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NATIONSBANK NAMED FIRST CORPORATE PARTNER FOR 1996 ATLANTA CENTENNIAL OLYMPIC GAMES

 NATIONSBANK NAMED FIRST CORPORATE PARTNER
 FOR 1996 ATLANTA CENTENNIAL OLYMPIC GAMES
 ATLANTA, March 5 /PRNewswire/ -- NationsBank Corporation (NYSE: NB) and the Atlanta Committee for the Olympic Games (ACOG) today announced that NationsBank has been named the first corporate Partner for the 1996 Atlanta Centennial Olympic Games.
 The agreement makes NationsBank the official bank partner of the 1996 Summer Olympic Games.
 "NationsBank is honored to be part of the Olympic dream," said Hugh L. McColl Jr., chief executive officer of NationsBank. "The South proudly looks forward to hosting the world in 1996. As the largest bank in the region -- stretching from Baltimore to Miami to El Paso -- it's only appropriate that NationsBank pledge its financial power as a partner in what will be the best Olympic Games ever. We are proud to do so."
 "This Olympic partnership is our way of demonstrating that NationsBank is also a partner with the city of Atlanta and its leaders," said Ken Lewis, president of the NationsBank General Bank. "In four years, Atlanta will take another giant step toward becoming the world's next great international city. NationsBank will be here to support that growth and the growth of our entire region into the 21st century."
 Following the close of the 1992 Summer Olympic Games in Barcelona in August, NationsBank will be allowed to begin promoting its association with the Atlanta Games and the United States Olympic Committee (USOC).
 Under a unique and unprecedented partnership formed by ACOG and the USOC, NationsBank is the sole commercial bank partner of the 1996 Centennial Olympic Games. The ACOG-USOC partnership, called Atlanta Centennial Olympic Properties (ACOP), also ensures that NationsBank will be the only commercial bank sponsor of the U.S. Olympic teams at the Winter Games in Lillehammer, Norway, in 1994 and at Atlanta in 1996. This partnership will allow NationsBank to use its own logo, the official Olympic rings and the Atlanta Games logo jointly in promotions associated with the 1996 Centennial Olympic Games.
 "We are very pleased that the first national partner for the Atlanta Centennial Games is a corporate citizen of our region of the country," said Billy Payne, president of ACOG. "By joining in our partnership, Hugh McColl and Ken Lewis have demonstrated the depth of the NationsBank commitment to the South."
 The partnership announcement was made at a press conference this morning in the lobby of the NationsBank Plaza.
 Three Olympic medal winners connected with NationsBank attended or were represented at the news conference and made brief remarks. They were Fred Gaylord, Dave Edgar and Wilma Rudolph.
 Fred Gaylord's son, Mitch Gaylord, won a gold medal in gymnastics in 1984. Fred Gaylord works for the NationsBank factoring unit in Los Angeles. Edgar, a member of the U.S. swim relay team that won a gold medal in 1972, now works for NationsBank Trust Company in Fort Lauderdale. Rudolph, a former NationsBank employee in Nashville, in 1960 became the first U.S. woman to win three gold medals.
 NationsBank announced on Jan. 21 that it will provide a $300 million line of credit to help finance the 1996 Atlanta Centennial Olympic Games. The line of credit will be used by ACOG for working capital and other short-term needs.
 NationsBank is the fourth-largest U.S. banking company with assets of $110 billion and more than 1,800 banking offices in nine states and the District of Columbia.
 -0- 3/5/92 R
 /NOTE TO EDITORS: Reporters wishing to participate in the press conference by telephone may call 913-749-9258 (ID No. 4B55) to listen and ask questions. Television stations wishing to pick up the live satellite feed of the pre-607-5251 or 704-386-5501, both of NationsBank/
 (NB) CO: NationsBank Corporation; Atlanta Committee for the Olympic Games;
 Atlanta Centennial Olympic Properties ST: Georgia IN: FIN LEI SU:


BN -- AT005 -- 5604 03/05/92 16:14 EST
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Date:Mar 5, 1992
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