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I hope you will vote for this proposal next year. Would you support it?

Mr/Mrs/Ms First Name Last Name, Address, City, State, Zip, who states that he/she owns Number shares of Company in writing that he/she intends to present a resolution for action by the shareholders at the Annual Meeting.

Shareholder Proposal From NAME

Whereas, Bank of America should provide funding to any political party or lobbying group that supports complete elimination of corporate income taxes and capital gain taxes.

Whereas, Bank of America paid a total of $4,271,000,000.00 in taxes according to the 2000 annual report. Elimination of this tax would increase shareholder value by increasing the amount of stock Bank of America could repurchase, increase dividend payments, and make the company more financially sound.

Whereas, elimination of the above taxes would increase Basic Earning Per Common Share from $4.56 to $7.20.

Whereas, this money would provide the company tremendous advantage in the domestic and international market by investing in more R&D, improved productivity, better employee compensation, and overall company performance.

Whereas, corporate income taxes and capital gains taxes is another form of double taxation to shareholders.

Resolved, that the company's Board take the necessary steps to provide contribution to political or lobbying groups that support corporate income and capital gain tax elimination.
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