The Colonial BancGroup, Inc. (NYSE: CNB) announced that it will participate in Morgan Keegan's Equity Conference to be held September 6 and 7, 2007 in Memphis, Tennessee. Colonial's executive management is scheduled to give a presentation on September 6th at 10:10 a.m./central.

Colonial will also participate in the Lehman Brothers Financial Services Conference to be held September 10-12, 2007 in New York. Executive management is scheduled to give a presentation on September 11th at 10:15 a.m./eastern.

Both presentations may be accessed by going to ?Investor Relations? and then ?Events and Presentations? on the company's website, www.colonialbank.com.

The Colonial BancGroup, Inc. operates over 300 branches in Florida, Alabama, Georgia, Nevada and Texas with more than $23 billion in assets. The Company's common stock is traded on the New York Stock Exchange under the symbol CNB.

The Colonial BancGroup, Inc.
Lisa Free, 334-676-5105