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First Union and Wachovia

Contact:   Mary Beth Navarro
(704) 374-2292

July 25, 2003
AMERICAN IDOL CLAY AIKEN AND NYC MAYOR BLOOMBERG JOIN WACHOVIA FOR GRAND OPENING CELEBRATION MONDAY

CHARLOTTE, N.C., - Wachovia Bank, N.A., one of America's leading customer service banks and the largest retail bank on the East Coast, opens its first two Manhattan retail financial centers, Monday, July 28, in Rockefeller Plaza and at Madison Avenue & 45th. The financial centers offer smarter, easier ways to manage money for customers in Manhattan.

WHAT: Clay Aiken, the American Idol runner-up whose single, "This is the Night," has sold more than a million copies, denoting the single as platinum, and NYC Mayor Michael Bloomberg join Wachovia (wa-KO-vee-ah) executives and employees for a celebratory ribbon cutting and press conference Monday, July 28. The ceremony will include brief remarks from all participants and a public Q&A session, followed by an opportunity for private one-on-one interviews and photos, including interviews with Clay Aiken. Other activities that day include Wachovia street teams, a contest to win one of two $5,000 Wachovia accounts, Krispy Kreme donuts for the masses, and more.
PARTICIPANTS: Clay Aiken, American Idol Runner-Up, Currently on American Idols Live Tour
NYC Mayor Michael Bloomberg
Ben Jenkins, Head of the General Bank, Wachovia Corp.
Reggie Davis, CEO, Atlantic Region, Wachovia Bank, N.A.
Jim Fitzgerald, Regional President, New York/Connecticut, Wachovia Bank
WHEN: Monday, July 28, 2003
7:30 a.m. - 8:30 a.m.
WHERE: Wachovia Financial Center
49 Rockefeller Plaza, Suite F
New York, NY 10020
CONTACT: David White, 336.774.9229 (w); 336.406.5622 (cell)
Kris Kriofske, 336.774.9229 (w); 336.577.7542 (cell)
Fran Durst, 908.598.3062
Mary Beth Navarro, 704.374.2292
SATELITE: Satellite coordinates for the July 28th Manhattan branch opening VNR:
Feed time: 10:30 a.m. - 10:45 a.m., July 28
Telstar 6, Transponder 14
11966.5 Horizontal

During the next 18 months, Wachovia plans to build additional financial centers in Manhattan and expand its existing ATM network throughout the city.

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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. Its four core businesses, the General Bank, Capital Management, Wealth Management and the Corporate and Investment Bank, serve nine million households, including 900,000 businesses, primarily in 11 East Coast states and Washington, D.C. Its broker-dealer, currently operating under the names Wachovia Securities, LLC, and Prudential Securities Division of Wachovia Securities, LLC, serves clients through 700 offices in 48 states. Global services are provided through more than 30 international offices. Online banking and brokerage products and services also are available through wachovia.com.

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