STUART, FL., August 21, 2007 ¿ The board of directors of Seacoast Banking Corporation of Florida (NASDAQ-NMS:SBCF), a bank holding company whose principal banking subsidiary is Seacoast National Bank, today declared a third quarter cash dividend on the Company's common stock of $0.16 per share, an indicated annual dividend of $0.64. The dividend is payable on September 28, 2007 to shareholders of record on September 21, 2007.

Headquartered in Stuart, Florida, Seacoast has approximately $2.3 billion in assets and ranks among the largest publicly traded community banks in the state of Florida. With 43 offices in South and Central Florida, Seacoast¿s markets include some of the wealthiest and fastest growing areas of the nation.