Exhibit 99.2
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FOR IMMEDIATE RELEASE

JULY 15, 1996 -- NationsBank Corporation has announced a new stock option award
plan for associates.  On July 1, 1996, approximately 16 million options were
granted to more than 60,000 employees, from part-time associates through the
level of vice president.

"The stock option plan gives associates an opportunity to participate in the
success of the company," said NationsBank Chairman Hugh L. McColl Jr.  "This
option award recognizes the importance of our people and their individual effort
in a tangible and meaningful way."

The exercise price for the options is $84.25, equal to the closing price of
NationsBank common stock on July 1, 1996.  Fifty percent of each associate's
option can be exercised as early as Jan. 1, 1997, after NationsBank common stock
closes at or above $100 a share for 10 consecutive trading days.  The remaining
50 percent can be executed after NationsBank stock closes at or above $120 per
share for 10 consecutive trading days.

Regardless of price, the options fully vest on July 1, 2000, and they expire on
June 29, 2001.

This is the second NationsBank associate stock option plan in four years.  In
1992, options on 7 million shares were awarded.

NationsBank is the fifth-largest U.S. banking company, with $192 billion in
total assets at June 30, 1996, and full-service banking centers in nine states
and the District of Columbia.
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Media contact: Martha Larsh   (704)  388-4379