New Issue: Bank of America sells $8.08 million Accelerated Return Notes on Merrill Commodity eXtra

By Susanna Moon

Chicago, April 5 - Bank of America Corp. priced $8.08 million of 0% Accelerated Return Notes due May 3, 2011 based on the Merrill Lynch Commodity index eXtra Agriculture Index - Excess Return, 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 index, up to a maximum payment of $16.03 per note.

Investors will be exposed to any decline in the index.

Merrill Lynch, Pierce, Fenner & Smith Inc. and First Republic Securities Co., LLC are the agents.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying index:	Merrill Lynch Commodity index eXtra Agriculture Index - Excess Return
Amount:	$8,082,000
Maturity:	May 3, 2011
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 300% of any index gain, capped at 60.3%; exposure to any losses
Initial level:	66.1402
Pricing date:	March 31
Settlement date:	April 7
Agents:	Merrill Lynch, Pierce, Fenner & Smith Inc. and First Republic Securities Co., LLC
Fees:	2.25%
Cusip:	06052H536

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