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PRESS RELEASES


December 18, 1998
First Union Global Cash Management Ranks as Third Largest in 1998 Ernst & Young Survey

November 19, 1998
First Union's Global Cash Management Division Introduces Nationwide Lockbox Network

November 19, 1998
First Union's Global Cash Management Division Presents a Total Solution for Entire Billing Process

September 08, 1998
First Union Global Cash Management Launches WebACHieve

June 23, 1998
First Union Global Cash Management Holds Electronic Commerce Seminar

May 28, 1998
First Union Global Cash Management Holds Treasury Management Seminar

May 19, 1998
First Union Global Cash Management Commits $70 Million for Product Development

May 11, 1998
First Union Promotes Cash Management Head Nina Archer to Executive Vice President

April 06, 1998
First Union Gets "A+" Grades for Cash Management Products in National Phoenix-Hecht Quality Index

February 20, 1998
First Union Cash Management Ranks Among the Nation's Fastest Growing in Ernst & Young Survey


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