Capital City Bank Group, Inc. Announces Quarterly Dividend

TALLAHASSEE, Fla., May 22, 2008 (PRIME 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 June 23, 2008 to shareowners of record as of June 9, 2008. The dividend yield is 2.79% based on a closing stock price of $26.53 on May 21, 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, two mortgage lending offices, and 80 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 May 22, 2008