Approval of proposal by Wells Fargo & Company to acquire Wachovia Corporation

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Approval of proposal by Wells Fargo & Company to acquire Wachovia Corporation

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The following press release was published by the Board of Governors of the Federal Reserve System on Oct. 12, 2008. It is reproduced in full below.

The Federal Reserve Board on Sunday announced its approval of the application and notice under sections 3 and 4 of the Bank Holding Company Act by Wells Fargo & Company, San Francisco, California, to acquire Wachovia Corporation and its subsidiary banks, Wachovia Bank, National Association, both of Charlotte, North Carolina, and Wachovia Bank Delaware, National Association, Wilmington, Delaware, and the nonbanking subsidiaries of Wachovia Corporation.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System

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