Approval of Application by The Goldman Sachs Group, New York, New York

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Press Release

Approval of Application by The Goldman Sachs Group, New York, New York

July 18, 2011

NEW YORK—The Federal Reserve Bank of New York approved the application filed by The Goldman Sachs Group, Inc., New York, New York, to retain its indirect 9.0 percent interest of the outstanding common stock of Atlantic Capital Bancshares, Inc., which is the direct parent of Atlantic Capital Bank, both of Atlanta, Georgia, pursuant to Section 3(a)(3) of the BHC Act of 1956, as amended, and Section 225.15 of Regulation Y.

The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.

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