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Contact:   Tara Bullock
(704) 383-8164

July 28, 1998
First Union Hits a Home Run with Braves Season Opener Promotion

ATLANTA, GA. - - First Union - Georgia has awarded Mr. W.T. Hammond, of Augusta, Georgia, the grand prize in the First Union Prime Money Market Account/Braves Season Opener. Mr. Hammond has won a 40-person skybox party at Turner Field on September 12, 1998.

Mr. Hammond and 39 of his guests will enjoy a fully catered party, compliments of First Union. 119 other winners from around the state were awarded two game tickets. The contest, which ran from April 1 through April 30, had more than 5,000 entrants.

"The Braves Prime Money Market promotion enhanced customer satisfaction by offering the right product at a competitive rate. First Union wants to build a relationship that ensures we are in touch with our customer's needs now and have plans and products that address their long-term financial goals," said Fanny Younger, consumer banking executive for First Union - Georgia.

The Braves promotion was open to the public with no purchase necessary to enter the drawing. To enter, the contestant had to fill out an entry form, not be an employee of First Union or the Atlanta Braves and be at least 18 years of age.

First Union Corporation (NYSE:FTU) is a leading provider of financial services to more than 16 million retail and corporate customers throughout the East Coast and the nation. At June 30, 1998, First Union had assets of $229 billion and total stockholders' equity was $17 billion. The company operates full service banking offices in Connecticut, Delaware, Florida, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Virginia and Washington, D.C.

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