CONSENT OF INDEPENDENT ACCOUNTANTS
We consent to the incorporation by reference in the registration statement of
First South Bancorp, Inc. on Form S-8 (File number 333-49759) of our report
dated October 27, 2000, on our audits of the consolidated financial statements
of First South Bancorp, Inc. as of September 30, 2000 and 1999, and for each of
the three years in the period ended September 30, 2000, which report has been
included in this Annual Report on Form 10-K.
/s/ PricewaterhouseCoopers LLP
Raleigh, North Carolina
December 22, 2000
