UPSTATE FINANCIAL SERVICES FIRM EXPANDS EDUCATIONAL EXPERTISE

COLONIAL AREA VP COMPLETES PROGRAM WITH UPDATED FEDERAL FINANCIAL REGULATIONS

(July 5 / Spartanburg, SC) Camp R. Wynn, CFA® and Vice President of Colonial Group – parent company of Colonial Trust Company and Colonial Asset Management – recently completed Cannon Trust School I at the University of North Carolina Charlotte.

Taught by Cannon Financial Institute, the school focused on Regulation 9, Property Law, Principal and Income Law, Estate and Gift Tax, Fiduciary Income Tax, Investments, Equities, Economics, Estate Administration, Agencies and Revocable Trusts, Powers of Appointment, Irrevocable Trusts (CRT, GRT, CLT, ILIT, QPERT, FLP); and Account Administration

Wynn said that the information he brought back to Colonial will ensure the company deliver sound advice in the areas of estate planning and financial strategies designed to meet client objectives in the areas of control and tax planning.

About Cannon Financial Institute, Inc.
Cannon Financial Institute is the nation’s acknowledged leader in consulting, training, and coaching for providers of wealth and investment management, trust, private banking, brokerage, insurance, and retirement plan services. Cannon’s reputation for providing results-oriented learning experiences for financial services professionals is built upon their superior quality of content, instructional design and delivery. Cannon’s trainers consistently earn outstanding marks for their industry-specific expertise, communication ability, and the use of innovative and practical approaches. These qualities produce training and consulting projects that are focused, relevant, and strategically valuable. For more information about Cannon, visit the website at http://www.cannonfinancial.com.

About Colonial Group, Inc.
Colonial Group, is the parent company of Colonial Trust Company (South Carolina's oldest private trust company established in 1913), and Colonial Asset Management. The company provides investment management, trust and estate services to its clients and manages assets under management totaling approximately $450 million at the end of 2004.

For more information about Colonial, visit the website at http://www.colonialgroup.com.

To make inquiries regarding this release, please contact Taft Matney by phone (864/505-8866), by fax (864/297-3871), or by e-mail (taft@taftmatney.com).

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