Regions Again Ranked among 'Best Places to Work' in Technology.

BIRMINGHAM, Ala. -- Regions Financial Corporation (NYSE: RF) once again has been named by Computerworld as a top workplace for information technology professionals.

This year's "100 Best Places to Work in Information Technology" survey, the 12th annual, was published in

the June 27 issue of the International Data Group magazine and online at Computerworld.com. Regions, ranked No. 100, was one of few financial institutions named to the list, which was compiled from information gathered from employees in an online survey and from statistical profiles of companies and their IT organizations. This is the third consecutive year Regions has been included in the Top 100.

"The entire Regions team can be proud of this ranking," said Regions Chief Information Officer John R. Dick, who noted that the survey period encompassed the Regions-Union Planters merger of 2004.

"Since the merger, our IT group has worked successfully to combine the two organization's technology systems and divisions at the corporate and branch levels while continuing to advance the technology capabilities of the company, one of the nation's Top 15 financial services providers," said Dick. "This makes the associate feedback the survey ranking represents even more rewarding."

Computerworld's annual "Best Places to Work in IT" feature ranks the Top 100 work environments for technology professionals from U.S.-based companies with 2004 revenue of $250 million or greater, a minimum of 500 employees in the United States and a minimum of 100 IT employees in the United States. The nominated companies answer a comprehensive questionnaire regarding company offerings in categories such as benefits, diversity, career development, training and retention.

In addition, this year Computerworld surveyed more than 20,000 IT workers from the final 100 companies selected, and their responses factored heavily in determining the rankings. Topics covered in the employee survey included satisfaction with training and development programs, base salary, bonuses, health benefits and work/life balance. Employees were asked to rate morale in their IT departments and the importance of various benefits; they were also asked to rate the degree to which they agreed with a variety of statements relating to subjects ranging from career growth to management's fair and equal treatment of employees.

Regions has also been recognized as an innovative user of technology in CMP Media LLC's InformationWeek 500.

About Regions Financial Corporation

Regions Financial Corporation (NYSE: RF), headquartered in Birmingham, Ala., is a full-service provider of retail and commercial banking, trust, securities brokerage, mortgage, and insurance products and services. Regions had $84.3 billion in assets as of March 31, 2005, making it one of the nation's Top 15 financial services providers. Regions' banking subsidiary, Regions Bank (still doing business in some locations as Union Planters Bank), operates some 1,400 offices and a 1,700-ATM network across a 15-state geographic footprint in the South, Midwest and Texas. Its investment and securities brokerage, trust and asset management division, Morgan Keegan & Company Inc., provides services from nearly 250 offices. Additional information about Regions, which is a member of both the Forbes and Fortune 500 and has one of the top mortgage companies in the United States, can be found at www.regions.com.

About Computerworld

Computerworld, the "Voice of IT Management," is the most trusted source for critical information needs of senior IT management. Computerworld's integrated offerings form the U.S.-based hub of the world's largest (58-edition) global IT media network through its weekly publication, Computerworld.com website, focused conference series and custom research.

Computerworld is a business unit of International Data Group (IDG), the world's leading technology media, research and events company. A privately held company, IDG publishes more than 300 magazines and newspapers, including Bio-IT World, CIO, CSO, Computerworld, GamePro, InfoWorld, Network World and PC World. The company features the largest network of technology-specific Web sites, with more than 400 around the world. IDG is also a leading producer of more than 170 computer-related events worldwide, including LinuxWorld Conference & Expo(R), Macworld Conference & Expo(R), DEMO(R) and IDC Directions. IDC provides global market research and advice through offices in 50 countries. Company information is available at http://www.idg.com.