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Advertising Contact:   Shika Raynor
(704) 715-3213

April 09, 2002
Wachovia Corporation Names New Director

CHARLOTTE, N.C. - Wachovia Corporation is pleased to announce the appointment of Georgette (Gigi) Dixon as director of the newly created Emerging Markets department in Wachovia's Corporate Marketing division. Her team will be responsible for working with the company's lines of business to create specialized programs that recognize and meet the needs of its diverse customer base.

“Customers want to do business with people who understand their unique needs and can build commitment and trust through the customer experience. The role of emerging markets is to ensure our company is in touch with the needs of our diverse markets,” said Dixon.

Dixon has more than 17 years of marketing and sales management experience with extensive practice in the niche market segment of the financial services industry. She has held various marketing positions within the bank as well as at Procter & Gamble and Brown & Williamson Tobacco Corporation.

“We are excited about having someone as committed, experienced and passionate as Gigi Dixon leading this new department,” said Jim Garrity, head of Corporate Marketing, Wachovia Corporation.

Wachovia Corporation (NYSE:WB), created through the September 1, 2001, merger of First Union and Wachovia, had assets of $330 billion at December 31 and $28 billion in stockholders' equity. Wachovia is a leading provider of financial services 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 and 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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