New Issue: Bank of America prices $89.82 million Accelerated Return Notes linked to S&P 500

New York, April 1 - Bank of America Corp. priced $89.82 million of 0% Accelerated Return Notes due May 29, 2014 tied to the S&P 500 Index index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payout of par plus 11.73%. Investors will lose 1% for every 1% decline in the index.

Merrill Lynch & Co. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	S&P 500 Index
Amount:	$89,821,620
Maturity:	May 29, 2014
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return, subject to maximum payout of par plus 11.73%; 1% loss for every 1% decline
Initial index level:	1,569.19
Pricing date:	March 28
Settlement date:	April 5
Underwriters:	Merrill Lynch & Co.
Fees:	2%
Cusip:	06053E482

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