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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: JakeStraw who wrote (736)1/26/2000 3:28:00 PM
From: Esway  Read Replies (1) of 5499
 
CHARLOTTE, N.C., Jan 26, 2000 /PRNewswire via COMTEX/ -- The Bank of
America Corporation board of directors today declared a regular
quarterly dividend of $.50 per share on Bank of America common stock.

The dividend is payable March 24, 2000 to shareholders of record on
March 3, 2000.

The board also declared a $1.75 regular cash dividend on the 7 percent
Cumulative Redeemable Preferred Stock, Series B. The dividend is
payable April 28, 2000 to shareholders of record on April 14, 2000.

Bank of America (NYSE: BAC), with $633 billion in assets, is the
largest bank in the United States. The company serves more than 30
million households and 2 million businesses across the country,
offering customers the largest and most convenient delivery network
from offices and ATMs to telephone and internet access. It also
provides comprehensive international corporate financial services for
clients doing business around the world. The company creates financial
relationships featuring a full array of financial services, from
traditional banking products to investments and capital raising within
the securities markets. Bank of America stock (ticker: BAC) is listed
on the New York, Pacific and London stock exchanges and certain shares
are listed on the Tokyo Stock Exchange. Further investor information
can be found at www.bankofamerica.com/investor .

SOURCE Bank of America Corporation
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: investors, Susan Carr, 704-386-8059, or Kevin Stitt,
704-386-5667, or media, Bob Stickler, 704-386-8465, or Sharon
Tucker,
415-622-2775, all of Bank of America Corporation

WEB PAGE: bankofamerica.com

GEOGRAPHY: North Carolina

INDUSTRY CODE: FIN

SUBJECT CODE: DIV
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