SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
February 27, 1998
First Financial Holdings, Inc.
(Exact name of registrant as specified in charter)
Delaware 0-17122 57-0866076
State or other Commission I.R.S. Employer
jurisdiction of File Number I. D. number
incorporation
34 Broad Street, Charleston, South Carolina 29401
(Address of principal executive offices)
(803) 529-5800
Registrant's telephone number (including area code)
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Item 5. Other Events
On February 27, 1998, First Financial Holdings, Inc.
announced that its Board of Directors declared a two-for-one
common stock split to be effected in the form of a 100
percent stock dividend. The stock dividend is payable March
27, 1998, to stockholders of record as of the close of
business on March 13, 1998.
Item 7. Financial Statements, Pro Forma Financial
Information and Exhibits
Exhibit (1). Press release dated February 27, 1998.
SIGNATURES
Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly
authorized.
FIRST FINANCIAL HOLDINGS, INC.
/S/ A. Thomas Hood
A. Thomas Hood
President and Chief
Executive Officer
Date: February 27, 1998
<PAGE>
Exhibit 1
Press release dated February 27, 1998
<PAGE>
Contact: Susan E. Baham
Senior Vice President
(803) 529-5601
FIRST FINANCIAL HOLDINGS, INC. ANNOUNCES
TWO-FOR-ONE STOCK SPLIT
Charleston, South Carolina (February 27, 1998) - First
Financial Holdings, Inc. (NASDAQ: FFCH) today announced that
on February 26, 1998, its Board of Directors declared a two-
for-one common stock split to be effected in the form of a
100 percent stock dividend. The stock dividend is payable
March 27, 1998, to stockholders of record as of the close of
business on March 13, 1998.
The additional shares will be issued automatically and no
action is required by shareholders in order to receive the
stock dividend.
First Financial is the multiple thrift holding company
for First Federal Savings and Loan Association of Charleston
and Peoples Federal Savings and Loan Association of Conway.
The Associations operate a total of 34 offices in South
Carolina located in the Charleston Metropolitan area and
Horry, Georgetown and Florence Counties, a loan origination
office in coastal North Carolina and a private banking
office in Hilton Head, South Carolina.
