PRESS RELEASES

Wells Fargo Championship Announces Fifth Straight Sell Out

FOR IMMEDIATE RELEASE

CHARLOTTE N.C., April 18, 2007 – Tickets have sold out for the fifth Wells Fargo Championship April 30-May 6 at Quail Hollow Club, tournament officials announced today at 2:00 p.m.

"Once again our patrons took advantage of ticket purchase program and they will be rewarded when the PGA TOUR's premier players come to Charlotte," said Kym Hougham, Executive Director. "For both the repeat patrons and first-time visitors they can look forward to watching one of the strongest fields on the PGA TOUR this year compete on one of the TOUR's greatest golf courses."

Currently, 8 of the top 10 players in the world are making plans to join 156 of the PGA TOUR's finest players. The Wells Fargo Championship has already received commitments from past champions David Toms, Joey Sindelar, Vijay Singh and Jim Furyk. Also scheduled to compete, are Masters champion Zach Johnson, Phil Mickelson, Adam Scott, Ernie Els, Sergio Garcia, Retief Goosen, Davis Love III, and Charles Howell III.

Players have until Friday, April 27, at 5:00 p.m. EDT to commit. Tournament officials will announce the field for the Wells Fargo Championship that evening. For a current commitment list, please visit http://www.wachoviachampionship.com/.

Proceeds from the 2007 Wells Fargo Championship will benefit Teach For America, a national education foundation that provides a corps of outstanding recent college graduates of all academic majors who commit to teach for two years in underserved urban and rural public schools. In four years, the Wells Fargo Championship has donated $5.7 million to charities.

The Wells Fargo Championship's $6.3 million purse guarantees the winner in excess of $1 million. In 2005, the Wells Fargo Championship signed an agreement with the PGA TOUR to hold the event in Charlotte through the year 2010.

About the Wells Fargo Championship

The Wells Fargo Championship is one of the largest, most prestigious sporting events in the Charlotte region. Now leading up to its fifth year, the tournament is intended as an annual tradition that will bring customers, players and patrons back each year for an unforgettable golf experience. In a short four years, the national and international golf community has already recognized it as one of the top events on the PGA TOUR. The 2007 tournament will be held April 30-May 6. Sponsored by Wachovia Corporation (NYSE:WB), the tournament's $6.3 million purse is one of the largest on the PGA TOUR. A combination of Quail Hollow Club, the spirit of the Charlotte area community and the support of Wachovia are several reasons the Wells Fargo Championship has and should continue to draw many of the world's top golfers to Charlotte.

For more information, visit the tournament website, http://www.wachoviachampionship.com/.

About Wachovia

Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, providing a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services. Including the Golden West merger, which closed on October 1, 2006, Wachovia has retail and commercial banking operations in 21 states with 3,400 retail banking offices from Connecticut to Florida and west to Texas and California. In addition, two core businesses operate under the Wachovia Securities brand name: retail brokerage with 737 offices in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Other nationwide businesses include mortgage lending in 39 states and auto finance covering 46 states. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investmentproducts and services at evergreeninvestments.com. At September 30, 2006, Wachovia had assets of $559.9 billion and market capitalization of $88.2 billion. On the same date, based on pro forma data, Wachovia's combined assets were approximately $700 billion and combined market capitalization was $107 billion.

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