New Issue: Bank of America prices $19.46 million Stars linked to Russell 2000

By Jennifer Chiou

New York, Feb. 28 - Bank of America Corp. priced $19.46 million of 0% Strategic Accelerated Redemption Securities due March 5, 2012 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par of $10 plus a call premium of 13.33% per year if the index closes at or above its initial level on Aug. 23, 2011, Nov. 22, 2011 or Feb. 27, 2012.

The payout at maturity will be par if the index finishes at or above the threshold level - 95% of the initial level - and investors will be exposed to any decline below the threshold level.

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

Issuer:	Bank of America Corp.
Issue:	Strategic Accelerated Redemption Securities
Underlying index:	Russell 2000
Amount:	$19,459,580
Maturity:	March 5, 2012
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par if final index level is at least 95% of initial index level; 1% loss for every 1% that index declines beyond 5%
Call:	At par plus 13.33% per year if index closes at or above initial level on Aug. 23, 2011, Nov. 22, 2011 or Feb. 27, 2012
Initial index level:	804.18
Pricing date:	Feb. 24
Settlement date:	March 4
Underwriter:	Merrill Lynch, Pierce, Fenner & Smith Inc.
Fees:	1.25%
Cusip:	06052R716

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