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Media Contact:   Mary Eshet
(704) 383-7777

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

Investor Contact:   Alice Lehman
(704) 374-4139

Investor Contact:   Jeff Richardson
(704) 383-8250

June 16, 2006
Wachovia's Wealth Management Head Presents at Piper Jaffray Financial Services Symposium

CHARLOTTE, N.C.  — Stan Kelly, head of Wachovia's Wealth Management Group, will present on Tuesday, June 20, at the Piper Jaffray Retail Banking & Financial Services Symposium.  This presentation will be available via live audio webcast beginning at 1:30 p.m. EDT June 20 through Wachovia's Investor Relations Web site at wachovia.com/investor. A replay of the webcast will be available beginning at 3:00 p.m. EDT June 20 until 5:00 p.m. July 20.

Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia operates as Wachovia Bank through 3,159 offices in 16 states from Connecticut to Florida and west to Texas, and, until Westcorp merger integration activity is completed, will continue to be known as Western Financial Bank in the former Westcorp locations in California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $541.8 billion, market capitalization of $90.2 billion and stockholders' equity of $49.8 billion at March 31, 2006.


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