About Wachovia and the Global Financial Institutions and Trade

Division

This is Wachovia Eleventh largest capitalized bank in the world

46th largest corporation in the world(based on market capitalization)

110,000 employees worldwide

Superior debt ratings (Senior Debt)– Moody’s Aa3, S&P A+, Fitch AA-

15 million household and business customer relationships

77,000 commercial and corporate customers

About Wachovia

(Financial Data as of September 30, 2006)

A Leading U.S. Financial Institution Fourth largest bank (assets)

Third largest branch network

Third largest deposit share

Third largest retail brokerage

Fourth largest letter of credit bank

Third largest treasury services provider

About Wachovia

A Significant Regional Player with Strategic Growth Across the Nation

Golden West acquisition strengthens retail franchise and growth profile:

5.9% national market share in high growth/ high wealth markets

Creates Top 5 bank in Western U.S.

Creates Top 10 Mortgage Bank

About Wachovia

Resulting in strong debt ratings for the corporation…

Wachovia Market Position – Financial Growth

About Wachovia

Global Financial Institutions and Trade Services

An International Powerhouse

About Global Financial Institutions and Trade Services Group

Over 7,000 correspondent banking and trade relationships with 3,000 accounts in 130 countries

44 offices throughout Europe, Asia and Latin America

Seven foreign branches in Frankfort, Hong Kong, London, Seoul, Shanghai, Taipei and Tokyo

Six U.S.-based international processing centers in Charlotte, Los Angeles, Miami, New York, Philadelphia and Winston Salem

Foreign exchange operations in Charlotte, Hong Kong and London

A Significant Presence

About Global Financial Institutions and Trade Services Group

No.1 in Asia

No. 1 in Latin America

No. 4 in Western Europe

Among top banks in third party trade outsourcing

Seventh in CHIPS payment traffic

Major payments bank– More than $160 Billion in payments processed each day

Major check and cash letter bank– Over 18 million processed each day

(more than any single Federal Reserve bank)

– First bank in world to receive image cash letter sent via SWIFTNet Fileact

Significant Market Share in Correspondent Banking

About Global Financial Institutions and Trade Services Group

Bangkok Representative Office First Representative Office in Asia opened 1972

Named

1972 - Philadelphia National Bank N.A.

1990 - CoreStates Bank N.A.

1998 - First Union National Bank N.A.

2001 - Wachovia Bank N.A.

Policy “ Banker’s Bank”

Wachovia Bank, NA.Bangkok Representative OfficeAddress: 12th Floor, Tonson Tower

900 Ploenchit RoadLumpinee, PathumwanBangkok 10330Thailand

Telephone: (662) 257-0322 Fax: (662) 257-0331

Numtip Duangdee, Director & Country Manager Siriwan Pattamavalai, Associate & Customer Service Manager Mukrat Theinsuttikul, Associate & Marketing Representative Chanin Srikorakul, Associate & Marketing Chuensumon Nantavit, Customer Service Specialist Prapaporn Chonukoolwong, Customer Service Specialist Kanokvan Pitutip, Customer Service Specialist

A Unique Approach

Partnership vs. competitor approach

No. 1 bank in the world for overall customer

satisfaction (Flmetrix)

Wachovia Ranked No. 1 in Overall Satisfaction for Second Consecutive Year Ranking Determined by FImetrix in a Survey of Global Financial Institutions

About Global Financial Institutions and Trade Services Group

Thank You