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Director/PDMR Shareholding

21st Feb 2008 07:00

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director /person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) Bank of America Corporation This filing refers to iii

3. Name of person discharging 4. State whether notification relates

managerial responsibilities/ to a person connected with a person director discharging managerial responsibilities/director named in 3 and identify the connected person Joe L. Price No

5. Indicate whether the notification 6. Description of shares (including

is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 or financial instruments relating above or in respect of a to shares non-beneficial interest This notification relates to a This refers to common stock and holding of the person in 3 above derivative securities.

7. Name of registered shareholders 8 State the nature of the transaction

(s) and, if more than one, the number of shares held by each of them Joe L. Price Option grant, restricted stock unit grant, and shares returned to the Corporation to satisfy tax obligations on restricted stock unit vesting.

9. Number of shares, debentures or 10. Percentage of issued class acquired

financial instruments relating to (treasury shares of that class shares acquired should not be taken into account when calculating percentage) 38,570 units 0.0%

11. Number of shares, debentures or 12. Percentage of issued class disposed

financial instruments relating to (treasury shares of that class shares disposed should not be taken into account when calculating percentage) 4,088 shares 0.0%

13. Price per share or value of 14. Date and place of transaction

transaction $42.70 for units granted and February 15, 2008 Charlotte, North shares returned Carolina

15. Total holding following 16. Date issuer informed of transaction

notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 152,064.65 shares February 19, 2008

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant 18. Period during which or date on which it can be exercised February 15, 2008 February 15, 2011. Proceeds must be held for three years following exercise.

19. Total amount paid (if any) for 20. Description of shares or

grant of the option debentures involved (class and number) Common stock

21. Exercise price (if fixed at time 22. Total number of shares or

of grant) or indication that debentures over which options held price is to be fixed at the time following notification of exercise $42.70 166,667

23. Any additional information 24. Name of contact and telephone

number for queries These options expire February 15, Roger C. McClary (704) 386-3302 2018

Name and signature of duly authorised officer of issuer responsible for making notification

_________________Roger C. McClary, Vice President________________

Date of notification __February 20, 2008____________________________

BANK OF AMERICA CORPORATION

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