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Media Contact:   Mary Eshet
(704) 383-7777

Media Contact:   Christy Phillips Brown
(704) 383-8178

Investor Contact:   Alice Lehman
(704) 374-4139

Investor Contact:   Jeff Richardson
(704) 383-8250

June 15, 2004
Wachovia General Bank President Presents at Piper Jaffray Retail Banking Symposium

CHARLOTTE, N.C. - Ben Jenkins, President of Wachovia's General Banking Group, will present on Thursday, June 17, at the Piper Jaffray Retail Banking Symposium. This presentation will be available via live audio webcast beginning at 9:15 a.m. ET June 17 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 June 17, until 5:00 p.m. ET July 15.

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 $411.0 billion, market capitalization of $61.7 billion and stockholders' equity of $33.3 billion at March 31, 2004. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve 12 million client relationships (including households and businesses), primarily in 11 East Coast states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, serves clients in 49 states. Global services are provided through 32 international offices. Online banking and brokerage products and services also are available through Wachovia.com.

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