EXHIBIT 99.1 OF FORM 8-K
Published on February 1, 1996
Exhibit 99.2
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FOR IMMEDIATE RELEASE
January 9, 1996 -- NationsBank announced it has completed the acquisition
of Bank South Corporation, effective today.
Bank South shareholders will receive a 0.44 share of NationsBank common
stock for each share of Bank South common stock. There are approximately
58 million shares of Bank South stock outstanding. As of September 30,
1995, Bank South had $7.7 billion in assets and $5 billion in deposits.
Headquartered in Charlotte, N.C., NationsBank has a retail banking
franchise in nine states and the District of Columbia. As of September 30,
1995, NationsBank had total assets of $182 billion.
Contact: Scott Scredon, NationsBank, (404) 607-5225