Filed Pursuant to Rule 424(b)(3)
File Number 333-59165
Prospectus Supplement No. 1
(To Prospectus Supplement dated
September 18, 1998 and Prospectus
dated July 28, 1998 of Wachovia
Corporation)
Wachovia Corporation's Prospectus dated July 28, 1998 (the "Prospectus"), as
supplemented by the Prospectus Supplement dated September 18, 1998 (the
"Prospectus Supplement"), relating to its Senior Floating Rate Notes due
September 28, 2000, is revised as follows:
1. The Calculation Agent for the Senior Floating Rate Notes has been
changed to:
The Chase Manhattan Bank
450 West 33rd Street, 15th Floor
New York, New York 10001
(telephone: 1-800-275-2048)
2. The section captioned "Experts" on pages 13-14 of the Prospectus is
amended to read in its entirety as follows:
"The consolidated financial statements of Wachovia
Corporation and subsidiaries at December 31, 1997 and
1996, and for each of the three years in the period
ended December 31, 1997, incorporated by reference in
this Prospectus and Registration Statement have been
audited by Ernst & Young LLP, independent auditors, as
set forth in their report thereon and incorporated
herein by reference, which is based in part on the
reports of KPMG Peat Marwick LLP, independent auditors.
Such consolidated financial statements are incorporated
herein by reference in reliance upon such report given
upon the authority of such firm as experts in
accounting and auditing."
The date of this Prospectus Supplement No. 1 is September 24, 1998.
