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Media Contact:   Ginny Mackin
(704) 383-3715

Media Contact:   Mary Eshet
(704) 383-7777

Investor Contact:   Alice Lehman
(704) 374-4139

Investor Contact:   Ellen Taylor
(704) 383-1381

April 05, 2002
Wachovia First Quarter Earnings Review Accessible Via the Internet and the Telephone on April 18, 2002

CHARLOTTE, N.C. - Wachovia plans to release its first quarter 2002 earnings results on Thursday, April 18, 2002. Wachovia President & CEO Ken Thompson and CFO Bob Kelly will review Wachovia's first quarter results via teleconference and live audio webcast, beginning at 10 a.m. EST. The earnings release and additional presentation and supplemental materials will be available on the Internet at http://wachovia.firstunion.com at approximately 7 a.m. EST.

To participate, please access one of the following numbers no later than 9:50 a.m. EST:

Dial-In Number:

1-888-282-0357 for U.S. callers
712-271-3620 for international callers
Access code: Kelly

Via Internet:

Audio webcast accessible at http://wachovia.firstunion.com

Internet Instructions:

Before event begins, please click on the link First Quarter Earnings audio webcast and download Real Player or Media Player.

A continuous telephone replay will be available:

Replay:

Thursday, April 18 at 12 p.m. and continuing through 5 p.m. EST, Monday April 22. To listen to the replay, please dial 402-220-5068.

Wachovia Corporation (NYSE:WB), created through the September 1, 2001 merger of First Union and Wachovia with assets of $330 billion and stockholders’ equity of $28 billion as of December 31, 2001, is a leading provider of financial services to 20 million retail, brokerage and corporate customers throughout the East Coast and the nation. The company operates full-service banking offices under the First Union and Wachovia names in 11 East Coast states and Washington, D.C., and offers full-service brokerage with offices in 49 states. Wachovia also provides global services through more than 30 international offices. Online banking and brokerage products and services are available through wachovia.com and firstunion.com.


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