New Issue: Bank of America sells $73.11 million Accelerated Return Notes linked to gold

By Susanna Moon

Chicago, Sept. 28 - Bank of America Corp. priced $73.11 million of 0% Accelerated Return Notes due Dec. 1, 2010 linked to the price of gold, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10.00 plus triple any gain in the price of gold, up to a maximum payment of $13.06 per note.

Investors will be exposed to any losses.

Merrill Lynch, Pierce, Fenner & Smith Inc., First Republic Securities Co., LLC and Banc of America Investment Services, Inc. are the agents.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying commodity:	Gold
Amount:	$73,112,000
Maturity:	Dec. 1, 2010
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any price gain, capped at 30.6%; exposure to any losses
Initial price:	$1,009.75
Pricing date:	Sept. 24
Settlement date:	Oct. 1
Agents:	Merrill Lynch, Pierce, Fenner & Smith Inc., First Republic Securities Co., LLC and Banc of America Investment Services, Inc.
Fees:	2%

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