First Horizon Announces Public Offering of Depositary Shares Representing Series A Preferred Stock

First Horizon Announces Public Offering of Depositary Shares Representing
Series A Preferred Stock

MEMPHIS, Tenn., Jan. 24, 2013 (GLOBE NEWSWIRE) -- First Horizon National
Corporation (NYSE:FHN) announced today a public offering of depositary shares,
each representing 1/4,000th interest in a share of its Non-Cumulative
Perpetual Preferred Stock, Series A. First Horizon intends to grant the
underwriters a 30-day option to purchase additional depositary shares solely
to cover over-allotments, if any. First Horizon intends to use the net
proceeds of this offering for general corporate purposes.

J.P. Morgan Securities LLC, Citigroup Global Markets Inc., and Goldman, Sachs
& Co. are acting as joint book-running managers for the depositary shares

The offering will be made under First Horizon's shelf registration statement
filed with the Securities and Exchange Commission.

This press release is neither an offer to sell nor a solicitation of an offer
to buy depositary shares, nor shall there be any offer or sale of depositary
shares in any jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the securities laws of
such jurisdiction. The offering of these securities will be made only by means
of a Prospectus and a related Prospectus Supplement. Copies of the Prospectus
and Preliminary Prospectus Supplement relating to the depositary shares
offering may be obtained from J.P. Morgan Securities LLC, 383 Madison Avenue,
New York, NY 10179, Attn.: Investment Grade Syndicate Desk, phone (212)
834-4533, or from Citigroup Global Markets Inc., c/o Broadridge Financial
Solutions, 1155 Long Island Avenue, Englewood, NY 11717, phone (800) 831-9146,
or from Goldman, Sachs & Co., Attn.: Prospectus Dept., 200 West St., New York,
NY 10282, fax (212) 902-9316, e-mail

About First Horizon

The 4,500 employees of First Horizon National Corp. (NYSE:FHN) provide
financial services through more than 170 First Tennessee Bank locations in and
around Tennessee and 19 FTN Financial Group offices in the U.S. and abroad.
First Tennessee has the leading combined market deposit share in the counties
where it does business and one of the highest customer retention rates of any
bank in the country. FTN Financial is a capital markets industry leader in
fixed income sales, trading and strategies for institutional clients in the
U.S. and abroad. FHN has been recognized as one of the nation's best employers
by AARP and Working Mother magazines. More information is available at


CONTACT: First Horizon Media Relations
         Kim Cherry, (901) 523-4380
         First Horizon Investor Relations
         Aarti Bowman, (901) 523-4017

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