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Investor Contact: Alice Lehman
(704) 374-4139

Media Contact: Christy Phillips Brown
(704) 383-8178

Media Contact: Mary Eshet
(704) 383-7777

July 03, 2002
Wachovia Second Quarter Earnings Review Accessible Via the Internet and the Telephone on July 18, 2002

CHARLOTTE, N.C. - Wachovia plans to release its second quarter 2002 earnings results on Thursday, July 18, 2002. Wachovia President and CEO Ken Thompson and CFO Bob Kelly will review Wachovia's second quarter results via teleconference and live audio webcast, beginning at 10 a.m. EDT. The earnings release and additional presentation and supplemental materials will be available on the Internet at http://wachovia.firstunion.com at approximately 7 a.m. EDT.

To participate, please access one of the following numbers no later than 9:50 a.m. EDT:

Dial-In Number:	1-888-566-5777 for U.S. callers 415-228-5014 for international callers Access code: Kelly
Via Internet:	Audio webcast accessible at http://wachovia.firstunion.com
Internet Instructions:	Before the event begins, please click on the link "Second Quarter Earnings audio webcast" and download Real Player or Media Player.
A continuous telephone replay will be available:
Replay:	Thursday, July 18 at Noon and continuing through 5 p.m. EDT, Monday, July 22. To listen to the replay, please dial 402-280-9997.

Wachovia Corporation (NYSE:WB), created through the Sept. 1, 2001 merger of First Union and Wachovia, had assets of $320 billion and stockholders’ equity of $29 billion as of March 31, 2002. Wachovia is a leading provider of financial services to 20 million retail, brokerage and corporate customers 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.