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August 25, 2003
Wachovia Signs Sponsorship Deal With New York Giants
Company becomes official financial services provider of the New York Giants

SUMMIT, NJ - Wachovia Corporation announced today that it will be the exclusive and official financial services partner of the New York Giants.

"This is a partnership between a premier NFL team and a premier financial institution," said Reggie Davis, Wachovia's CEO for New Jersey, New York and Connecticut. "As we brand Wachovia in this area, it makes sense to partner with an organization that shares our values of integrity, teamwork and winning. We are pleased and proud to be affiliated with the New York Giants."

Wachovia, the largest financial services company on the East Coast, recently opened its first financial centers in Manhattan, and the New York Giants partnership supports that initiative.

"The television, print, internet and in-stadium advertising and visibility Wachovia receives as part of this sponsorship reinforces our branding efforts throughout the tri-state area and in Manhattan," Davis explained. "This kind of market penetration will allow us to quickly achieve our goal of making Wachovia a household name."

"The Giants organization is pleased to be a part of the brand launch of Wachovia within the greater New York metropolitan area," said John Mara, executive vice president and chief operating officer of the Giants. "We have enjoyed a close, 25-year relationship with Wachovia's New Jersey division, which was instrumental in the creation of Giants Stadium. We are proud to be a marketing partner with Wachovia as it expands upon its physical presence within the tri-state marketplace."

About the New York Giants
The New York Giants have been members of the National Football League since 1925. Since then, they have compiled a record of 583-486-33, including postseason games. The Giants won NFL championships in 1934, 1938, 1956, 1986 and 1990, the latter two in Super Bowls XXI and XXV, respectively. In addition, the Giants appeared in championship games in 1933, 1935, 1939, 1941, 1944, 1946, 1958, 1959, 1961, 1962 and 1963, as well as Super Bowl XXV in 2000. The team is currently a member of the Eastern Division of the National Football Conference in the NFL, along with the Dallas Cowboys, Philadelphia Eagles and Washington Redskins. The Giants play their home games in East Rutherford, New Jersey.

About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers throughout the East Coast and nation, with assets of $364 billion and stockholders' equity of $32 billion at June 30, 2003. The company operates full-service banking offices in 11 East Coast states and Washington, D.C, and offers retail brokerage services in 48 of the 50 states. Global services are provided through more than 30 international offices. Online banking and brokerage products and services are available through wachovia.com

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