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Media Contact: Mary Eshet
(704) 383-7777

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Investor Contact: Alice Lehman
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December 16, 2004
Wachovia Changes its Fourth Quarter Earnings Call Time to 8:00 a.m. ET on January 19, 2005

CHARLOTTE, N.C. - As previously announced, Wachovia plans to release its fourth quarter 2004 earnings results on Wednesday, January 19, 2005. Wachovia CEO Ken Thompson and CFO Bob Kelly will review Wachovia's fourth quarter results and provide a 2005 outlook via teleconference and live audio webcast beginning at 8 a.m. ET. This call had been previously scheduled to take place at 9 a.m. ET. The earnings release and additional materials will be available on the Internet at wachovia.com/investor at approximately 6 a.m. ET.

To participate, please access one of the following numbers no later than 7:50 a.m. ET:

Dial-In Number:

1-888-357-9787 for U.S. callers
1-706-679-7342 for International callers
Access code: Wachovia

Internet:

Audio webcast accessible at wachovia.com/investor

Before event begins, please click on the link for the Fourth Quarter Earnings audio webcast and download Media Player.

Telephone Replay:

Wednesday, January 19 at 10:30 a.m. ET and continuing through 5 p.m. ET, Friday, February 18. To listen to the replay, please dial 1-706-645-9291, Access code: 2884033

Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers, with retail operations from Connecticut to Florida and west to Texas, and retail brokerage operations nationwide. Its four core businesses, the General Bank, Capital Management, Wealth Management, and the Corporate and Investment Bank, serve approximately 14 million client relationships (including households and businesses), primarily in 15 states and Washington, D.C. Its full-service retail brokerage firm, Wachovia Securities, LLC, serves clients in 49 states and Washington, D.C. Global services are offered through 33 international offices. Online banking and brokerage products and services also are available through wachovia.com.

At September 30, 2004, Wachovia had assets of $436.7 billion, stockholders' equity of $33.9 billion and market capitalization of $61.4 billion and SouthTrust, which Wachovia acquired on November 1, 2004, had assets of $53.8 billion and stockholders' equity of $4.7 billion.