424B3
File No. 33-57279
FIRST UNION CORPORATION
Dividend Reinvestment and Stock Purchase Plan
Common Stock
(Par Value $3.33 1/3 Per Share)
Effective with the June 15, 1995 Investment Date, the following
change to the Dividend Reinvestment and Stock Purchase Plan (the
"Plan") of First Union Corporation (the "Corporation") will become
effective:
(Box appears here) The three percent discount on dividends reinvested
and optional cash payments will be changed to a one percent discount.
You do not need to take any action to continue your participation in the
Plan.
Please attach this Prospectus Supplement to your copy of the Dividend
Reinvestment and Stock Purchase Plan Prospectus dated December 8, 1993.
If you would like a copy of the Prospectus or if you have any questions,
please contact our Transfer Agent and Dividend Reinvestment Plan
Administrator at 1-800-347-1246.
Prospectus Supplement dated May 12, 1995
to Prospectus dated December 8, 1993
