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BB&T declares 23-cent second-quarter dividend

                BB&T declares 23-cent second-quarter dividend

Board also declares preferred stock dividends

PR Newswire

WINSTON-SALEM, N.C., April 23, 2013

WINSTON-SALEM, N.C., April 23, 2013 /PRNewswire/ --The board of directors of
BB&T Corporation (NYSE: BBT) today declared a quarterly dividend of $0.23 per
common share payable June 3, 2013, to shareholders of record at the close of
business May 10, 2013. The dividend is a 15-percent increase from the same
quarter in 2012.

The board of directors has also declared the following:

  oA regular quarterly dividend of $121.875 per share (equivalent to
    $0.121875 per depositary share or 1/1,000^th interest per share) on BB&T's
    Series D Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrD), payable
    June 3, 2013, to shareholders of record as of the close of business May
    10, 2013.
  oA regular quarterly dividend of $117.1875 per share (equivalent to
    $0.1171875 per depositary share or 1/1,000^th interest per share) on
    BB&T's Series E Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrE),
    payable June 3, 2013, to shareholders of record as of the close of
    business May 10, 2013.
  oA regular quarterly dividend of $108.333 per share (equivalent to
    $0.108333 per depositary share or 1/1,000^th interest per share) on BB&T's
    Series F Non-Cumulative Perpetual Preferred Stock (NYSE: BBT PrF), payable
    June 3, 2013, to shareholders of record as of the close of business May
    10, 2013.

The preferred stock dividends represent payments from May 1-31 and are in
addition to those to be paid May 1 as previously announced in the
Corporation's Feb. 26 news release. Additional details about the preferred
stock dividend payments are included in BB&T's Special Meeting proxy statement
filed March 12. The related proposal was approved by the Corporation's
shareholders April 23.

BB&T has approximately 701 million shares of common stock, 23 million
depositary shares related to its Series D Non-Cumulative Perpetual Preferred
Stock, 46 million depositary shares related to its Series E Non-Cumulative
Perpetual Preferred Stock and 18 million depositary shares related to its
Series F Non-Cumulative Perpetual Preferred Stock. BB&T has paid a cash
dividend to shareholders of common stock every year since 1903.

About BB&T
BB&T (NYSE: BBT) is one of the largest financial services holding companies in
the U.S. with $181 billion in assets and market capitalization of $22.0
billion, as of March 31, 2013. Based in Winston-Salem, N.C., the company
operates 1,842 financial centers in 12 states and Washington, D.C., and offers
a full range of consumer and commercial banking, securities brokerage, asset
management, mortgage and insurance products and services. A Fortune 500
company, BB&T is consistently recognized for outstanding client satisfaction
by J.D. Power and Associates, the U.S. Small Business Administration,
Greenwich Associates and others. More information about BB&T and its full line
of products and services is available at www.BBT.com.

SOURCE BB&T Corporation

Website: http://www.bbt.com
Contact: ANALYSTS: Alan Greer, Executive Vice President, Investor Relations,
(336) 733-3021, AGreer@BBandT.com; MEDIA: Cynthia Williams, Senior Executive
Vice President, Corporate Communications, (336) 733-1478,
Cynthia.Williams@BBandT.com