First Security Group, Inc. Sets Date and Time for Announcement of First Quarter 2006 Results

First Security Group, Inc. (Nasdaq:FSGI) announced today that it will report financial results before the market opens on Tuesday, April 25, 2006.

Rodger B. Holley, Chairman, Chief Executive Officer and President of First Security Group, Inc., along with members of the First Security executive team will provide an overview of first quarter performance and business highlights in a conference call and simultaneous web cast to be held at 3 pm. E.T. Tuesday, April 25. The web cast can be accessed live via the corporate info/investor relations page on the company's website, www.FSGBank.com. The event will be archived on the First Security website for 30 days.

About First Security Group, Inc:

First Security Group, Inc. is a bank holding company headquartered in Chattanooga, TN with approximately $1.0 billion in assets. Founded in 1999, First Security Group's community bank subsidiary, FSGBank, N.A. has 37 full-service banking offices along the interstate corridors of East Tennessee and Northwest Georgia. In Dalton, GA, FSGBank operates six full-service banking offices under the name of Dalton Whitfield Bank and two offices under the name Primer Banco Seguro (PBS); PBS serves the region's rapidly growing Latino population. FSGBank also operates under the name of Jackson Bank & Trust along the I-40 corridor. FSGBank provides retail and commercial banking services, trust and investment management, mortgage banking, asset-based lending, financial planning, Internet banking (www.FSGBank.com) and equipment leasing through its wholly-owned subsidiaries, Kenesaw Leasing, Inc. and J & S Leasing Inc.

The First Security Group, Inc. logo is availableat http://www.primezone.com/newsroom/prs/?pkgid=1833

CONTACT: First Security Group, Inc.

William L. (Chip) Lusk Jr., Chief Financial Officer

(423) 266-2000

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