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PROPOSED PUBLICATION OF PROSPECTUS

1st Jul 2009 07:00

1 July 2009 BANK OF AMERICA CORPORATION PROPOSED PUBLICATION OF PROSPECTUS

As at close of business on 30 June 2009, Bank of America (the "Corporation") had 8,651,442,890 shares of common stock outstanding. A prospectus (the "Prospectus") will be published in relation to 2,937,186,252 of these shares of common stock (the "New Shares") issued by the Corporation during the 12 months prior to this announcement. The Corporation expects that the Prospectus will be published and the New Shares will be admitted to the Official List of the UK Listing Authority and to trading on the main market for listed securities of the London Stock Exchange, in each case during the week ending Friday 28 August 2009 and in any event as soon as is practicable after the publication of the Corporation's Quarterly Report on Form 10-Q for the quarterly period ended 30 June 2009, which will be filed with the US Securities and Exchange Commission in August 2009.

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