Beach First National Bancshares, Inc. Announces New Investor Relations Solution from IRWebLink

Business Wire, June 19, 2003

Business Editors

MYRTLE BEACH, S.C.--(BUSINESS WIRE)--June 19, 2003

Beach First National Bancshares, Inc. (OTC: BFBN), the parent company of Beach First National Bank, recently announced the launch of its new, enhanced investor relations web site - http://www.beachfirst.com. The site is powered by IRWebLink(TM), the leading investor relations web solution for publicly traded banks and thrifts.

"Our new site is the result of our on-going commitment to our investor relations efforts," noted Walter E. Standish III, President and Chief Executive Officer. "Our investors now have unparalleled access to the most up-to-date company news and financial data, as well as value added industry information such as deposit market share data and peer analysis."

IRWebLink, developed by SNL Financial, is the only investor relations web solution developed specifically for publicly traded banks and thrifts. IRWebLink offers detailed financial information and industry data as well as investor-friendly tools such as email alerts, interactive annual reports, information request forms, and a basis calculator.

More publicly traded depository institutions use IRWebLink than all other investor relations web solution combined. Learn more about IRWebLink at www.IRWebLink.com.

ABOUT BEACH FIRST NATIONAL BANCSHARES, INC.

Beach First National Bancshares, Inc. is the parent of Beach First National Bank, an $141 million financial institution headquartered in Myrtle Beach, South Carolina. Beach First operates offices in Myrtle Beach, Surfside Beach, North Myrtle Beach, and Hilton Head Island, South Carolina and offers a full line of banking products and services. The company's stock trades under the symbol BFNB.

ABOUT SNL FINANCIAL

Founded in 1987, SNL Financial (http://www.snl.com/) is the premier information and research firm covering the banking, insurance, specialized financial services, real estate and energy industries. SNL collects and standardizes all relevant corporate, financial, market and M&A data -- plus breaking news and analysis -- and disseminates this information through a variety of database and online services, news services, data publications, and custom research.