PRESS RELEASES

Wells Fargo Championship Powered with Ultra-Low-Emission Turbines

Clean & green turbines power hospitality tent and Charlotte-manufactured shuttle buses

CHARLOTTE, NC-The 2008 Wells Fargo Championship will be clean and green on and off the fairways.

fThe Championship, held April 28 – May 4 in Charlotte, is using ultra-low emission, environmentally friendly power turbines to supply electricity for air conditioning, lights, sound systems and catering operations at the hospitality tent near the practice range at Quail Hollow Club.

The two turbines, manufactured by Capstone Turbine Corporation in California, are green energy systems that reduce the amount of fuel consumed compared to traditional energy solutions. They also emit less smog-forming NOx, and greenhouse-gas emissions associated with global climate change.

In addition, clean Capstone turbines are onboard two hybrid-electric buses among the fleet transporting spectators to and from parking lots. When equipped with Capstone turbines, the ECOSaver IV buses, manufactured by DesignLine International of Charlotte, have experienced up to a 100-percent improvement in fuel economy over traditional diesel buses, which equates to fuel savings of up to 6,000 gallons per year, according to DesignLine. The buses also are quieter than standard buses.

The emissions from Capstone turbines meet extremely low global emission requirements, including California’s stringent distributed-generation emissions standard.  Since each turbine has only one moving part and uses no fluids, it requires very low maintenance.

“The Wells Fargo Championship and our title sponsor, Wachovia Corp., are extremely interested in exploring opportunities that reduce our environmental impact,” said Kym Hougham, executive director, Wells Fargo Championship. “When our generator supplier suggested we consider using these low-emission turbines, the answer was easy. I expect we’ll continue to expand this program in coming years because of the environmental benefits.”

Two Capstone C30 turbines will provide a combined 60-kilowatts of power to the practice range hospitality tent. That’s enough power to illuminate 600 100-watt light bulbs every hour. Each shuttle bus also contains a C30 turbine.

“More than 4,000 Capstone Turbines have been shipped worldwide,” said Darren Jamison, Capstone President and CEO. “Not only are the turbines clean and green, they require very little maintenance because of our patented air-bearing technology. In short, our turbines help the environment while saving users time and money.”

In 2006, Wachovia announced a comprehensive environmental strategy encompassing commitments in the areas of forest protection and climate change. The company also adopted the Equator Principles, a voluntary set of guidelines for managing environmental and social issues in project finance.

In 2007, Wachovia:

• invested $700 million in wind farm development. Wachovia also is pursuing other renewable energy source investment opportunities including geothermal and solar;
• recycled more than 23,000 tons of paper; and
• launched the PaperLess internal initiative to reduce paper consumption across the company 20 percent by the end of 2008.

About Capstone Turbine
Capstone Turbine Corporation (NASDAQ:CPST) is the world's leading producer of low-emission turbine systems, and was the first to market commercially viable microturbine energy products. Capstone Turbine has shipped over 4,000 Capstone Turbine systems to customers worldwide. These award-winning systems have logged millions of documented runtime operating hours. Capstone Turbine is a member of the U.S. Environmental Protection Agency's Combined Heat and Power Partnership, which is committed to improving the efficiency of the nation's energy infrastructure and reducing emissions of pollutants and greenhouse gases. A UL-Certified ISO 9001:2000 certified company; Capstone Turbine is headquartered in the Los Angeles area with sales and/or service centers in New York, Mexico City, Milan, Bath, Shanghai and Tokyo. For more information, visit www.capstoneturbine.com.

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 sixth year, the tournament is intended as an annual tradition that will bring customers, players and patrons back each year for an unforgettable golf experience. The national and international golf community has recognized it as one of the top events on the PGA TOUR. The 2008 tournament will be held April 28 – May 4. Sponsored by Wachovia Corporation (NYSE:WB), the tournament's $6.4 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 www.wachoviachampionship.com.

About Wachovia
Wachovia Corporation (NYSE:WB) is one of the nation's largest diversified financial services companies, with assets of $808.9 billion and market capitalization of $53.8 billion at March 31, 2008. Wachovia provides a broad range of retail banking and brokerage, asset and wealth management, and corporate and investment banking products and services to customers through 3,300 retail financial centers in 21 states from Connecticut to Florida and west to Texas and California, and nationwide retail brokerage, mortgage lending and auto finance businesses. Globally, clients are served in selected corporate and institutional sectors and through more than 40 international offices. Our retail brokerage operations under the Wachovia Securities brand name manage more than $1.1 trillion in client assets through 18,600 registered representatives in 1,500 offices nationwide.

“Capstone Turbine Corporation” and “Capstone MicroTurbine” are registered trademarks of Capstone Turbine Corporation. All other trademarks mentioned are the property of their respective owners.

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This press release contains "forward-looking statements," as that term is used in the federal securities laws, about the environmental and maintenance advantage

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