COLUMBUS, Ohio, March 25 /PRNewswire/ -- Banc One Corporation (NYSE: ONE),
announced that it has received Federal Reserve Board approval to underwrite,
through its affiliate Banc One Capital Corporation, corporate debt and equity
securities known as Tier II power, subject to standard Federal Reserve Board
requirements.
    David R. Meuse, Chairman and Chief Executive Officer of Banc One Capital
Holdings Company, said, "We are working with corporate banking to provide one-
stop shopping for our business customers.  This is yet another step in
providing more in-depth financial solutions to our clients."
    Banc One Capital Corporation currently has 250 employees and offers a
range of financial services for customers needing private placements, asset-
backed securitizations, structured finance, syndicated lending, public
finance, derivatives and foreign exchange products and services.  In 1996,
Banc One Capital raised over $9 billion in municipal, structured and
corporate financing.
    Banc One Capital Corporation is an affiliate of Banc One Capital Holdings
Corporation.  Banc One Corporation had assets of $101.8 billion and common
equity of $8.4 billion at December 31, 1996, and operates 1,502 banking
offices.  Banc One also owns several additional corporations that engage in
credit card and merchant processing, consumer and education finance, mortgage
banking, insurance, trust and investment management, brokerage, investment and
merchant banking, venture capital, equipment leasing and data processing.
    Information about Banc One's fourth quarter and full year 1996 financial
results and its products and services can be accessed on the Internet through
Banc One's home page at:  http://www.bankone.com, through InvestQuest(TM) at
http://www.investquest.com and InvestQuest(TM) Fax-on-demand: 614-844-3860.

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