New Issue: Wachovia prices $19.88 million 9.75% trigger Capitals linked to Sunoco

New York, Oct. 26 - Wachovia Corp. priced $19.884 million of 9.75% trigger Covered Asset Participation Target Exchangeable Securities (Capitals) due 2006 linked to the common stock of Sunoco, Inc., according to a 424B5 filing with the Securities and Exchange Commission.

Issuer:	Wachovia Corp.
Underlying stock:	Sunoco, Inc.
Issue:	Trigger Covered Asset Participation Target Exchangeable Securities (Capitals)
Amount:	$19.884 million
Maturity:	Nov. 1, 2006
Coupon:	9.75%, payable quarterly
Price:	Par
Payout at maturity:	Par unless Sunoco stock price at any time falls to or below the trigger price of $53.295 and the final stock price is below the initial price of $71.06, in which case $1,000/$71.06 shares of Sunoco plus accrued interest.
Threshold price:	$53.295, 75% of initial price of $71.06
Pricing date:	Oct. 24
Settlement date:	Oct. 31
Lead manager:	Wachovia Securities
Listing:	"WDB.Q" on American Stock Exchange

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