Capital City Bank Group, Inc. Announces Quarterly Dividend

TALLAHASSEE, Fla., Aug. 28, 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 $.185 per share of the common stock of the corporation. The cash dividend is payable on September 22, 2008 to shareowners of record as of September 8, 2008. The annualized dividend yield is 3.04% based on a closing stock price of $24.38 on August 27, 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 $2.7 billion in assets. The Company's bank subsidiary, Capital City Bank, was founded in 1895 and now has 69 banking offices, one mortgage lending offices, and 82 ATMs in Florida, Georgia, and Alabama. CCBG is traded on the NASDAQ market under the CUSIP number of 139674105.

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

Released August 28, 2008