank via e-mail (investorrelations@southatlanticbank.com) or via U.S. mail using the address below:

South Atlantic Bank
Investor Relations
P.O. Box 70130
Myrtle Beach, SC 29572

If you prefer, you may drop it off at either of our offices or fax it to 843.839.0980.

We will not share your e-mail address with any other person or company and will use it only to send you occasional messages.

The common stock of South Atlantic Bancshares, Inc. is privately held and is not listed on any exchange. There have been 24 known trades for the year ending December 31, 2010. As of December 31, 2010, there were 335 shareholders of record.

The ability of South Atlantic Bancshares to pay cash dividends is dependent upon receiving cash in the form of dividends from South Atlantic Bank. However, certain restrictions exist regarding the ability of the Bank to transfer funds to the Company in the form of cash dividends. All of the Bank’s dividends to the Company are payable only from the undivided profits of the bank.

Click here to view our:

2010 Annual Report

2011 Proxy Statement

Corporate Office	Registrar and Transfer Agent
South Atlantic Bancshares, Inc. 630 29^th Avenue North Myrtle Beach, South Carolina 29577 843.839.0100 SouthAtlanticBank.com	First Shareholder Services Institutional Advisory Services Mail Code FCC61 P.O. Box 29522 Raleigh, North Carolina 27626-0522 Toll-free: 1.866.215.2480 firstshareholderservices.com

Please contact Richard N. Burch for information regarding the common stock of South Atlantic Bancshares, Inc. at 843.839.4412 or use the convenient form below.

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