Chris Morris Joins Wachovia Securities as Head of Food and Beverage

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Chris Morris Joins Wachovia Securities as Head of Food and Beverage
    CHARLOTTE, N.C., July 7 /PRNewswire-FirstCall/ -- Chris Morris has
joined Wachovia Securities as managing director and head of Food and
Beverage Investment Banking. He will be based in New York and will report
to John Hudson, managing director and head of Consumer and Healthcare
Investment Banking.

    "Chris is a highly talented banker who brings a wealth of experience to
Wachovia's business," said Hudson. "We are particularly impressed with his
ability to develop meaningful relationships with corporate and financial
sponsor clients."

    Morris has 20 years of investment banking experience and joins Wachovia
from Lehman Brothers, where he most recently served as managing director
and global head of Food and Beverage Investment Banking.

    About Wachovia's Corporate and Investment Banking Group

    Wachovia's Corporate and Investment Banking group offers a full suite
of products and services to public and private companies, institutional
investors, financial institutions and the financial sponsor community.
Investment banking and the global markets businesses (fixed income and
equities) operate under the Wachovia Securities brand and have become a
global force in the capital markets arena by providing comprehensive
advisory, capital raising, structuring and execution services. Wachovia's
Corporate and Investment Bank also includes the third-largest Treasury
Services business in the U.S., as well as leading asset-based lending and
global correspondent banking services. The firm is built on a cohesive
culture that encourages creative ideas, capital solutions, and experienced
advice to all clients.

    Wachovia Securities is the trade name for the corporate, investment
banking and capital markets of Wachovia Corporation and its subsidiaries,
including Wachovia Capital Markets, LLC (WCM), member NYSE, FINRA, and
SIPC, and Wachovia Securities International Limited, which is authorized
and regulated by The Financial Services Authority in the United Kingdom.
Wachovia Securities is also the trade name for the retail brokerage
businesses of WCM's affiliates, Wachovia Securities, LLC, member NYSE,
FINRA, and SIPC, Wachovia Securities Financial Networks, LLC, Wexford
Clearing, LLC, and First Clearing, LLC.

    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.
SOURCE Wachovia Corporation
http://www.wachovia.com
CONTACT:
Jennifer Sharpe, Wachovia Corporation,
+1-704-374-6142