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May 12, 2008
Wachovia Announces Jane Sherburne to Become New General Counsel
Effective upon Mark Treanor's retirement

CHARLOTTE, N.C.—Wachovia announced today that Jane Sherburne, currently General Counsel for Citigroup's Global Consumer Group, has accepted the position of General Counsel for Wachovia. She will assume the role later this summer when Mark Treanor retires. Treanor announced his intention to retire last year.

"Jane is a distinguished lawyer, and we're extremely pleased to have her join Wachovia's leadership team," said Ken Thompson, Wachovia President and CEO. "She brings a wealth of experience and in-depth knowledge to our company."
Before her current role at Citigroup, Sherburne served as a deputy general counsel overseeing that company's global litigation and providing corporate-level legal support. She has also served as special counsel to President Bill Clinton and was a partner at the Washington, D.C., firm of Wilmer Cutler & Pickering. She has degrees from the University of Minnesota and earned her Juris Doctor degree from Georgetown University Law Center, where she was editor of the law review.
In addition to serving as General Counsel, Sherburne will lead Wachovia's Legal Division, which includes lawyers, paralegals and support staff, as well as the Government Relations department.
About Wachovia
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, with assets of $808.9 billion and market capitalization of $53.8 billion at March 31, 2008. Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to customers through 3,300 retail financial centers in 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. Globally, clients are served in selected corporate and institutional sectors and through more than 40 international offices. Our retail brokerage operations under the Wachovia Securities brand name manage more than $1.1 trillion in client assets through 18,600 registered representatives in 1,500 offices nationwide. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com; and investment products and services at evergreeninvestments.com.

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Wachovia common stock trades on the New York Stock Exchange (NYSE) under the ticker symbol WB. Before the September 1, 2001, merger of First Union and the former Wachovia, the common stock traded on the NYSE as FTU.

Information on this site dated after September 1, 2001, is provided under the Wachovia name, while historical information dated before September 1, 2001, is provided under the First Union name. Please note that historical information may have become out of date and should not be considered current. Wachovia does not undertake any obligation to update the information as a result of new information or subsequent developments. In addition, any forward-looking information is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Factors that could cause results to differ from expectations may be found in Wachovia's reports filed with the SEC.