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WINSTON-SALEM, NC -- (MARKET WIRE) -- 02/01/07 -- Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) announced that its Board of Directors, at its regular meeting on January 24, 2007, declared a quarterly cash dividend of three and one-half cents ($0.035) per share on the Corporation's common stock. The dividend is payable on March 1, 2007 to shareholders of record as of the close of business on February 15, 2007. This is the Corporation's eighth consecutive quarterly dividend, following its former practice of annual cash dividends.
About the Company
Southern Community Financial Corporation is headquartered in Winston-Salem, North Carolina and is the holding company of Southern Community Bank and Trust, a community bank with twenty-one branches throughout North Carolina. Southern Community Financial Corporation's common stock and trust preferred securities are listed on The NASDAQ Global Select Market under the trading symbols SCMF and SCMFO, respectively. Additional information about Southern Community is available on its website at www.smallenoughtocare.com or by email at investor.relations@smallenoughtocare.com.
For Additional Information: F. Scott Bauer Chairman/CEO David Hinshaw CFO 336-768-8500
