EXHIBIT 99.1

For Information Contact:
J. Kimbrough Davis
Executive Vice President and Chief Financial Officer
(850) 671-0300
jkd@ccbg.com

News Release
For Immediate Release
November 3, 2004

Capital City Bank Group, Inc. Announces
 Trust Preferred Securities Transaction

TALLAHASSEE, Florida -- Capital City Bank Group, Inc. (NASDAQ: CCBG) announced
that its newly formed Delaware trust subsidiary, CCBG Capital Trust I, completed
on Monday, November 1, 2004, a private sale of $30,000,000 of Floating Rate
Preferred Securities. The rate on these trust preferred securities is fixed for
five years. After five years, the rate adjusts quarterly at the three-month
LIBOR rate plus a specified percentage. The trust preferred securities mature on
December 31, 2034 and can be called without penalty on or after December 31,
2009.

The proceeds from the sale of the trust preferred securities will be used to
finance the continued growth of Capital City Bank.

The trust preferred securities issued in the transaction have not been
registered under the Securities Act of 1933 and may not be offered or sold in
the United States absent registration or an applicable exemption from
registration requirements.

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, credit cards, data
processing, and securities brokerage services. Founded in 1895, Capital City
Bank has 60 banking offices, five mortgage lending offices, 77 ATMs, and 11 Bank
'N Shop locations in Florida, Georgia and Alabama. For more information about
Capital City Bank Group visit us on the Web at http://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.
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