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                                   EXHIBIT 99

                             SOUTHBANC SHARES, INC.
                   DIVIDEND REINVESTMENT PLAN ENROLLMENT CARD

      I (We) hereby appoint  ChaseMellon  Shareholder  Services,  L.L.C. (or any
successor) as my (our) agent to receive cash dividends that may hereafter become
payable  to me (us) on shares of common  stock,  $0.01 par value per  share,  of
SouthBanc Shares,  Inc. ("Common Stock")  registered in my (our) names(s) as set
forth below, and authorize  ChaseMellon  Shareholder  Services,  L.L.C. to apply
such dividends to the purchase of full shares and fractional  interest in shares
of such Common Stock.

      I (We)  acknowledge  that the  purchase  will be made  under the terms and
conditions  of the  Dividend  Reinvestment  Plan  ("Plan") as  described  in the
Prospectus (and any supplements thereto),  receipt of which by me (us) is hereby
acknowledged.  I (We) also  acknowledge  that I (we) may revoke this appointment
and  authorization at any time by notifying  ChaseMellon  Shareholder  Services,
L.L.C., in writing,  of my (our) desire to terminate my (our)  participation.  I
(We) also authorize ChaseMellon Shareholder Services, L.L.C. to take all  action
provided for in the Plan.

      Please indicate you participation below:

[  ]  Full dividend reinvestment on all shares of Common Stock now or  hereafter
      registered in my (our) name(s).

[  ]  Partial  dividend  reinvestment  on  only ______  shares  of  Common Stock
      registered in my (our) name(s).


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Please Print Name(s) Exactly as Shown on Stock Certificate(s)



__________________________________________
Signature



__________________________________________
Signature


THIS IS NOT A PROXY.  RETURN THIS CARD ONLY IF YOU WISH TO PARTICIPATE IN
        ---
THE PLAN.