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Bank of America, Floating Rate Non-Cumulative Preferred Stock, Series E (4% Min.)

Coupon floats at the greater of 3 month Libor plus .35% or 4%.

Ticker: BAC-E

Parent Ticker: BAC

OTC Grey Market Temporary Ticker: NA

Issuance Date: 11/01/2006

1st Call Date: 11/15/2011

Maturity Date: None

Shares Issued: 74,000,000

Overallotment Shares: 11,100,000

Coupon: 4.00%

Face Value: $25.00

Cumulative: No

Qualified: Yes

Quarterly Dividend Amount: 0.25

Payment Months: FEB, MAY, AUG, NOV

Payment Day: 15

S&P Rating: BBB-

III Rating (In Regards to Dividend Safety Only): B

Moody Rating: Baa3

Fitch Rating: NR

Egan-Jones Rating: NR