Wachovia Preferred Funding Corp. Declares Dividends on Series A Preferred Securities

SAN FRANCISCO--()--Wachovia Preferred Funding Corp. (NYSE:WNAPr) announced today that its board of directors has declared a regular quarterly dividend on its Series A 7.25% preferred securities. The regular quarterly dividend is equal to $0.453125 per Series A security. The regular quarterly dividend is payable on December 31, 2013, to holders of record as of the close of business on December 16, 2013.

Wachovia Preferred Funding Corp. also announced that, in connection with the previously announced redemption of the Series A securities, its board of directors declared an additional dividend on its Series A securities. The additional dividend is equal to $0.010069 per Series A security. The additional dividend is payable on January 2, 2014, to holders of record as of the close of business on December 31, 2013.

Wachovia Preferred Funding Corp. is an indirect subsidiary of Wells Fargo & Company and is qualified as a real estate investment trust for federal income tax purposes.

About Wells Fargo

Wells Fargo & Company (NYSE:WFC) is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 265,000 full-time equivalent team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2013 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially. Wells Fargo perspectives are also available at blogs.wellsfargo.com.

Contacts

Wells Fargo & Company
Ancel Martinez, 415-222-3858 (Media)
Jim Rowe, 415-396-8216 (Investors)

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Contacts

Wells Fargo & Company
Ancel Martinez, 415-222-3858 (Media)
Jim Rowe, 415-396-8216 (Investors)