Colonial BancGroup (NYSE:CNB) announced that it will participate in Keefe, Bruyette and Woods 2007 Regional Bank Conference to be held February 28 and March 1, 2007 at The Langham Hotel in Boston. Colonial BancGroup executive management is scheduled to give a presentation on February 28th at 9:30am/eastern. This presentation may be accessed by going to ?Investor Relations? and then ?Events and Presentations? at 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 $22 billion in assets. The Company's common stock is traded on the New York Stock Exchange under the symbol CNB.