BankAmerica Corporation Charlotte, NC 28255 Tel 704 386-5000 BankAmerica Corporation Pricing Supplement No. 0207 Dated Rule 424(b)(2) December 11, 1998 (To Prospectus dated File number: 333-51367 May 21, 1998 and Prospectus Supplement dated November 16, 1998) Subordinated Medium-Term Notes, Series H Fixed Rate Notes Principal Amount: $ 30,000,000.00 Issue Price: 100%(1) Commission or Discount: 2.350 % $ 705,000.00 Proceeds to Corporation: 97.650 % $ 29,295,000.00 Agent: Merrill Lynch & Co., as Principal (1) Original Issue Date: December 23, 1998 Stated Maturity Date: December 23, 2013 Cusip #: 06606P-AB-5 Form: Book entry only Interest Rate: 6.000% per annum Interest Payment Dates: Monthly, 23rd of each month, commencing on January 23, 1999 Minimum Denominations: The Notes will be issued in denominations of $1,000 and integral multiples thereof. Discount Note? No May the Notes be redeemed by the Corporation prior to maturity? Yes(See Below) The notes will be subject to redemption at the option of the Corporation, in whole, on the Interest Payment Date occurring December 23, 2002 and on any Interest Payment Date ocurring in June or December thereafter at a redemption price equal to 100% of the principal amount of the Notes, plus accrued interest thereon, if any, upon at least 30 calendar days prior notice, as described the Prospectus Supplement. May the notes be repaid prior to maturity at the option of the holder? No (1): Notes purchased by the Agent as principal may be resold to investors and other purchasers at varying prices relating to prevailing market prices at the time of resale as determined by Merrill Lynch & Co.