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October 16, 2000
First Union Corporation to Make Quarterly Earnings Conference Call Accessible Via the Internet and the Telephone

Charlotte, N.C. - First Union Corporation announced today its intention to broadcast its third quarter earnings conference call via the Internet. The call will take place on Thursday, October 19, 2000, at 10:00 a.m. EDT, following the release of First Union's quarterly financial results. The audio webcast will be accessible through First Union's investor relations home page, at www.ftuinvestor.com. The conference call will also be available via telephone, at 1-888-677-1826 (confirmation code 33345). Recorded replays of the earnings conference call will be available on the web site, and by telephone (1-402-530-7747), beginning at 12:00 p.m. that day.

First Union (NYSE:FTU), with $258 billion in assets and stockholders' equity of $14 billion at June 30, 2000, is a leading provider of financial services to 15 million retail and corporate customers throughout the East Coast and the nation. The company operates full-service banking offices in 12 East Coast states and Washington, D.C., and full-service brokerage offices in 43 states. Online banking products and services can be accessed through www.ftuinvestor.com.


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