New Issue: Wachovia sells $5.4 million 0% notes linked to seven-stock basket

By Jennifer Chiou

New York, June 29 - Wachovia Corp. priced $5,400,050 of 0% principal-protected notes due April 30, 2012 linked to a basket of seven stocks, according to a 424B5 filing with the Securities and Exchange Commission.

The underlying basket contains equal weights of the shares of Automatic Data Processing Inc., General Electric Co., Johnson & Johnson, Pfizer Inc., United Parcel Service Inc. and Exxon Mobil Corp. and the class B shares of Berkshire Hathaway Inc.

At maturity, if the final basket level is greater than the initial level, investors will share in the percentage gain. Holders will receive at least par.

Issuer:	Wachovia Corp.
Issue:	Principal-protected notes
Underlying stocks:	Equally weighted Automatic Data Processing Inc., General Electric Co., Johnson & Johnson, Pfizer Inc., United Parcel Service Inc., Exxon Mobil Corp., Berkshire Hathaway Inc. class B shares
Amount:	$5,400,050
Maturity:	April 30, 2012
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus the basket gain, if any; floor of par
Pricing date:	June 28
Settlement date:	July 3
Underwriter:	Wachovia Securities

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