Forbes Magazine applauds AmSouth Bancorporation operation

AmSouth Bancorporation has been ranked No. 7 in the Top 10 Best Managed Banking Companies in America by Forbes Magazine and as No. 13 in the Top 20 All-Star banks by US Banker Magazine. Forbes based its ranking upon a five-year annualized total return of 18.2 percent. US Banker's ranking was based

upon AmSouth's return on equity of more than 20 percent compared with an industry average of 12.7 percent. US Banker also ranked AmSouth's CFO, Beth Mooney, fifth among chief financial officers in banking. We are pleased that AmSouth has been recognized by these two national publications for strong performance for shareholders, said Dowd Ritter, chairman, president and CEO of AmSouth. An investment of $10,000 in November 2000 with dividends reinvested was worth more than $22,401 at the end of November 2005, the time period used by Forbes. A similar investment in the S&P 500 would have been worth $10,321.AmSouth is a regional bank holding company with more than $50 billion in assets, more than 680 branch banking offices and more than 1,200 ATMs. AmSouth operates in Florida, Tennessee, Alabama, Mississippi, Louisiana and Georgia.