Bank of America Declares Quarterly Dividends

Charlotte, NC - 12 July 2012

Bank of America Corporation have announced that the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.01 per share, payable on September 28, 2012 to shareholders of record as of September 7, 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 October 25, 2012 to shareholders of record as of October 11, 2012.

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