Wachovia Deposit Conversion Information

As part of our merger process we will be converting our financial centers to serve you under the Wachovia name and brand. Once this process is complete, you will have full service access to your accounts at over 3,200 financial centers and 5,300 ATMs from Connecticut to Florida, from the Carolinas to Texas.

Further information regarding the proposed merger is available in the joint proxy statement/prospectus, and the information contained in this Q&A is subject to, and qualified in its entirety by reference to, the joint proxy statement/prospectus. Shareholders are urged to read the joint proxy statement/prospectus regarding the proposed merger.

Additional Information Regarding Proposed Merger with SouthTrust
The proposed merger between Wachovia and SouthTrust will be submitted to Wachovia's and SouthTrust's shareholders for their consideration. Shareholders are urged to read the definitive joint proxy statement/prospectus regarding the proposed transaction and any other relevant documents filed with the SEC, as well as any amendments or supplements to those documents, because they will contain important information. You will be able to obtain copies of all documents filed with the SEC regarding the proposed merger, free of charge, at the SEC's Internet site www.sec.gov. You will also be able to obtain these documents, free of charge, at www.wachovia.com or at www.southtrust.com.

DEPOSIT CONVERSION INFORMATION