New Issue: Wachovia prices $14.2 million enhanced growth securities linked to Nikkei 225

By Angela McDaniels

Seattle, June 4 - Wachovia Corp. priced a $14,186,090 issue of 0% enhanced growth securities due Dec. 10, 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 triple any index gain, subject to a maximum payout of $12.70 per $10 security. Investors will be fully exposed to any index decline.

Wachovia Securities is the underwriter.

Issuer:	Wachovia Corp.
Issue:	Enhanced growth securities
Underlying index:	Nikkei 225
Amount:	$14,186,090
Maturity:	Dec. 10, 2008
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus triple any index gain, capped at 27%; full exposure to any index decline
Initial index level:	17,958.88
Pricing date:	May 31
Settlement date:	June 7
Underwriter:	Wachovia Securities
Fees:	2.5%

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