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PRESS RELEASES


Media Contact:   Mary Eshet
(704) 383-7777

Media Contact:   Christy Phillips Brown
(704) 383-8178

Investor Contact:   Alice Lehman
(704) 374-4139

Investor Contact:   Jeff Richardson
(704) 383-8250

March 27, 2006
Wachovia's Capital Management Head Presents at UBS Asset Gathering Conference

CHARLOTTE, N.C. - David Carroll, head of Wachovia's Capital Management Group, will present on Wednesday, March 29, at the UBS Asset Gathering Conference.  This presentation will be available via live audio webcast beginning at 8:35 a.m. ET March 29 through Wachovia's Investor Relations Web site at wachovia.com/investor. A replay of the webcast will be available beginning at 12:00 p.m. ET March 29 until 5:00 p.m. ET April 30.

Wachovia Corporation (NYSE:WB) is one of the nation’s largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia operates as Wachovia Bank through 3,131 offices in 15 states from Connecticut to Florida and west to Texas, and, until merger integration activity is completed, will continue to be known as Western Financial in California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and six Latin American countries, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $520.8 billion, market capitalization of $82.3 billion and stockholders’ equity of $47.6 billion at December 31, 2005.


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