SYNOVUS FINANCIAL CORP — Director's Dealing 2006

May 19, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2006-05-05

Reporting Person: BLANCHARD JAMES H (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-05	common stock	J	37999	—	Acquired	1162119	Direct
2006-05-19	common stock	M	150	$22.00	Acquired	1162269	Direct
2006-05-05	common stock	J	37999	—	Disposed	331	Indirect
2006-05-05	common stock	G	331	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-19	employee stock option (right to buy)	$22.00	M	150	Disposed	2006-06-01	common stock (150)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	91777	Indirect
common stock	169088	Indirect
common stock	124019	Indirect
common stock	14018	Indirect

Footnotes

F1: On May 5, 2006, the form of ownership of these shares changed when the shares were distributed from the reporting person's grantor retained annuity trust to the reporting person.

F2: Includes shares acquired through dividend reinvestment.