CHARLOTTE, N.C. — Grandbridge Real Estate Capital LLC, a subsidiary of BB&T Corporation (NYSE: BBT) principal subsidiary Branch Banking and Trust Company, celebrated a productive 2007 with $7 billion in commercial real estate financing production announced at the MBA’s Commercial Real Estate Finance/Multifamily Housing Convention in Orlando, Fla.

In addition to announcing overall corporate totals for the company, Grandbridge CEO Thomas S. Dennard presented individual production awards based on fees generated. Recipients included:

Top Producer / Individuals

• Mike Ortlip, Senior Vice President / Charlotte, NC
• Pat Dempsey, Senior Vice President / Milwaukee, WI

Top Producers / TeamM

• Scott Kavel, Senior Vice President & Richard Thomas, Vice President / Norcoss, GA

Chairman’s Award ($1,000,000 +)

• Mike Ortlip, Senior Vice President / Charlotte, NC
• Victor Picket, Senior Vice President / Norfolk, VA
• Carl Olzwaski, Senior Vice President / Washington, D.C.
• Jim Cope, Senior Vice President / Milwaukee, WI
• Pat Dempsey, Senior Vice President / Milwaukee, WI
• Al Rex, Senior, Vice President / Ft. Lauderdale, FL
• Lance Lehman, Senior Vice President / Ft. Lauderdale, FL

Chairman’s Award / Team ($1,000,000 +)

• Scott Kavel, Senior Vice President & Richard Thomas, Vice President / Norcoss, GA

President’s Award ($750,000 +)

• Matt Rocco, Senior Vice President / Naples, FL
• Richard Brinson, Senior Vice President / Mobile, AL
• Phil Payonk, Assistant Vice President / Charlotte, NC
• Tom Genetti, Vice President / Birmingham, AL
• Bob Hukill, Senior Vice President / Raleigh, NC
• Joe Platt, Vice President / Kansas City, MO
• David Rasmussen, Senior Vice President / Minneapolis, MN
• Mikko Erkamaa, Vice President / Milwaukee, WI
• David Gahagan, Vice President / Ft. Lauderdale, FL
• Phil Melton, Senior Vice President / Dallas, TX

President’s Award / Team ($750,000 +)

• Mike Dunn, Vice President & Matt Ruark, Vice President / Kansas City, MO

Additional awards were presented to those who generated $500,000 or more in fees.

Charlotte, N.C.-based Grandbridge Real Estate Capital LLC, a subsidiary of BB&T Corporation (NYSE: BBT) principal subsidiary Branch Banking and Trust Company, is one of the largest full-service commercial and multifamily mortgage banking companies in the nation, has a broad investor base that includes insurance companies, CMBS lenders, pension fund advisors, and commercial banks as well as a proprietary lending platform. Grandbridge is a Fannie Mae DUS^® (Delegated Underwriting and Servicing) lender, a Freddie Mac Program Plus^® seller/servicer and an active participant in multifamily products insured by the Federal Housing Administration (FHA).

The company arranges permanent commercial and multifamily real estate loans, services loan portfolios, and provides asset and portfolio management and real estate brokerage services. It operates production offices in 28 cities across the country. Grandbridge’s servicing portfolio was more than $21 billion as of Dec. 31.

With $132.6 billion in assets and nearly 1,500 financial centers in 11 states, Winston-Salem, N.C.-based BB&T Corporation (NYSE: BBT) is the nation’s 14th largest financial holding company. More information about the company is available at BBT.com.

Contacts

BUSINESS

Thomas S. Dennard
Grandbridge CEO
704.379.6910

David A. Roberts
Grandbridge President and COO
205.978.1841

MEDIA

Patricia Muse
Grandbridge Marketing
205.978.1139