The Colonial BancGroup, Inc. (NYSE:CNB) announced that it plans to release first quarter 2007 results before the market opens on Wednesday, April 18, 2007. Colonial's management will host a conference call on April 18, 2007 at 3:00 PM/ET to discuss the earnings results for the first quarter. Individuals are encouraged to listen to the live webcast of the presentation as well as view a slide presentation by visiting Colonial's web site at www.colonialbank.com. The webcast will be hosted under ?Events and Presentations? located under the ?Investor Relations? section of the web site. To participate in the Q&A session of the conference call, dial (800) 819-9193 or (913) 981-4911 Toll International, (Leader: Lisa Free).

A replay of the conference call will be available beginning at 6:00 PM/ET on April 18, 2007 and ending at midnight on April 25, 2007 by dialing (888) 203-1112 (Domestic Toll-Free) or (719) 457-0820 (Toll International). The passcode for both numbers is 4679607.

The Colonial BancGroup, Inc. operates over 300 branches in Florida, Alabama, Georgia, Nevada and Texas with more than $22 billion in assets. The Company's common stock is traded on the New York Stock Exchange under the symbol CNB.