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PRESS RELEASES


Media Contact:   Leah Dering
704-383-0551

July 29, 2003
WACHOVIA SPONSORS TWO TREASURY SERVICES EXPOS IN AUGUST
Wachovia to present its combined product offering August 5, 2003, in St. David's, Pa. and August12, 2003 in Parsippany, N.J.

Charlotte, N.C. - Wachovia will host two Treasury Service expos in August, the company announced today. The first, on August 5, will be held in St. David's, Pa. The second, on August 12, will be held in Parsippany, N.J. These expos are designed to provide new and existing Wachovia clients an opportunity to learn more about the treasury management solutions offered by Wachovia, the nation's second-largest cash management provider.

"We are excited to be able to provide our customers with a relaxed environment in which they can familiarize themselves with the full range of cash management solutions Wachovia has to offer," said Ranjana Clark, head of Wachovia's Treasury Services Division. "This is a chance to educate customers on the potential efficiencies and bottom-line improvement for their own organizations made possible by implementing an integrated cash management system."

In addition to product displays and demonstrations, the expo will offer a series of concurrent sessions designed to provide insight into new treasury practices and overall industry developments. These sessions will run throughout the day, with topics including: a regulatory update on the USA PATRIOT and Sarbanes-Oxley Acts, treasury automation, NACHA electronic payment initiatives and treasury management in Canada and Mexico. Additionally, an economic update and a session on managing currency risk will be held.

Wachovia's Treasury Services Division will also host an exhibit hall where product consultants will showcase their unique solutions. Exhibits and demonstrations include:
  • Payables Solutions
  • Receivables Solutions
  • Information and Access Solutions
  • Deposit and Investment Solutions
  • Cash Concentration Solutions
  • International Treasury Management Solutions
  • Wachovia’s Treasury Consulting Group

The local chapter of the Association for Financial Professionals will also be staffing an exhibit booth, and Certified Cash Manager credit will be available for participants. CPE credit will also be given for CPA participants.

About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers throughout the East Coast and the nation, with assets of $364 billion and stockholders' equity of $32 billion at June 30, 2003. Wachovia is also the nation's second-largest treasury management services provider for both domestic and international treasury management and consulting services. Cash flow solutions include, among other products, e-commerce, integrated payables and receivables, information reporting via Web or PC, and risk management. The company operates full-service banking offices in 11 East Coast states and Washington, D.C., and offers retail brokerage services in 48 of the 50 states. Global services are provided through more than 30 international offices. Online banking and brokerage products and services are available through wachovia.com.

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