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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:   Ellen Taylor
(704) 383-1381

Investor Contact:   Jeff Richardson
(704) 383-8250

November 12, 2004
WACHOVIA CEO KEN THOMPSON PRESENTS AT MERRILL LYNCH BANKING & FINANCIAL SERVICES INVESTOR CONFERENCE

CHARLOTTE, N.C. - Wachovia CEO Ken Thompson will present on Tuesday, November 16, at the Merrill Lynch Banking & Financial Services Investor Conference. This presentation will be available via live audio webcast beginning at 10:30 a.m. ET November 16 through Wachovia's Investor Relations home page at www.wachovia.com/investor. A replay of the webcast will be available beginning at 10:30 a.m. ET November 17 until 4:00 p.m. ET December 17.

Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve approximately 14 million client relationships (including households and businesses), primarily in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, serves clients in 49 states and Washington, D.C. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through wachovia.com.

At September 30, 2004, Wachovia had assets of $436.7 billion, stockholders' equity of $33.9 billion and market capitalization of $61.4 billion. SouthTrust, which Wachovia acquired on November 1, 2004, had assets of $53.8 billion and stockholders' equity of $4.7 billion.

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