Today, the Treasury Department announced the pricing of its previously announced public offering of warrants to purchase shares of common stock of Bank of America Corporation. The offering of 150,375,940 warrants was priced at $8.35 per warrant and the offering of an additional 121,792,790 warrants was priced at $2.55 per warrant. The aggregate net proceeds to Treasury from the offerings are expected to be approximately $1,542,717,552.79, and represent Treasury's sale of its remaining investment in the Company. The closings are expected to occur on or about March 9, 2010.