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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

For the years ended December 31, 1999, 1998, and 1997, the Parent Company paid income taxes of $103 million, $91 million, and $93 million, respectively, and interest in the amount of $5 million each year.

The amount of dividends paid to the Parent Company from each of the subsidiary banks is limited by various banking regulatory agencies. The amount of cash dividends available from subsidiary banks for payment in 2000, in the aggregate, without prior approval from the banking regulatory agencies, is approximately $109,655,000. In prior years, certain Synovus banks have received permission and have paid cash dividends to the Parent Company in excess of these regulatory limitations.