Community Involvement

Wachovia Securities and the firms that make up their parent company, Wachovia Corporation, are committed to building strong and vibrant communities, improving quality of life, and making a positive difference where we live and work. We focus resources and employee talents on two key priorities:

• Improving education
• Strengthening neighborhoods

Volunteerism: In 2006, Wachovia Corporation...

• Logged more than 710,000 hours of employee volunteer community service.
• Launched eight new chapters of WachoviaVolunteers!, the employee-driven organization that encourages and supports employee volunteerism. We now have 33 chapters around the company. One in four employees is a member of a WachoviaVolunteers! chapter.
• Supported employee volunteerism through our Time Away from Work for Community Service policy, giving all employees four hours per month—or six days per year—of paid time off to volunteer in their communities.

Contributions: In 2006, Wachovia Corporation...

• Contributed nearly $118 million to charitable organizations through company and foundation giving.
• Contributed $27 million through employee workplace giving campaigns and personal donations.
• Gave special grants totaling more than $268,000 to educational institutions and charitable organizations in recognition of employee volunteer service through our volunteer grants program.
• Provided more than $8.2 million to match employee gifts to educational institutions and charitable organizations.

Education: In 2006, Wachovia Corporation...

• Involved employees in nearly 6,100 partnerships with local classrooms through the Reading First early childhood literacy program, donating more than 121,000 books to classroom libraries.
• Expanded support for the United Negro College Fund (UNCF) by pledging the first gift—$1 million—to the post-Hurricane Katrina "Wave of Hope" campaign. Proceeds from the campaign will rebuild colleges and replenish scholarships in the Gulf Coast.
• Was named a Founding Corporate Partner by Teach For America, which recruits top college graduates to teach for two years in schools in low-income rural and urban communities. For the fourth consecutive year, the Wachovia Championship contributed $1 million in proceeds to Teach For America.
• Continued its involvement with the Foundation for Investor Education's Stock Market Game Program, which teaches students investing basics by letting them create and track hypothetical portfolios online. The Wachovia Securities Stock Market Game, the only such effort to be sponsored by a corporation, encourages Financial Advisors to implement the game in local classrooms. Nearly 5,000 students participated in the Wachovia Securities program last year.

To learn more about how Wachovia makes a difference, please visit the Community Involvement section of our corporate Web site, wachovia.com.

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