Bank of America calls $65.86 million Stars linked to S&P 500 index

By Marisa Wong

Madison, Wis., March 30 - Bank of America Corp. said it will redeem in full its $65,864,880 of outstanding Strategic Accelerated Redemption Securities due July 3, 2012 linked to the S&P 500 index.

The securities (Cusip: 06050R825) will be redeemed on April 3 at a redemption price of $10.73125 per $10.00 principal amount. The redemption price includes a 9.75% annualized call premium.

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