EXHIBIT 99.1
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                               PRESS RELEASE




                                                     For Information Contact:
                                                           J. Kimbrough Davis
                                                     Executive Vice President
                                                      Chief Financial Officer
                                                               (850) 671-0610

                                                                 News Release
                                       For Immediate Release February 4, 2005

   Capital City Bank Group Signs Agreement to Acquire First Alachua Banking
                                  Corporation


TALLAHASSEE, FL -- Capital City Bank Group, Inc. (Nasdaq: CCBG), announced
the signing of a definitive agreement to acquire First Alachua Banking
Corporation ("FABC"), headquartered in Alachua, Florida. FABC's wholly-owned
subsidiary, First National Bank of Alachua ("FNBA") has $229 million in
assets, seven offices located in Alachua County -- Gainesville (three),
Alachua, High Springs, Jonesville, Newberry -- and an eighth office in
Hastings, Florida, which is located in St. Johns County. FABC also has a
mortgage lending office in Gainesville and a financial services division.

Subject to certain potential adjustments, FABC shareowners will receive
$2,847.04 in cash and 71.176 shares of CCBG common stock for each of the
10,186 shares of FABC common stock issued and outstanding. Based on Capital
City's closing market price on Nasdaq on February 2, 2005, this cash and
stock combination equaled aggregate consideration of $58.2 million.

The acquisition, which is subject to regulatory approval, the approval of
FABC shareowners and other customary closing conditions, is scheduled to
close mid-year 2005. Excluding one-time, merger-related expenses, the
transaction is expected to be $.02 per share dilutive in 2005 and $.01 to
$.02 per share accretive in 2006.

Capital City Bank Group, Inc. President and Chief Executive Officer William
G. Smith, Jr., said, "First National Bank of Alachua has a strong history of
serving its clients for over 97 years. First National's senior management and
associates have done a tremendous job of providing quality products and
services to their clients and we look forward to them joining the Capital
City team. We will continue to build on the strong legacy of community
service provided by First National Bank. Their commitment to clients will
only be enhanced by the additional financial products and services offered by
Capital City."

The completion of this acquisition marks a significant expansion for Capital
City in north central Florida. Capital City Bank has several offices in
neighboring counties surrounding Gainesville, including Bell, Bronson,
Chiefland, Fanning Springs, Keystone Heights, Palatka, Starke, Trenton and
Williston. The acquisition of FABC will increase Capital City's assets to
$2.6 billion.

"Our customers will continue to receive the high-quality, hometown service
they are accustomed to receiving from our staff," said Jerry M. Smith,
President and Chairman of the Board of FABC and FNBA. "For nearly 100 years,
we have provided excellent service to our customers and I am confident this
commitment will continue under the Capital City name. They have built their
company around customer service and have an unprecedented commitment to
relationship banking."

About First Alachua Banking Corporation
First Alachua Banking Corporation is a financial services company and the
parent company of First National Bank of Alachua which was established in
1908. First National is headquartered in Alachua, Florida and has assets
totaling $229 million in eight offices in north central Florida. The Bank
offers its clients a variety of services including deposit services, loans,
ATMs, credit card merchant services, investment services, mortgage lending
and business accounts. First National Bank of Alachua's website is fnba.net.

About Capital City Bank Group, Inc.
Capital City Bank Group, Inc. is a $2.4 billion financial services company
headquartered in Tallahassee, Florida, providing traditional deposit and
credit services, asset management, trust, mortgage banking, bankcards, data
processing, and securities brokerage services. Founded in 1895, Capital City
Bank has 60 banking offices, five mortgage lending offices, 75 ATMs, and 11
Bank 'N Shop locations in Florida, Georgia and Alabama. For more information
about Capital City Bank Group, Inc. visit us on the Web at www.ccbg.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of
1995:  The matters discussed in this press release, that are not historical
facts, contain forward-looking information with respect to strategic
initiatives. Such forward-looking statements are based on current plans and
expectations, which are subject to a number of uncertainties and risks that
have been described in Capital City Bank Group's annual report on Form 10-K
for the fiscal year ended December 31, 2003, and the Company's other filings
with the Securities and Exchange Commission. These uncertainties and risks
could cause future results to differ materially from those anticipated by
such statements.