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AZEVEDO SPONSORED BY BANK OF AMERICA
Olympian Joins Others as a Part of Hometown Hopefuls Program

CHARLOTTE, NC-- Bank of America, the Official Bank Sponsor of the 2008 U.S. Olympic Team, today announced the debut of its U.S. Olympic-themed advertising campaign. The multimedia campaign rallies support for Team USA(TM) through the company's signature Olympic-themed programs -- America's Cheer(TM) and U.S. Olympic Team Banking -- and includes a new national television commercial, as well as print, radio, online and point-of-sale advertisements.

Bank of America's commitment to the U.S. Olympic Team is also realized through the Bank of America Hometown Hopefuls(R) program. Through this program, the bank provides financial support and marketing exposure to 12 U.S. Olympic athletes and hopefuls. They include: Tony Azevedo (waterpolo); Howard Bach (badminton); Shannon Boxx (soccer); Jennie Finch (softball); Brett Heyl (kayak); Sada Jacobson (fencing); swimmers Cullen Jones, Tara Kirk and Aaron Peirsol; Ogonna Nnamani (volleyball); Alicia Sacramone (gymnastics); and Lauryn Williams (track & field).

"Unlike any other sporting event in the world, the Olympic Games are the only time when an entire nation cheers for one team," said Anne Saunders, Brand and Advertising executive, Bank of America. "Our new campaign captures the passion and spirit with which Americans everywhere are cheering on the
extraordinary athletes who will represent the United States at the 2008 Olympic Games."

Bank of America is widely recognized as a major corporate sponsor of the U.S. Olympic Team, creating opportunities for the nation's best athletes to represent the United States in world-class competition. Bank of America's earliest known involvement with the U.S. Olympic Movement dates back to 1921,
when the bank provided leadership and financing for the Los Angeles Coliseum, site of the 1932 and 1984 Olympic Games. In 1992, Bank of America signed on as an official sponsor of the U.S. Olympic Team that competed in Barcelona, Spain, and has supported every U.S. Olympic Team since, including the American athletes who will compete in the 2008 Olympic Games in Beijing, China.