BankAmerica dividends declared.

SAN FRANCISCO--(BUSINESS WIRE)--May 1, 1995--Quarterly dividends for BankAmerica Corporation's (BAC) common and preferred stocks were declared by the corporation's Board of Directors at its meeting here today. The amounts, unchanged from the previous quarter, were: -0-

   $0.8125 per share for Series A preferred stock;
   $1.50 per share for Series B preferred stock;
   $0.60156 per share for Series F preferred stock;
   $0.5625 per share for Series H preferred stock;
   $13.75 per share for Series I preferred stock;
   $13.75 per share for Series J preferred stock;
   $0.52344 per share for Series K preferred stock;
   $10.20 per share for Series L preferred stock;
   $9.84375 per share for Series M preferred stock;
   $10.625 per share for Series N preferred stock.
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The Series G and Series 1 preferred stocks have been called for redemption, as previously announced. Dividends of $0.8125 for the Series G Preferred and $0.625 for the Series 1 Preferred will be paid to holders who surrender their certificates for redemption in accordance with the notices of redemption.

The common stock dividends will be paid on June 14, 1995 to shareholders of record on May 24, 1995. Dividends on the eight series of preferred stock, A, B, F, H, K, L, M, and N will be paid on May 31, 1995 to shareholders of record on May 12, 1995. Dividends on the Series I and J preferred stock will be paid on June 30, 1995 to shareholders of record on June 15, 1995.

Each holder of a depositary share of Preferred Series I, J, L, M, or N is entitled to receive one-twentieth of the declared dividend.

CONTACT: BankAmerica Corp.

Peter Magnani, 415/953-2418