Wachovia Declares Dividend On Series A Preferred Securitie

The dividend is payable on June 30, 2009, to holders of record as of the close of business on June 15, 2009.

Wachovia Preferred Funding Corp. (NYSE: WNAPr) is an indirect subsidiary of Wells Fargo & Company and is qualified as a real estate investment trust for federal income tax purposes.

Wells Fargo & Company is a diversified financial services company with $1.3 trillion in assets, providing banking, insurance, investments, mortgage and consumer finance through more than 10,400 stores, over 12,000 ATMs and the internet (wellsfargo.com) across North America and internationally.

By Wells Fargo