New Issue: Wachovia prices $5.5 million enhanced growth notes linked to Nikkei 225

By Angela McDaniels

Seattle, Jan. 3 - Wachovia Corp. priced a $5,483,070 issue of 0% enhanced growth securities due July 1, 2008 linked to the Nikkei 225 index, according to a 424B5 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 125% of any positive return on the index. Investors will be fully exposed to any decline in the index.

Issuer:	Wachovia Corp.
Issue:	Enhanced growth securities
Underlying index:	Nikkei 225
Amount:	$5,483,070
Maturity:	July 1, 2008
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 125% of any index gain; full exposure to any index decline
Initial index level:	17,225.83
Pricing date:	Dec. 28
Settlement date:	Jan. 5
Underwriter:	Wachovia Securities
Underwriting discount:	2.5%

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