New Issue: BofA prices $25 million Accelerated Return Notes on three indexes

By Jennifer Chiou

New York, Feb. 3 - Bank of America Corp. priced $25 million of 0% Accelerated Return Notes due March 30, 2012 linked to a basket of indexes, according to a 424B2 with the Securities and Exchange Commission.

The basket includes the S&P 500 index with a 40% weight, the MSCI EAFE index with a 30% weight and the MSCI Emerging Markets index with a 30% weight.

If the final basket level is greater than the initial basket level, the payout at maturity will be par of $10 plus 300% of the increase, subject to a maximum return of 14.55%. Investors will be fully exposed to any index decline.

Merrill Lynch, Pierce, Fenner & Smith Inc. is the underwriter.

Issuer:	Bank of America Corp.
Issue:	Accelerated Return Notes
Underlying indexes:	S&P 500 (40% weight), MSCI EAFE (30% weight), MSCI Emerging Markets (30% weight)
Amount:	$25,009,370
Maturity:	March 30, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any basket gain, capped at 14.55%; investors share in losses
Pricing date:	Feb. 1
Settlement date:	Feb. 9
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	2%
Cusip:	06052R583

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