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PRESS RELEASES


Advertising Contact:   Shika Raynor
(704) 715-3213

Miami Dolphins Contact:   Jim Frevola
(305) 623-6292

August 27, 2003
Wachovia Renews Sponsorship Agreement With Miami Dolphins
Company becomes Dolphins exclusive sponsor in the financial services category

Charlotte, N.C. - Wachovia Corporation has renewed and enhanced its sponsorship of the Miami Dolphins and Pro Player Stadium by becoming the team's exclusive financial services partner for the next five years.

"We are proud to continue a partnership that has been rewarding for both the Dolphins and Wachovia," said Dan Fleishman, Director of Sponsorships and Alliances for Wachovia. "We are confident the enhancements to the sponsorship will serve to strengthen an already successful relationship."

The integrated sponsorship, which began in 1995, continues through the 2007 season and encompasses Wachovia advertising in all of the Dolphin's media channels including bilingual radio and print ads, television and the Internet. In addition, Wachovia will have enhanced on-site signage throughout Pro Player stadium in Miami, and a new Wachovia-branded Jumbotron feature.

"The Miami Dolphins represent a world-class organization, both on and off the field," said Kent Ellert, Wachovia's regional president for Broward County in Florida. "Wachovia is excited to announce the continuation of our relationship with the Miami Dolphins organization as we together represent our South Florida marketplace. Go Fins!"

"We are pleased to continue our partnership with Wachovia. The bank is one of the top brands in the region and has been a great partner as well as provider of all our team banking needs," said Eddie Jones, team president for the Miami Dolphins.

About the Miami Dolphins
The Miami Dolphins began play as a member of the American Football League in 1966 and joined the National Football League as part of the 1970 NFL-AFL Merger. Since that time, the Dolphins are the winningest team in professional football with an overall record of 344-197-2. The Dolphins have participated in five Super Bowls, claiming championships in Super Bowls VII and VIII. Super Bowl VII culminated the team's 17-0 season, the only undefeated, untied season in professional football annals.

About Wachovia
Wachovia Corporation (NYSE:WB) is one of the largest providers of financial services to retail, brokerage and corporate customers throughout the East Coast and the nation, with assets of $364 billion and stockholders' equity of $32 billion at June 30, 2003. The company operates full-service banking offices in 11 East Coast states and Washington, D.C., and offers retail brokerage services in 48 of the 50 states. Global services are provided through more than 30 international offices. Online banking and brokerage products and services are available through wachovia.com.

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