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

CHARLOTTE, N.C., June 5 /PRNewswire-FirstCall/ — 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 dividend is equal to $0.453125 per Series A security.

The dividend is payable on June 30, 2008, to holders of record as of
the close of business on June 16, 2008.

Wachovia Preferred Funding Corp. (NYSE: WNAPr) is an indirect
subsidiary of Wachovia Corporation and is qualified as a real estate
investment trust for federal income tax purposes.



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[Via Real Estate Newswire]

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