Bank of America and LaSalle Bank Lower Prime Lending Rate to 6.50 Percent

CHARLOTTE, N.C., Jan. 22 /PRNewswire/ -- Bank of America, N.A., LaSalle
Bank N.A. and LaSalle Bank Midwest N.A., announced today that they are
lowering their prime-lending rates to 6.50 percent from 7.25 percent,
effective January 22, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050720/CLW086LOGO-b )
(In some Bank of America and LaSalle loan documentation, the term
"reference rate" has been used to refer to this lending rate. The terms
"prime rate" and "reference rate" refer to the same rate.)
Bank of America is one of the world's largest financial institutions,
serving individual consumers, small and middle market businesses and large
corporations with a full range of banking, investing, asset management and
other financial and risk-management products and services. The company
provides unmatched convenience in the United States, serving more than 59
million consumer and small business relationships with more than 6,100 retail
banking offices, nearly 19,000 ATMs and award-winning online banking with more
than 12 million active users. Bank of America is the No. 1 overall Small
Business Administration (SBA) lender in the United States and the No. 1 SBA
lender to minority-owned small businesses. The company serves clients in 175
countries and has relationships with 99 percent of the U.S. Fortune 500
companies and 80 percent of the Fortune Global 500. Bank of America
Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Bank of America acquired LaSalle Bank on October 1, 2007.
SOURCE Bank of America

Sarah Whitmire, Bank of America, +1-704-387-8164,
sarah.whitmire@bankofamerica.com