Bank of America Declares Quarterly Dividends

Charlotte, N.C - 12 April 2012

Bank of America Corporation today announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable on June 22, 2012 to shareholders of record as of June 1, 2012.

The board also declared a regular quarterly cash dividend of $1.75 per share on the 7 percent Cumulative Redeemable Preferred Stock, Series B. The dividend is payable on July 25, 2012 to shareholders of record as of July 11, 2012.

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