New Issue: Bank of America sells $30.87 million capped leveraged notes on DJ-UBS Agriculture

By Susanna Moon

Chicago, Nov. 29 - Bank of America Corp. priced $30.87 million of 0% Capped Leveraged Index Return Notes due Nov. 28, 2012 based on the Dow Jones-UBS Agriculture Sub-Index - Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus double any index gain, up to a cap of $12.52 per note.

Investors will receive par if the index falls by up to 10% and will be exposed to any decline beyond 10%.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Capped Leveraged Index Return Notes
Underlying index:	Dow Jones-UBS Agriculture Sub-Index - Excess Return
Amount:	$30,866,710
Maturity:	Nov. 28, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 200% of any index gain, capped at 25.2%; exposure to losses beyond 10%
Initial level:	78.4275
Threshold level:	70.5848, or 90% of initial level
Pricing date:	Nov. 23
Settlement date:	Dec. 1
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052R328

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