Press Release – February 6, 2002

Southern Financial Partners received a $200,000 grant and a $1 million loan from the Winthrop Rockefeller Foundation. Southern Financial Partners (“SFP”) is a non-profit affiliate of Southern Development Bancorporation.

Southern Financial Partners provides lending services, financial training and technical assistance to small businesses in rural Arkansas and Mississippi to stimulate economic growth.

Arkansas Enterprise Group announced today that it will change its name to Southern Financial Partners, effective immediately. Southern Financial Partners is a non-profit affiliate of Southern Development Bancorporation, an Arkansas-based community development bank holding company.