Bank of America Declares Preferred Dividends

Bank of America Corporation today announced the Board of Directors has authorized dividends on preferred stock.

A quarterly cash dividend of $0.38775 per depositary share on the 6.204 percent Non-Cumulative Preferred Stock, Series D, is payable on March 16, to shareholders of record as of February 27.

A quarterly cash dividend of $0.25556 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series E, is payable on February 17 to shareholders of record as of January 30.

A quarterly cash dividend of $1,000.00 per share on the Floating Rate Non-Cumulative Preferred Stock, Series F, is payable on March 16 to the shareholder of record as of February 27.

A quarterly cash dividend of $1,000.00 per share on the Adjustable Rate Non-Cumulative Preferred Stock, Series G, is payable on March 16 to the shareholder of record as of February 27.

A quarterly cash dividend of $0.4140625 per depositary share on the 6.625 percent Non-Cumulative Preferred Stock, Series I, is payable on April 1 to shareholders of record as of March 15.

A semi-annual cash dividend of $40.00 per depositary share on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series K, is payable on January 30 to shareholders of record as of January 15.

A quarterly cash dividend of $0.4140625 per depositary share on the 6.625 percent Non-Cumulative Preferred Stock, Series W, is payable on March 9 to shareholders of record as of February 15.

A semi-annual cash dividend of $31.25 per depositary share on the Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X, is payable on March 5 to shareholders of record as of February 15.

A quarterly cash dividend of $0.18750 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 1, is payable on February 27 to shareholders of record as of February 15.

A quarterly cash dividend of $0.19167 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 2, is payable on February 27 to shareholders of record as of February 15.

A quarterly cash dividend of $0.3984375 per depositary share on the 6.375 percent Non-Cumulative Preferred Stock, Series 3, is payable on March 2 to shareholders of record as of February 15.

A quarterly cash dividend of $0.25556 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 4, is payable on February 27 to shareholders of record as of February 15.

A quarterly cash dividend of $0.25556 per depositary share on the Floating Rate Non-Cumulative Preferred Stock, Series 5, is payable on February 23 to shareholders of record as of February 1.

Bank of America
Bank of America is one of the world's largest financial institutions, serving individual consumers, small businesses, middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 48 million consumer and small business relationships with approximately 4,900 retail banking offices and approximately 15,700 ATMs and award-winning online banking with 31 million active users and more than 16 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Visit the Bank of America newsroom for more Bank of America news.

www.bankofamerica.com

Contacts:

Investors May Contact:
Lee McEntire, Bank of America, 1.980.388.6780
Jonathan Blum, Bank of America (Fixed Income), 1.212.449.3112
Reporters May Contact:
Jerry Dubrowski, Bank of America, 1.980.388.2840
jerome.f.dubrowski@bankofamerica.com

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