Wachovia Declares Quarterly Dividend On Series A Preferred Securities

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San Francisco -- June 4, 2009 -- Wachovia Preferred Funding Corp. (NYSE: WNAPr) announced today that its board of directors has declared a regular quarterly dividend on its Series A 7.25% preferred securities. The dividend is equal to $0.453125 per Series A security.

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.

Source: Wells Fargo & Company

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