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Decker comes to Wachovia Securities after six years at Barclays Capital in London, where he served as the firm's head of Convertible Origination and was responsible for Barclays' convertible business in Europe and Asia. When he first joined Barclays, Decker was head of the Convertible Bond research team and managed a team of four analysts, covering European and Asian convertibles.

"We are extremely pleased with Doug's decision to join Wachovia's Equity Division," said Sanford. "He has a significant track record in managing equity-linked businesses, and we believe he will be a tremendous asset in the future growth of our platform."    

Before joining Barclays, Decker worked at Morgan Stanley for seven years in the firm's Convertible Securities Research area. He received both a bachelor's degree and a master's in business from Duke University.

"I am excited to join Wachovia and look forward to helping the firm grow the equity-linked business," said Decker.

Wachovia Securities is the trade name for the corporate, investment banking and capital markets businesses of Wachovia Corporation and its subsidiaries, including Wachovia Capital Markets, LLC (WCM) and Wachovia Securities International Limited. Wachovia Securities is also the trade name for the retail brokerage businesses of WCM's affiliates, Wachovia Securities, LLC, Wachovia Securities Financial Networks, LLC, Wexford Clearing, LLC, and First Clearing, LLC. Wachovia's proprietary research is branded Wachovia Research.

Wachovia Capital Markets, LLC, is a U.S. broker-dealer registered with the U.S. Securities and Exchange Commission and a member of the New York Stock Exchange, the Financial Industry Regulatory Authority, and the Securities Investor Protection Corp. Wachovia Securities International Limited is a U.K. incorporated investment firm authorized and regulated by the Financial Services Authority.

About Wachovia
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, with assets of $719.9 billion and market capitalization of $97.5 billion at June 30, 2007. Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to 13 million household and business customers. Wachovia has 3,400 retail financial centers in 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. Globally, clients are served in selected corporate and institutional sectors and through more than 40 international offices. Our retail brokerage operations under the Wachovia Securities brand name manage more than $795 billion in client assets through approximately 10,800 registered representatives in 774 offices in 48 states and through service affiliate offices in Latin America. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com; and investment products and services at evergreeninvestments.com.