Southeastern Banking Corporation Announces Fourth Quarter 2008 Dividend

Share Name	Share Symbol	Market	Type
Skandinaviska Enskilda Banken	TG:SEBC	Tradegate	Ordinary Share

Share Name

Share Symbol

Market

Type

Skandinaviska Enskilda Banken

TG:SEBC

Tradegate

Ordinary Share

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.14	1.00%	14.10	14.02	14.14				0.00	22:50:14

Price Change

% Change

Share Price

Bid Price

Offer Price

High Price

Low Price

Open Price

Shares Traded

Last Trade

0.14

1.00%

14.10

14.02

14.14

0.00

22:50:14

Southeastern Banking Corporation Announces Fourth Quarter 2008 Dividend

13/11/2008 7:54pm

PR Newswire (US)

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DARIEN, Ga., Nov. 13 /PRNewswire-FirstCall/ -- Southeastern Banking Corporation (OTC:SEBC) (BULLETIN BOARD: SEBC) announced today that its Board of Directors approved a 50% reduction in the quarterly dividend from $0.25 per share to $0.125 per share. The reduction reflects management's proactive management of capital through a period of economic uncertainty in the financial industry. The dividend reduction strengthens the Company's overall balance sheet by retaining not only capital but also cash. The announced dividend will be payable December 10 to shareholders of record at the close of business on November 26. Southeastern Banking Corporation is the parent holding company of Southeastern Bank, headquartered in Darien, Georgia. DATASOURCE: Southeastern Banking Corporation CONTACT: Alyson G. Beasley, Vice President, or Wanda D. Pitts, Secretary, both of Southeastern Banking Corporation, +1-912-437-4141 Web site: http://www.southeasternbank.com/

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SEBC Skandinaviska Enskilda Banken