Capital City Bank Group, Inc. Announces Quarterly Dividend

TALLAHASSEE, Fla., Nov. 25, 2008 (GLOBE NEWSWIRE) -- The Board of Directors of Capital City Bank Group, Inc. (Nasdaq:CCBG) declared the company's quarterly cash dividend in the amount of $.19 per share of the common stock. This represents an increase of 2.70% over the prior quarter dividend of $.185 per share. The cash dividend is payable on December 22, 2008 to shareowners of record as of December 8, 2008. The annualized dividend yield is 2.58% based on a closing stock price of $29.44 on November 24, 2008.

ABOUT CAPITAL CITY BANK GROUP, INC.

Capital City Bank Group, Inc. (Nasdaq:CCBG) is one of the largest publicly traded financial services companies headquartered in Florida and has approximately $2.5 billion in assets. The Company provides a full range of banking services, including traditional deposit and credit services, asset management, trust, mortgage banking, merchant services, bankcards, data processing and securities brokerage services. The Company's bank subsidiary, Capital City Bank, was founded in 1895 and now has 68 banking offices, one mortgage lending office, and 80 ATMs in Florida, Georgia and Alabama. Since 2005, the Company has been named as a Dividend Achiever by Mergent, Inc., a leading provider of information on publicly traded companies. To be named a Dividend Achiever, a public company must have increased its regular cash dividends for at least 10 consecutive years. For more information about Capital City Bank Group, Inc., visit www.ccbg.com.

CONTACT:  Capital City Bank Group, Inc.
          J. Kimbrough Davis, Executive Vice President and
           Chief Financial Officer
          850.402.7820

Released November 25, 2008