This Amendment (the "Amendment") to the Deposit Agreement relating to Series VII Fixed/Adjustable Rate Cumulative Preferred Stock of Fleet Financial Group, Inc. dated April 1, 1996 (the "Deposit Agreement") is entered into between Bank of America Corporation, as successor to FleetBoston Financial Corporation and Fleet Financial Group, Inc., and EquiServe, Inc., as successor to First Chicago, NBD and Fleet National Bank.

        The parties agree as follows:

         1.   All references to "Series VII Fixed/Adjustable Rate Cumulative Preferred Stock" should be replaced
                with references to "Bank of America Fixed/Adjustable Rate Cumulative Preferred Stock."

         2.   All references to Rhode Island and the laws of Rhode Island should be replaced with Delaware and
                the laws of Delaware.

         3.   All other terms of the Deposit Agreement will remain in effect.
 
         This Amendment shall be effective at 12:01 a.m. April 1, 2004.

                                                                                           Bank of America Corporation

                                                                                           /s/ Jane R. Smith
                                                                                           Name:  Jane R. Smith
                                                                                           Title:  Vice President

                                                                                            EquiServe, Inc.

                                                                                             /s/ Georgia F. Lonkart
                                                                                             Name:  Georgia F. Lonkart
                                                                                             Title: Senior Managing Director