SYNOVUS FINANCIAL CORP — Director's Dealing 2006

May 5, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNOVUS FINANCIAL CORP (SNV)
CIK: 0000018349
Period of Report: 2006-05-04

Reporting Person: GRIFFITH G SANDERS III (Sr. EVP, GC and Sec)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-04	common stock	M	150	$22.00	Acquired	221877	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-05-04	employee stock option (right to buy)	$22.00	M	150	Disposed	2006-06-02	common stock (150)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
common stock	3409	Indirect
common stock	32	Indirect
common stock	32	Indirect

Footnotes

F1: Includes shares acquired through dividend reinvestment and purchases in the issuer's employee stock purchase plan.

F2: Includes shares acquired through dividend reinvestment.