12th May 2006 16:30
Bank of America Securities Ltd 12 May 2006 12th May 2006 Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. Bank of America Corporation Stabilisation Notice Banc of America Securities Ltd (contact: Brian Robertson; telephone: 020 7174 1144) hereby gives notice that the Stabilising Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Regulation (EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC). The securities: Issuer: Bank of America Corporation Guarantor (if any): Aggregate nominal amount: €1,250m Description: Floating rate notes due 18th May 2016 Offer price: 99.913 Other offer terms Stabilisation: Stabilising Manager(s): Banc of America Securities Ltd Stabilisation period expected 12th May 2006to start on: Stabilisation period expected 11th June 2006 to end no later than: Maximum size of over- €62.5mallotment facility: In connection with the offer of the above securities, the Stabilising Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager(s) will take any stabilisation action and any stabilisation action, if begun, may be ended at any time. This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction. This announcement and the offer of the securities to which it relates are directed only at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom. 1 In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State. This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States. END 1 Article 12(4)(a) and (b) and (5) of the Financial Promotion Order. In addition, in order to rely on the safe harbour under article 12(3), the communication should not be referred to in, or be directly accessible from, any other communication made to or directed at other kinds of persons in the UK by the co-ordinating stabilising manager (article 12(4)(c) and (6)(c) Financial Promotion Order) and the co-ordinating stabilising manager should have in place proper systems and procedures to prevent recipients in the UK (other than those to whom the communication might otherwise lawfully have been made by the co-ordinating stabilising manager or a member of its group) engaging in investment activity to which the announcement relates with the co-ordinating stabilising manager or a member of its group (article 12(4)(c) Financial Promotion Order). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BAC.L