BAC.L Regulatory News (BAC)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to theshares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating theshares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3and 17 to 24.

(4) An issuer making a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should completeboxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes should in block capital letters.

1. Name of the issuer 2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) Bank of America Corporation This filing refers to iii 3. Name of person discharging 4. State whether notification relates managerial responsibilities/ to a person connected with a person director discharging managerial responsibilities/director named in 3 and identify the connected person Thomas K. Montag No

5. Indicate whether the notification 6. Description of shares (including

is in respect of a holding of the class), debentures or derivatives person referred to in 3 or 4 or financial instruments relating above or in respect of a to shares non-beneficial interest This relates to holdings related This refers to derivative to the person in 3 above securities 7. Name of registered shareholders 8 State the nature of the transaction (s) and, if more than one, the number of shares held by each of them Thomas K. Montag Payment based on attainment of certain goals relating to the Company's return on assets for the four quarters ending June 30, 2012, with vesting of 35% of the 2011 PRSU award. Pursuant to the terms of the 2011 PRSU award, of the 35% vested, 40% (or 137,311 units) was settled in cash on March 1, 2013 and 60% will be settled in shares of the Company's common stock on March 1, 2014.

9. Number of shares, debentures or 10. Percentage of issued class acquired

financial instruments relating to (treasury shares of that class shares acquired should not be taken into account when calculating percentage)

11. Number of shares, debentures or 12. Percentage of issued class disposed

financial instruments relating to (treasury shares of that class shares disposed should not be taken into account when calculating percentage) 137,311 2011 PRSUs 13. Price per share or value of 14. Date and place of transaction transaction $11.34 March 1, 2013 Charlotte, NC 15. Total holding following 16. Date issuer informed of transaction notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 3,523,408 shares, % March 1, 2013

If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes

17 Date of grant 18. Period during which or date on which it can be exercised 19. Total amount paid (if any) for 20. Description of shares or grant of the option debentures involved (class and number) 21. Exercise price (if fixed at time 22. Total number of shares or of grant) or indication that debentures over which options held price is to be fixed at the time following notification of exercise 23. Any additional information 24. Name of contact and telephone number for queries

Name and signature of duly authorised officer of issuer responsible for makingnotification

________________________Evelyn King____________________

Date of notification ________March 1, 2013______________________